News
Analysis
Andrew Price has been named president of Next Level Administrators (NLA), a company providing claims administration services to carriers, program administrators, captives and self-insured employers. 19 August 2019
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Aon and HSBC have used an innovative captive solution to complete a £7 billion longevity swap, involving the HSBC Bank (UK) Pension Scheme and Prudential Insurance Company of America (PICA). 14 August 2019
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Daniel Towle, president of CICA, believes the captive industry is probably better placed than the overall insurance industry when it comes to providing opportunities for women to advance to senior positions. 13 August 2019
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The Captive Insurance Companies Association (CICA) has launched a new task force focused on connecting women with opportunities for education, networking and influence in the captive insurance industry. 12 August 2019
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Artex, the provider of alternative risk management solutions, has launched a new group captive programme, designed specifically for construction companies within the US. 12 August 2019
Asia-Pacific analysis
More companies across Asia are open to the idea of using captives, according to officials from the Labuan Financial Services Association and Swiss Re Corporate Solutions. 12 August 2019
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A number of themes were discussed over the four-day VCIA conference in Vermont last week (week commencing August 5), highlighting some of the key hopes and concerns of the captives community in one of the big calendar events of the year. 12 August 2019
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Randall and Quilter Investment Holdings (R&Q) has issued a loss portfolio transfer reinsurance covering workers’ compensation, product, auto, and general liability risks. 12 August 2019
Bermuda analysis
Sompo Global Risk Solutions (GRS) has formed a new team offering insurance solutions to smaller businesses in the US and Mexico, including its industry vertical and Asian interest accounts. 12 August 2019
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Boston-based Spring Consulting Group (Spring) has been working with captives since its inception in 2004, with team members whose captive experience dates back to the 1990s. 9 August 2019
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