Don't miss the February issue of "Captive Insurance Company Reports" ("CICR"), where Sandy Bigglestone, director of captive insurance at the Vermont Department of Financial Regulation, presents a comprehensive review of risk retention groups.
January 28, 2020
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Willis Towers Watson reported that insured losses from major natural catastrophes in 2019 totaled roughly $53 billion, about 18 percent lower than the annual average since 2011.
January 24, 2020
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Business Insurance will host the 29th World Captive Forum in Miami on January 27–29.
January 23, 2020
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A House of Representatives subcommittee will hold the first congressional hearing on legislation that would expand the coverages risk retention groups (RRGs) can offer to their policyholder-owners.
January 22, 2020
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Beazley and RenaissanceRe recently launched a reinsurance solution for catastrophic cyber events backed by capital markets.
January 21, 2020
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According to the National Oceanic and Atmospheric Administration (NOAA), in 2019, there were 14 weather and climate disaster events with losses exceeding $1 billion each across the United States.
January 20, 2020
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Gemini, a cryptocurrency exchange and custodian, launched a captive insurance company licensed in Bermuda to insure Gemini Custody™.
January 17, 2020
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The global mergers and acquisitions (M&A) market is forecast to struggle to add value in 2020, according to Willis Towers Watson.
January 17, 2020
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Year-over-year, all lines of business except workers compensation experienced an increase in average premium renewal rate.
January 16, 2020
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The Captive Insurance Companies Association (CICA) recently announced the three finalist teams in its student essay contest.
January 16, 2020
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eMaxx recently reported that its Vermont-domiciled energy group captive programs have seen significant growth.
January 15, 2020
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Butler University's programs for risk management and insurance professionals have been recognized by "Business Insurance" magazine.
January 15, 2020
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The AssureCap Advantage program enters its third year of underwriting while achieving major improvements in the claim and exposure profiles of its participating senior care facilities.
January 13, 2020
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Green Mountain Sponsored Captive Insurance Company, Inc., has launched Greenguard, a group captive profit center program for owners and providers of multifamily properties.
January 08, 2020
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For the fourth consecutive year, the Federal Emergency Management Agency (FEMA) has completed placement of reinsurance coverage.
January 07, 2020
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Reinsurance renewals at January 1, 2020, were shaped by deteriorating loss experience, a lack of new capital inflows, and increasingly challenged environments in the primary insurance and retrocession markets.
January 06, 2020
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Washington State Insurance Commissioner Mike Kreidler has ordered two captive insurance companies to stop writing business in the state.
January 03, 2020
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For the January 1, 2020, reinsurance renewal period, Willis Re found significant pricing and capacity variance across reinsurers.
January 03, 2020
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Don't miss the January issue of "Captive Insurance Company Reports" ("CICR"), which looks at the facilitation of innovative risk and operational structures in captive insurance entities.
January 02, 2020
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The Bermuda Monetary Authority's recent annual report on cyber underwriting revealed that organizations using Bermuda captive insurance structures to cover cyber-risk exposures increased year-over-year.
January 02, 2020
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