News

EMEA analysis

South Africa’s draft conduct standard for third-party cell captives: ironing out the details

Christine Hougaard and Matthew Dunn of Cenfri, and Ernie van der Vyver from Clyde & Co examine the lessons that can be learned from South Africa’s cell captive regulatory journey.   5 November 2020

Actuarial & underwriting

Writing reputational insurance can strengthen captives: Steel City Re

Captives should consider writing protection coverage for their owners as a way to diversify their exposures and build up their capital bases, according to Nir Kossovsky, chief executive officer at Steel City Re, speaking exclusively to Captive International.   4 November 2020

Law & regulation

Global Century Insurance Brokers and Quantibridge Capital accused of defrauding Vermont-based RRG

Michael Pieciak, the commissioner of the Vermont Department of Financial Regulation, has filed a suit against Global Century Insurance Brokers (GCIB) and Quantibridge Capital, as well as individuals Jasbir Thandi and Jaspreet Singh Padda, for allegedly participating in a scheme to defraud Global Hawk Insurance Company Risk Retention Group.   3 November 2020

article

Guy Carpenter appoints Demian Smith to lead new marine and energy captives practice

Guy Carpenter & Company has launched a new marine and energy mutual, agency and captive reinsurance solutions practice and appointed Demian Smith as managing director to lead it.   2 November 2020

Actuarial & underwriting

A call to action for captives

Businesses are seeing costs escalate, not least in the form of rising medical costs. Using a captive as a centralised risk management tool for employee benefits can help reduce these costs by enabling a comprehensive approach to global risk financing, say Aon’s Aidan Kelly and Vaibhavi Patel.   30 October 2020

Actuarial & underwriting

Chubb enhances its cyber index with new functionality

Chubb has enhanced its Chubb Cyber Index with new capabilities to help organisations analyse and manage their cyber exposures.   29 October 2020

Law & regulation

US Court of Appeals declines to rehear Shivkov vs Artex case

The US Court of Appeals for the Ninth Circuit has denied a petition to rehear the case Shivkov versus Artex.   29 October 2020

USA analysis

Risk Strategies acquires LaRocca & Associates

Risk Strategies has acquired LaRocca & Associates, a specialty brokerage with expertise in health and welfare benefits across several industries.   28 October 2020

Actuarial & underwriting

Compass Group points the way to improved risk management

The COVID-19 pandemic has taken a heavy toll on Compass Group, the contract catering business. When the virus struck the company was in the process of overhauling its insurance and risk management strategy, and now an enhanced role for its captives may position it well for future challenges. Captive International spoke to Compass Group's Scott Feltham.   28 October 2020

article

Kensington names Erin Brosnihan as its new president

Kensington Management Group has named Erin Brosnihan as its president, following the retirement of Michael Gibbs at the end of 2020.   28 October 2020

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