Search results: PSI
Becoming a signatory of the United Nations’ Principles for Sustainable Insurance (PSI) should only be the start of the captive journey in contributing to the group’s ESG objectives, according to Franck Baron, group deputy director of risk management and insurance at International SOS.
Aon’s Ciaran Healy is confident more captives will sign up to the United Nations’ Principles for Sustainable Insurance (PSI) with Enel Insurance a “proof of concept” that others should be able to follow.
Antonio Nervini, Head of Insurance in the Netherlands at Enel Insurance N.V., is hoping that other captives follow the Italian multinational's lead in signing up to the United Nations’ Principles for Sustainable Insurance (PSI).
Italy has licensed its first reinsurance captive for Enel S.p.A., and Captive Intelligence understands further re-domestications are expected to follow.
Captives could be key to taking parametric insurance more mainstream with large corporates by playing a “crucial role” in absorbing the basis risk of the policy and providing direct indemnification the insured parent, according to Thomas Keist and Jan Bachmann at Swiss Re Corporate Solutions.
Parametric products are the “perfect fit” for a captive due to their direct access to internal company data, while the policy’s automatic pay-out function also lends well to captive utilisation.
Richard brings listeners three more interviews conducted at RISKWORLD 2023. Brian McNamara at AGCS, IFRIMA president Franck Baron and Pierrick Livet, at KPMG Bermuda.
Richard is joined by Shadrack Kwasa, executive director at London & Capital, and Adele Gale, Deputy Managing Director of Robus Group in Guernsey, to discuss onboarding and implementing a new investment strategy for your captive.
Richard brings news of the latest chapter in Butler University's student run captive insurance company as it completes its domicile move from Bermuda to Vermont.
Richard is joined by Chris Lay, William-Thomas Ferrand and Matthew Latham to discuss Marsh's position on a potential UK captive regime and what factors can make it successful.