News
NASW captive’s ratings remain under review by AM Best
NASW Insurance Company’s (NASWIC) AM Best financial strength rating of ‘A-’ (excellent) and the long-term issuer credit rating of “a-” (excellent) rating remains under review with negative implications remains.
AM Best affirms rating of EPM captive
Maxseguros is a single parent captive owned by Colombian power generation and multi-utility company, Empresas Públicas de Medellín E.S.P. (EPM).
Captives have unique role to play in ESG transformation – FERMA
While not their primary role, the study found that captives can be utilised in many ways to embed ESG initiatives into insurance and risk financing strategies.
Aon, HDI launch property group captive PERIL
Property Engineered Risk Insurance Limited (PERIL) has received a conditional licence from the Cayman Island Monetary Authority (CIMA) and will begin underwriting from 1 November.
Cayman ecosystem and reputation key to continued success
Since the Cayman Islands first introduced captive legislation in 1979, the domicile’s pragmatic regulator and business-friendly ecosystem have helped the jurisdiction build a strong reputation as a premier domicile.
Aberdeen Investments launches Strategic Insurance Group
Aberdeen Investments has formed a Strategic Insurance Group, focused exclusively on serving insurers around the world, including captives.
Jeometri “proud” of Guernsey non-admitted insurer business
Guernsey-based Jeometri Insurance Managers is proud of the recent non-admitted insurers it has assisted in established in the domicile to write business such as dental and travel coverage.
Searchlight Cyber acquires Intangic
Searchlight Cyber has acquired Intangic, the cyber risk management firm known for its data-driven modelling and financial quantification of cyber risk.
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LATEST PODCASTS
GCP Short: Cayman’s captive evolution
Luke is joined by Gareth van den Bergh and Michael Wild, of Artex Risk Solutions, Kevin Poole, of IMAC, and captive owner Greg Echols, co-CEO of Gardant Management Solutions to discuss Cayman's position as a premier captive domicile.
GCP Short: Establishing a Guernsey non-admitted insurer
Darren Wadley and Aaron Slattery, of Jeometri Insurance Managers, discuss the recent formation of a non-admitted insurer in Guernsey, reinsurance protection and the prospects of a UK captive regime.
GCP Short: Utilising a Captive to Grow your Core Business
In this GCP Short we explore the different ways a captive insurance company can support the business operations and growth of its parent group.