News

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RIMS appoints Ellen Dunkin as president for its 2021 term

RIMS, the risk management society, has appointed Ellen Dunkin as president for the 2021 term.   5 January 2021

Actuarial & underwriting

R&Q completes acquisitions of WMG and Inceptum

Randall & Quilter II Holdings, a wholly owned UK subsidiary of Randall & Quilter Investment Holdings (R&Q), has completed the acquisitions of The World Marine & General Insurance Company (WMG) and Inceptum Insurance Company, having received the necessary regulatory approvals.   5 January 2021

Actuarial & underwriting

Marillac becomes R&Q’s second Cayman captive acquisition of 2020

Randall & Quilter II Holdings, a wholly owned subsidiary of Randall & Quilter Investment Holdings, has completed the acquisition of Marillac Insurance Company, the Cayman captive insurer of Verity Health System of California.   4 January 2021

Actuarial & underwriting

John Zern hired to lead Ryan Specialty Benefits

Ryan Specialty Group (RSG) has hired John Zern as president and chief executive officer of Ryan Specialty Benefits.   4 January 2021

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Captives should consider hedge funds: Oppenheimer

Captives should seriously consider investing in hedge funds, according to Jack Meskunas, executive director of investments and captive insurance asset management advisor at Oppenheimer & Co.   4 January 2021

Actuarial & underwriting

BevCap secures reinsurance facility from Fleming Re

Fleming Reinsurance has established a custom reinsurance facility with BevCap P&C Protected Cell (BevCap).   4 January 2021

article

Isle of Man-based Wilton boosts captives offering through acquisition

Isle of Man-based Wilton Group, which launched a captives offering in July, is to boost this offering through the acquisition of a group of companies that focus on captive insurance management, life and general insurance and the administration of retirement benefit schemes.   23 December 2020

Accounting & tax analysis

Captive MGU International Re unveils capacity partnership with Cimarron

The partnership will underwrite a range of admitted property and casualty lines of business.   22 December 2020

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Captives in Bermuda, Cayman, Barbados outperform: AM Best

The pre-tax operating income for this group reached the highest level ever recorded.   21 December 2020

Accounting & tax analysis

The captives year in review

To state the obvious, 2020 has been like no other year. However, the captive insurance world has not only survived, it has thrived under a myriad of strange circumstances, says Gary Osborne of Risk Partners.   21 December 2020

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