News
Verve Risk’s Micro-Captive Defender product to initially offer $250,000 limit
London-based Verve Risk Services new ‘Micro-Captive Defender’ product will initially provide a $250,000 limit to 831(b) captives embroiled in legal disputes with the Internal Revenue Service (IRS) in the United States.
Artex launches alternative risk management services in Abu Dhabi
Gallagher, through its Artex subsidiary, has launched an alternative risk management solution in the Abu Dhabi Global Market.
Macquarie launches rent-a-captive solution for property and casualty risk
Macquarie Insurance Facility has launched a rent-a-captive insurance solution for property and casualty related risks.
Safran gets approval to re-domesticate captive from Luxembourg to France
French multinational aerospace and defence corporation, Safran has received approval to re-domesticate its Luxembourg captive to France to form Soreval France.
MIJS Captive Management partners with I–RE
MIJS Captive Management has partnered with commercial property and casualty (P&C) underwriters, I–RE, to enable MIJS’s “high performing” mid-market clients to take on some of their own risk in a standalone captive.
AM Best affirms rating of Marubeni captive
AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of Micronesia-domiciled Marble Reinsurance Corporation (Marble Re). The outlook of these credit ratings is stable.
Melissa Hollingsworth joins LAUSD as deputy CRO
Melissa Hollingsworth has been appointed deputy chief risk officer at Los Angeles Unified School District (LAUSD).
The captive role in mitigating rising cancer claims
Extensive claims data is signalling increasing instances of cancer diagnosis and a rising cost per claim, while captive strategies give employers more options to intervene and respond.
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LATEST PODCASTS
GCP Short: Hawaii’s captive owner experience
Richard hosts an exclusive Hawaii captive owner roundtable, featuring HCIC board members David Beyer, Elaine Ziemba and Matt Reece.
GCP Short: Analysing cancer claims data to inform programme design
In this GCP Short, Richard is joined by Nicola Fordham and Dr Leena Johns, of MAXIS GBN, to discuss how data on rising cancer claims can inform programme design, treatment choice and preventative measures.
GCP #113: The Asian Captive Market and ACC 2024
Luke shares a report from his recent visit to Singapore and Kuala Lumpur, where he attended the Asia Captive Conference 2024.