News
Analysis
The House of Representatives has passed bipartisan legislation to reauthorise the Terrorism Risk Insurance Act (TRIA), as part of Fiscal Year 2020 appropriations legislation. The move sees TRIA remain in place for the next seven years. 19 December 2019
Analysis
“The most significant challenge facing claims organisations today is a talent shortage,” according to the 2019 Workers’ Compensation Benchmarking survey, conducted by Rising Medical Solutions (RMS). 18 December 2019
Analysis
Cayman is a well-regulated and effective domicile yet, like other offshore domiciles, it has become the target of various international bodies that wish to impose their own regulatory ideas. Artex’s Kevin Poole examines the recent rules and legislative changes that have been made in response. 18 December 2019
article
The initial costs of workplace violence may come and go in the space of a week or two. However, there are various other costs, such as trauma care, funerals and grief counselling, which may be more drawn out and are considerably harder to quantify, says Paul Marshall of McGowan Program Administrators, in the third of a four-part series about the impact and aftermath of an active shooter event. 17 December 2019
Analysis
Captives owners are increasingly evaluating the possibility of expanding their existing self-insurance programmes to include non-traditional lines of insurance, says Claire Hutchinson of Advantage Insurance. 17 December 2019
Analysis
The Captive Investors Fund represents a competitive advantage in captive investment management, using its scale to achieve results that captives would struggle to match on their own, says Scott Renninger of Captive Resources. 17 December 2019
Analysis
Captive insurance companies play a valuable role helping many entities structure and manage risk, but as the business landscape changes over time, there may come a point when the owner decides that it no longer needs or wants all or part of the captive, as RiverStone’s Matt Kunish explains. 17 December 2019
Analysis
Comar Tunisia, which provides medical, life, accident and disability coverage. has become the latest local insurance provider to join the Maxis Global Benefits Network (Maxis GBN). 16 December 2019
article
Reputation crises are corporate traumas, exacting costs in terms of capital, executive time and personal reputations. Surveys show that reputation risk is a top board concern, while corporate filings show it is a material peril, says Nir Kossovsky of Steel City Re. 16 December 2019
Analysis
After a decade of mostly uninterrupted GDP growth across G10 economies—with the notable exception of Japan and several European economies—investors are beginning to pause after lacklustre manufacturing data has heightened concerns that many economies may fall into recession, says Zafrin Nurmohamed of Butterfield Bank (Cayman). 16 December 2019
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