Market News
KBRA: Bermuda Business Environment Fosters (Re)Insurance Innovation
In a report, Kroll Bond Rating Agency (KBRA) said Bermuda's role as both a seasoned reinsurance provider and a solution incubator for the global (re)insurance industry continues, and KBRA believes Bermuda's role is perhaps even more relevant now than ever before. Read More
HyreCar To Implement Captive Insurance Solution for Ridesharing
Through a joint venture, HyreCar, Inc., will partner to create a captive insurance company designed for car sharing in the ridesharing space. The company said a captive solution will give it the flexibility to reduce risk and increase profit margins while providing tailored insurance solutions for the on-demand economy. Read More
Insurers and Reinsurers Actively Shaping ESG Agenda
Some major re/insurance industry participants are now actively involved in shaping the so-called environmental, social, and governance (ESG) agenda as a result of their unique role as risk managers, institutional investors, and risk insurers on behalf of a wide range of industries. Read More
Hub International Sets Up Hospitality Group Captive Insurer
Hub International Limited (HUB) has set up a hospitality member-owned group captive insurance company. HUB said it designed the hospitality group captive to meet the challenges of insuring the exposures of the hospitality industry as well as other industries. Read More
A Look at the New Willis Towers Watson Captive Quantified Model
Captive.com recently sat down with Sean B. Rider, executive vice president and managing director of Willis Tower Watson's global captive practice, to discuss the evolution of the organization's newest model, "Captive Quantified," and its reception in the captive insurance market. Read More