Market News
5 Ways Group Captives Help Members Foster a Culture of Safety
In group captive insurance, members' ability to create a safe workplace is pivotal in lowering their total cost of risk. The foundation of a safe workplace is a culture of safety that ultimately drives superior loss performance. Read More
Marsh, Aon, Artex Top List of Largest Captive Managers in New Survey
Marsh Captive Solutions was the world's largest captive insurance company manager in 2022, with 1,567 captives under management, according to a new "Business Insurance" survey. The Marsh-managed captive insurance companies were in 54 domiciles and generated nearly $70 billion in gross premium volume last year, "Business Insurance" found. Read More
March "CICR" Looks at Captives' Potential ESG Role
Don't miss the March issue of "Captive Insurance Company Reports" ("CICR"), which looks at the role that captive insurance companies potentially play in their parents' environmental, social, and governance (ESG) initiatives. Read More
Organizations Are Making ERM Progress, but There's Work To Be Done
As business risks grow more complex, many risk leaders are taking too narrow a view of the systemic risks facing their organizations, a new examination of businesses' enterprise risk management (ERM) progress suggests. Fewer than a third of risk leaders surveyed completely agreed that businesse risks can come from anywhere. Read More
Premia Holdings Joins ABIR, CEO Bill O'Farrell Appointed to ABIR Board
Premia Holdings Ltd., a global acquirer and reinsurer of run-off portfolios, has joined the Association of Bermuda Insurers and Reinsurers (ABIR). Bill O'Farrell, Premia's CEO, has been appointed to the ABIR board. The ABIR now has 30 member insurers and reinsurers, as well as 4 intermediaries. Read More