Ian Podmore has joined KeyState as vice president, captive solutions, bringing more than 40 years of experience across insurance, captive consulting, underwriting and compliance.   Podmore was notably director of captive consulting at Hylant, and most recently had a short stint...

This GCP Short, produced in partnership with Marsh Health and Benefits, is all about the use of cells to structure captive employee benefits programmes.

The ratings reflect TCA’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).

Malta-domiciled Norfolk Re Europe Cell is a cell of the WTW-owned Lime Street PCC structure and was licensed on 2 July.

The expanded captive offering will be led by Jordan Mosher as head of captive insurance banking, with Joe McDonald supporting the continued development and delivery of the bank’s captive solutions.

For captive owners, structured risk solutions (SRS) can provide greater certainty by moving away from annual renewals and towards a multi-year approach, according to AXA XL’s Joe Filby and James Donald, of Lockton who discussed the subject on a recent episode of the Global Captive Podcast. 

Sigurd is a captive reinsurer of Italian oil company Saipem and a key element of the Saipem group’s risk management framework.

Catastrophe bonds can provide corporates with an alternative source of capacity for catastrophe risks, with captives serving as the vehicle to transform those risks into the capital markets.