The agents and brokers of companies unwilling or unable to explain the spectrum of opportunities in risk management – including forming a captive – will lose clients to the more innovative brokers able to understand the opportunities captives offer. 9 March 2018
The addition of terrorism insurance to a captive insurance company through participation in the Terrorism Risk Insurance Act programme can be “extremely beneficial” to the captive owner – as long as the coverage is appropriate and risk reasonably associated to the operation of the business. 9 March 2018
DARAG Group, a European run-off insurance companny, has completed its acquisition of Ikano Försäkring, the captive insurance company of Swedish financial services provider Ikano Group. 7 March 2018
The president of the National Association of Insurance Commissioners (NAIC), Julie Mix McPeak, will be attending the CICA 2018 International Conference, the first-ever visit from an NAIC president to this event. 5 March 2018
Ratings agency AM Best has revealed plans to establish an office in Amsterdam, the Netherlands, in 2018 as part of its Brexit contingency plan. 2 March 2018
