There is a growing interest in property risk where captives are increasingly being utilised as vehicles to assume greater risk retention, according to Adriana Scherzinger, head of captives at Zurich.
With overnight borrowing rates anticipated to come down this year, captives may be advised to alter their investment strategies and invest in intermediate maturity, high quality fixed-income sectors to maximise returns from a changing fiscal environment.
In this GCP Short, Richard checks in with the HDI Global team to find out how their expansion into the UK and US captive fronting markets is progressing.
Zurich Global Employee Benefits Solutions (ZGEBS) has introduced enhanced digital reports, online customer collaboration platforms and automated data transfer.
Oliver Davies has been appointed chief distribution officer at HDI Global for UK and Ireland, as he continues to build out the industrial insurer’s captive services locally.
MAXIS Global Benefits Network has partnered with Abi Global Health, a virtual care platform that connects patients to a local healthcare professional using artificial intelligence (AI).
The increasing need for alternative solutions to fulfil demand for property cover continued to dominate discussions at this year’s Vermont Captive Insurance Association (VCIA) annual conference in August.
The Vermont Department of Financial Regulation has licenced 31 new captives in the first seven months of the year, compared to 23 for the same period in 2023.
AM Best has upgraded the financial strength rating to A- (excellent) from B++ (good) and the long-term issuer credit rating to “a-” (excellent) from “bbb+” (good) of Switzerland-domiciled Sigurd Rück AG. The outlook for the ratings is stable.
Senior Reporter Luke Harrison brings a series of interviews from the Vermont Captive Insurance Associaton (VCIA) conference that was held in Burlington, Vermont in August.
In this GCP Short, Richard checks in with the HDI Global team to find out how their expansion into the UK and US captive fronting markets is progressing.
Senior Reporter Luke Harrison brings a series of interviews from the Vermont Captive Insurance Associaton (VCIA) conference that was held in Burlington, Vermont in August.
This GCP Short is all about the importance of collaboration between HR and risk and insurance teams when implementing a captive employee benefits programme.