Captives
Interview - Ken MacDonald: Keeping it simple
As former chief exec of Aon Global UK, Ken MacDonald has been refreshed by a return to a private company. Lynn Rouse talks to Miller's head of corporate risks about triple-digit growth and targeting FTSE 250 firms.
PL brokers defiant over demise of NIG motor
Brokers have responded defiantly to any demise of NIG's personal lines motor book, insisting there is sufficient appetite to fill the void left by the insurer.
Postscript - five years ago: Authorities look into own captives
Looking through Post's back catalogue paints a unique picture of mroe than 150 years of insurance news, as this article from five years ago reveals.
Aon forms Aon Global Risk Consulting Bermuda
Aon Global Risk Consulting has launched a captive consulting practice, Aon Global Risk Consulting Bermuda, which is part of Aon Insurance Managers (Bermuda). Aon executive Laura Taylor is to lead the practice.
AM Best downgrades BP captive
AM Best has downgraded the financial strength rating (FSR) of Jupiter Insurance (Guernsey) from A (Excellent) from A+ (Superior) and issuer credit rating (ICR) to “a” from “aa-”).
Interview - Nicola Harvey: Embracing new horizons
Incoming Airmic chairman Nicola Harvey talks to Lynn Rouse about relishing career challenges, working with passionate people and her plans to deal proactively with emerging risks.
Captives: Testing captive strength
The captive sector has emerged relatively unscathed from the financial crisis, reflecting a conservative approach to investing and strong levels of governance. But now is not the time to be complacent, explains Clive James.
Captive insurers urged to participate in Solvency II
The Federation of European Risk Management Associations and the European Captive Insurance and Reinsurance Owners’ Association has urged captive insurers to participate in Solvency II.
Captives - interview: A captivating scene
Katherine Blackler talks to Dominic Wheatley of Willis' captive management practice about his career, the challenges faced by captive managers and the relationships they have with their reinsurance brokers.
Captives: The evolution of captives
Ken MacDonald explains why captives have become so significant and how captive owners can maximise the value they derive from them through exploring risk incubators and using actuarial science.
News analysis: Will the Deepwater Horizon oil rig losses dent reinsurer capital?
With Swiss Re estimating insured losses of up to $3.5bn, the Deepwater Horizon oil rig disaster could become the largest loss the energy market has witnessed since the Piper Alpha explosion in 1988. Katherine Blackler investigates.
Energy - Deepwater Horizon impact: In deep water?
Stephanie Denton reports on the fallout for the energy market from the recent Deepwater Horizon drilling platform explosion.
Comment: Everything to play for
Solvency II has created a cloud of uncertainty over captive insurance companies. Alan Fleming explains.
New Jersey targets captive and reinsurance markets
New Jersey Insurance Commissioner Tom Considine has praised new legislation that would grow the reinsurance market and create a captive insurance market in the state.
Heritage claims industry first following Heath Lambert acqusiition
Heritage Insurance Management in Guernsey has claimed a world-wide first by amalgamating two Protected Cell Companies into one.
Heritage claims industry first following Heath Lambert acqusiition
Heritage Insurance Management in Guernsey has claimed a world-wide first by amalgamating two Protected Cell Companies into one.
World Trade Centre captive reaches $657m settlement for worker claims
WTC Captive Insurance, a victims’ fund set up after the September 11th terrorist attacks, reached a settlement of as much as $657m with 10,000 workers claiming respiratory illness stemming from rescue and recovery efforts at the site.
Chartis forms captive practice group
Chartis UK has established a captive practice group to assist clients in dealing with current issues in the captive environment.
Overture sets up new life reinsurer
Overture Acquisition has applied to set up Overture Re in Bermuda.
BT selects Aon to run captive
Isle of Man operation to manage insurance business
Willis appoints COO for captive business
Pauline Margrett is appointed to new senior executive position.
Marsh acquires International Advisory Services
Broker seals deal for Bermuda based captive management firm