Friday, March 29, 2024

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Peter Johnson

SRS to acquire Garnet Captive Insurance Services

Strategic Risk Solutions has agreed to acquire Philadelphia-based Garnet Captive Insurance Services, a firm that partners with retail brokers to implement group captive solutions for clients.

Lloyd’s “not in a hurry” to form its first captive

Lloyd’s of London will not rush its first Captive Syndicate formation and is keen to find the right candidates, according to CEO John Neal.

Pool Re members back new reinsurance arrangement

Members of Pool Re, Great Britain’s terrorism reinsurance pool, have backed formal proposals from the Pool Re Board to change the current Pool Re scheme.

Domicile Wars: Mauritius positioning itself as reinsurance hub as captives rise

Despite being one of the biggest insurance centres in Africa, Mauritius is keen to enhance its reputation as a global financial hub and continue captive expansion in the domicile.

Everen CEO Bertil Olsson to retire March 2025

Bertil Olsson, the CEO of Bermuda-domiciled energy mutual Everen, is set to retire from his position in March 2025, as the board has declared a dividend of $350m.

US commercial brokers keen on captive education, no longer “pushing back”

American commercial brokers are increasingly looking for captive education to avoid losing clients as more businesses demand information and advice on captive utilisation.

Artex launches new group captive for US transportation industry

Artex Risk Solutions has launched a new group captive to address risks associated with transportation, trucking for hire, convenience store operators and petroleum marketers in the United States. 

Tennessee licences 25 new captives and 66 cells in 2023

The Tennessee Department of Commerce & Insurance (TDCI) licensed 25 new captives and 66 cells in 2023, taking the total number of risk bearing entities, including cells, in the domicile to 719.

Latest Podcasts

GCP #100: Sandy Bigglestone, Heather McClure and Dan Towle

Richard brings the first instalment of interviews recorded at the CICA International Conference featuring Sandy Bigglestone, Heather McClure and Dan Towle.

GCP Live @ CICA 2024

This episode, featuring fun and informal captive chat and trivia, was recorded in front of a live audience at the CICA International Conference on Tuesday, 12 March.

GCP Short: Implementing a new captive investment strategy

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.

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