News
Law & regulation
The US Department of the Treasury is seeking comment from the industry regarding the way captive insurance companies are treated by the Terrorism Risk Insurance Program (TRIP), required by the Terrorism Risk Insurance Program Reauthorization Act of 2019. 11 November 2020
Actuarial & underwriting
Citadel Risk has appointed Gary Hall as senior vice president and chief underwriting officer at American Millennium Insurance Company (AMIC). 11 November 2020
Actuarial & underwriting
Modelling human behaviour is one of the biggest hurdles to accurately analysing pandemic and cyber risk, according to a new report from CyberCube. 10 November 2020
Actuarial & underwriting
Global commercial insurance prices rose 20 percent in the third quarter of 2020, the twelfth consecutive quarter of price increases, according to Marsh’s Global Insurance Market Index. 9 November 2020
IT & claims management analysis
More than one-third (34 percent) of full-time employees at companies in the US are not practising basic cybersecurity protocols, according to a new survey report from Visual Objects, a visual guide to finding and hiring the best creative firms. 9 November 2020
USA analysis
Construction companies are increasingly prolific users of captive insurance companies, according to Randy Sadler, principal at CIC Services, at a time when a lower US tax rate and deregulation have encouraged a building boom. 6 November 2020
Actuarial & underwriting
Silent cyber is jeopardising the financial solvency and credit ratings of some insurers, according to a white paper published by Airmic titled Silent Cyber: Can You Hear It? 6 November 2020
article
The North Carolina Captive Insurance Association (NCCIA) has issued a call for submissions for panels for it’s 2021 Annual Conference, which will be held from August 30 through September 1, 2021. 6 November 2020
EMEA analysis
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
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
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