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Actuarial & underwriting
The number of companies using captives to manage cyber risk is growing exponentially but most still rely on their brokers to help price this risk instead of conducting their own financial analysis using stochastic modelling. 12 June 2019
Accounting & tax analysis
A hardening market has prompted many companies to explore ways of leveraging their captive to help dodge or at least offset some of the rate increases, according to Jason Flaxbeard, executive managing director, captive management and consulting, Beecher Carlson. 12 June 2019
Analysis
Bermuda expects more captive formations from Canadian companies in the coming years, as several years of building relationships in that market come to fruition. That is according to Jereme Ramsay, business development manager (risk solutions) at the Bermuda Business Development Agency (BDA). 12 June 2019
Analysis
This week Vermont passed legislation that creates a regulatory sandbox for the development of a new generation of innovative insurance products, services and technologies. 12 June 2019
Analysis
Captive insurance manager Strategic Risk Solutions Europe has appointed David Lewis as managing director. 11 June 2019
Accounting & tax analysis
Captive premium growth for cyber risk has accelerated by 263 percent in the past year, according to Aon. 11 June 2019
Analysis
The captive industry needs to work together to come up with ways to attract younger people into the industry. 11 June 2019
Analysis
The key stages of a captive was the focus of a break-out discussion during the Bermuda Captive Conference with the audience told that a mature captive could almost act like a commercial insurer. Parent companies can generate profits from additional premium by underwriting third-party risks in their more mature captives. 11 June 2019
Analysis
Bermuda was one of only two jurisdictions to respond to inquiries from students to set up their own captive, the Bermuda Captive Conference heard yesterday. 11 June 2019
Analysis
This year’s Bermuda Captive Conference has an increased focus on engaging young professionals looking to transition into the insurance industry, particularly captives, as part of its community outreach programme. 10 June 2019
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