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  • Over 1,400 Captive Specialists Will Converge Next Week in Cayman Over 1,400 specialists, including captive directors, chief financial officers, risk managers, service providers, and captive managers, from around the world will converge again at the 25th annual Cayman Captive Forum next week in the Cayman Islands to discuss the issues most pressing to the captive insurance industry.
  • A.M. Best Projects Combined Ratio for Global Reinsurance An A.M. Best briefing projects an estimated combined ratio of 110 percent for its composite of global reinsurers, with return on equity ranging from 0 percent down to –5 percent. The last time the global reinsurance composite reported a combined ratio above 100 percent was in 2011.
  • "Cyber Insurance for Healthcare Market Survey" Now Available International Risk Management Institute, Inc. (IRMI), has released the "Cyber Insurance for Healthcare" issue of The Betterley Report. This new report provides an overview of the market conditions and coverage trends related to cyber and privacy insurance for healthcare organizations.
  • FEMA Chooses AIR Worldwide To Model NFIP Flood Risk The Federal Emergency Management Agency (FEMA) will use AIR Worldwide's Inland Flood and Storm Surge Models for the United States to better understand the National Flood Insurance Program's (NFIP's) loss potential to help evaluate actuarially sound rates and assess the impacts of major flooding events in real time.
  • Milliman To Redesign Nationwide Rating Plan for NFIP The Federal Emergency Management Agency (FEMA) has selected Milliman, Inc., to provide actuarial consulting services to redesign flood insurance products across the National Flood Insurance Program (NFIP). Milliman will provide state-of-the-art tools, technology, and analysis to FEMA in order to design a new rating plan for NFIP policies nationwide.
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Over 1,400 Captive Specialists Will Converge Next Week in Cayman

Over 1,400 specialists, including captive directors, chief financial officers, risk managers, service providers, and captive managers, from around the world will converge again at the 25th annual Cayman Captive Forum next week in the Cayman Islands to discuss the issues most pressing to the captive insurance industry.
November 21, 2017 Read More
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A.M. Best Projects Combined Ratio for Global Reinsurance

An A.M. Best briefing projects an estimated combined ratio of 110 percent for its composite of global reinsurers, with return on equity ranging from 0 percent down to –5 percent. The last time the global reinsurance composite reported a combined ratio above 100 percent was in 2011.
November 20, 2017 Read More
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"Cyber Insurance for Healthcare Market Survey" Now Available

International Risk Management Institute, Inc. (IRMI), has released the "Cyber Insurance for Healthcare" issue of The Betterley Report. This new report provides an overview of the market conditions and coverage trends related to cyber and privacy insurance for healthcare organizations.
November 17, 2017 Read More
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FEMA Chooses AIR Worldwide To Model NFIP Flood Risk

The Federal Emergency Management Agency (FEMA) will use AIR Worldwide's Inland Flood and Storm Surge Models for the United States to better understand the National Flood Insurance Program's (NFIP's) loss potential to help evaluate actuarially sound rates and assess the impacts of major flooding events in real time.
November 16, 2017 Read More
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Milliman To Redesign Nationwide Rating Plan for NFIP

The Federal Emergency Management Agency (FEMA) has selected Milliman, Inc., to provide actuarial consulting services to redesign flood insurance products across the National Flood Insurance Program (NFIP). Milliman will provide state-of-the-art tools, technology, and analysis to FEMA in order to design a new rating plan for NFIP policies nationwide.
November 16, 2017 Read More
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Strategic Risk Solutions Grows Presence in Barbados

Strategic Risk Solutions (SRS) has acquired CGE Group (CGE), a captive and other international business management company in Barbados. CGE's current CEO, Chris Evans, will lead the Barbados operations. The acquisition will allow SRS to establish a strong, immediate presence.
November 14, 2017 Read More
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2018 IRMI Energy Risk & Insurance Conference Registration Now Open

Energy is a risky business with specialized and very complex insurance needs. The 2018 IRMI Energy Risk & Insurance Conference (ERIC) provides a unique opportunity to discuss best practices and develop a powerful network of risk professionals who can help solve problems. Register now for the 2018 ERIC.
November 14, 2017 Read More
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CICA and Butler University Partner To Support the Captive Industry

The Captive Insurance Companies Association (CICA) and Butler University will collaborate on a professional development partnership. The alliance will help students learn about the depth and variety of career opportunities in captive insurance while giving captive leaders insights on how to make captive careers appealing to young professionals.
November 10, 2017 Read More
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A.M. Best Report: Multinational Re/Insurers Face Market Access Obstacles

Insurers and reinsurers with global operations are increasingly encountering market access issues as a political shift toward protectionism leads to barriers to trade in mature and emerging markets, according to A.M. Best's latest special report, titled "Rising Protectionism Creates Market Access Issues for Multinational Insurers."
November 09, 2017 Read More
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A Blockchain Prototype for the Captive Insurance Market

In cooperation with Ernst & Young, Ginetta, and Citi Treasury and Trade Solutions, Allianz Global Corporate & Specialty has successfully implemented a blockchain prototype for a global captive insurance program. The technology aims to increase efficiency in the captive organization's international insurance transactions by accelerating and simplifying functionalities.
November 09, 2017 Read More
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