Catastrophe Risks
COVID-19 Crisis Demonstrates Need for Captives for Risk Mitigation
The fallout from the COVID-19 pandemic highlights the role of captive insurance companies as a risk mitigation tool. Read More
COVID-19 and the Need To Think about Leadership and Crisis Management
As we self-quarantine and seek a return to normalcy, real leadership is called for. But what does leadership in a time of crisis look like? A "Wall Street Journal" article got us thinking. It has a lot to do with generative governance. Read More
A.M. Best Developing COVID-19 Stress Test for Rated Insurers
A.M. Best announced that it's developing stress testing that it will conduct on all its rated insurance companies' balance sheets to gauge the impact of the COVID-19 outbreak on risk-adjusted capital levels, investment portfolios, reserve adequacy, and other aspects of risk borne by rated companies. Read More
COVID-19's Possible Impacts on Captive Insurers Are Varied
Captive insurance companies will no doubt feel the impacts of the novel coronavirus pandemic and the COVID-19 disease it causes, both in the near term and possibly in the future as captive owners look to close holes the outbreak is revealing in insurance programs. Read More
SRS Closing Offices, Moving Meetings Online Due to COVID-19
In yet another impact of the COVID-19 outbreak on the captive insurance industry, captive manager Strategic Risk Solutions (SRS) disclosed Monday that it will close all offices, except for essential staff. The Boston-based captive manager will move all meetings from in person to online and will suspend all business-related travel. Read More