News

Actuarial & underwriting

Fleming Re completes novation of Duarte workers’ comp liabilities

Fleming Reinsurance has completed the novation of the workers compensation deductible layer of Duarte Nursery, a family owned and operated permanent crops nursery located near Modesto in the Central Valley of California.   14 July 2020

article

Andrew Tunnicliffe returns to Aon

Aon has appointed Andrew Tunnicliffe as UK chairman for global and specialty, part of its commercial risk solutions, health solutions and affinity business.   14 July 2020

Actuarial & underwriting

COVID-19 could lead to increase demand for captives: Sedgwick

Captives are set to increase their role in providing coverage for organisations that have found themselves lacking in coverage or underinsured in the aftermath of the COVID-19 pandemic.   13 July 2020

Accounting & tax analysis

Preparing captive owners for new accounting legislation

IFRS 17 is the first international accounting standard for insurers. It represents a huge change for captive insurance companies, which will need to be well prepared to comply with the new rules, says Alex Gedge of Marsh.   13 July 2020

USA analysis

Crum & Forster partners with insurtech to offer short term health cover

The North River Insurance Company, a subsidiary of Crum and Forster, has partnered with Pivot Health to provide group short-term health insurance plans.   10 July 2020

EMEA analysis

Guernsey develops ESG kitemark for ILS

Guernsey’s insurance industry is developing a green kitemark for its insurance-linked securities (ILS) platforms, to promote environmental, social and governance (ESG) issues.   10 July 2020

Bermuda analysis

Two new Bermudian insurance entities registered in June

The Bermuda Monetary Authority (BMA) authorised two new insurance entities in June.   10 July 2020

Executive Appointments

R&Q co-founder Ken Randall to retire in March 2021

Ken Randall, the executive chairman and co-founder of Randall & Quilter, will retire on March 31, 2021, and step down as a director of the company.   9 July 2020

Executive Appointments

Dominic Wheatley joins Cutts-Watson Consulting

Dominic Wheatley has joined Cutts-Watson Consulting (CWC) as a consultant.   9 July 2020

Actuarial & underwriting

Cell captives gain traction in Sub-Saharan Africa

Sub-Saharan Africa’s economy has taken a considerable hit from COVID-19 and the resulting global shutdown, underlining the need for businesses in the region to be able to better manage their risk. Cell captives could offer an attractive solution, say Cenfri’s Matthew Dunn and Jeremy Gray, and Ernie van der Vyver of Clyde & Co.   9 July 2020

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