News
Actuarial & underwriting
Randall & Quilter II Holdings, a subsidiary of Randall & Quilter Investment Holdings, has signed an agreement to acquire the entire issued share capital of The World Marine & General Insurance Company (WMG) from BHP Group. 20 August 2020
Asia-Pacific analysis
Australia has been the victim of bushfires, severe hailstorms and flooding, as well as other industry-specific risks. The number of businesses turning to captives to help manage these risks is growing all the time, says Marsh’s Rob Geraghty. 20 August 2020
Actuarial & underwriting
Thimble, the insurtech startup, has been selected to the Lloyd's Lab innovation accelerator programme to develop solutions to support the market response to COVID-19. 19 August 2020
Executive Appointments
Arceo.ai, a cyber risk analytics company, has hired Thomas Gamble as executive vice president and global chief distribution officer as it looks to open up new markets in Bermuda, London and Canada. 19 August 2020
Actuarial & underwriting
Captive insurance regulators should use consulting actuaries to analyse the loss projections of captives under their oversight to determine whether they are engaged in genuine risk transfer. 18 August 2020
Actuarial & underwriting
COVID-19 has destabilised the global economy and increased risk across all types of business. Run-off solutions can help captives better manage these risks, say Steve McElhiney of Artex and Carolyn Fahey of AIRROC. 17 August 2020
Executive Appointments
DARAG North America has appointed Stuart Brown and Helen Weinstein as chief financial officer and general counsel, respectively. They will both be based in DARAG’s newly established US headquarters in Atlanta, Georgia. 17 August 2020
USA analysis
COVID-19 is set to cause a spike in medical malpractice claims over the next 12-18 months, despite its impact having not yet been fully felt yet, according to Clare Bello, senior vice president at VCM, a division of CCMSI. 13 August 2020
USA analysis
Captive International is asking its readers to vote for the best captive insurance jurisdictions, managers, lawyers, and other service providers in its inaugural US Captive Awards. 13 August 2020
IT & claims management analysis
Re/insurers can address capacity issues and improve their relationships with clients by embracing digital transformation and the potential of new technology such as blockchain and artificial intelligence. 12 August 2020
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