Tuesday, May 6, 2025

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Lionel Tanner completes SRS Italy transfer

Tanner first joined Strategic Risk Solutions in 2023 as managing director of its Switzerland office and has also helped to build out its governance, risk and compliance unit.

Hong Kong licences HSBC captive, first multinational in domicile

The Hong Kong Insurance Authority (HKIA) has granted new authorisation to Wayfoong (Asia) Limited.

SRA 831(b) Admin introduces new halo coverage policy for micro captives 

SRA 831(b) Admin has added halo coverage to its list of self-insurance policies for micro-captives, allowing businesses to fill in the exclusions, denied claims, and deductibles of traditional insurance.

Labuan’s captive numbers increase 16% in in 2024 to 71 

Labuan has seen a 16% increase in the number of licensed captives domiciled in the jurisdiction, reaching 71 in 2024, according to the 2024 Labuan International Business and Financial Centre (IBFC) market report.

MAXIS whitepaper highlights increase in cancer diagnoses and claims  

MAXIS Global Benefits Network has released a 2025 whitepaper, which examines the growing impact of rising cancer rates and higher claims costs for multinational employers and insurers.

Jennifer Pack wins RIMS risk manager of the year 

Jennifer Pack, vice president of risk management for Hyatt, will receive the RIMS’ Risk Manager of the Year award at RISKWORLD next week.

IHG considering additional insurable risks for captive portfolio 

InterContinental Hotels Group (IHG) would contemplate writing additional lines of business through its Vermont-domiciled captive if the risk has the credentials to be insurable, according to Marc Bentley, head of global risk finance at the company.

AM Best affirms ConocoPhillips captive rating 

AM Best has affirmed the financial strength rating of ‘A’ (excellent) and the long-term issuer credit rating of “a+” (excellent) of Vermont-domiciled Sooner Insurance Company. The outlook for the ratings is stable.

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LATEST PODCASTSLogo

GCP Short: Managing IHG’s mature captive

Luke hosts a discussion with Marc Bentley, head of global risk finance at IHG Plc, which owns a sophisticated multi-linecaptive in Vermont, and Mat Robinson, senior managing director and captive operations leader at Brown & Brown.

GCP Short: The SBB sustainable insurance programme

Produced in partnership with ⁠AXA XL⁠, we hear about a groundbreaking insurance programme putin place by the Swiss Federal Railways.

GCP Short: Building a RRG for self-defense legal representation

Richard is joined by Marc Victor and Anne Marie Towle to discuss the Risk Retention Group formed by the ⁠Attorneys on Retainer Association⁠.

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