News
Arkansas lawmakers considering property captive for state buildings
Arkansas lawmakers have proposed legislation that would create more sustainable property insurance for public schools, state-supported institutions of higher education, and state-owned properties in the state by utilising a captive formed under a state captive insurance programme.
LAUSD begins “premier captive” journey with new lines targeted
Melissa Hollingsworth, deputy chief risk officer at the Los Angeles Unified School District (LAUSD), wants the organisation to develop a “premier captive” in the government entity sector having formed in Vermont last year.
AM Best assigns rating to Sullivan Brothers Family of Companies captive
AM Best has assigned a financial strength rating of B++ (good) and a long-term issuer credit rating of “bbb+” (good) to Texas-domiciled Cadence Indemnity Inc. The outlook for the ratings is stable.
AM Best revises outlook of Fidelity Investments captive
AM Best has revised the outlook to positive from stable and affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of South Carolina-domiciled Fidvest US.
Ryan Specialty promotes Matt Havey to president of Ryan Alternative Risk
Ryan Specialty has promoted Chicago-based Matt Havey to president of its alternative risk underwriting business, Ryan Alternative Risk.
London & Capital, Waverton consolidate under W1M name, surpasses £21bn AuM
London & Capital and Waverton Investment Management will be consolidating their brands under a new name, W1M.
SiriusPoint, Holmes Murphy to offer captives umbrella excess product
Bermuda-headquartered global specialty (re)insurer SiriusPoint has partnered with US-based broker Holmes Murphy and its subsidiary MGA Innovative Program Solutions (IPS) to launch an umbrella excess insurance product tailored to...
Lara Martiner appointed Allianz Global Head of Alternative Risk Transfer
Lara Martiner will succeed Grant Maxwell as Allianz’s global head of alternative risk transfer from 1 April, overseeing structured insurance, captive fronting and parametric products.
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LATEST PODCASTS
GCP Short: Beginning the LAUSD captive journey
Richard is joined by Melissa Hollingsworth, Deputy Chief Risk Officer at the Los Angeles Unified School District, who will explain why LAUSD recently formed a pure captive and how they look to expand it in the coming years.
GCP #120: Dan Towle, Karen Hsi and Apollo’s Matthew Newman
Recorded at CICA 2025, Richard catches up with Karen Hsi of the University of California, CICA President Dan Towle and Apollo's Matthew Newman.
GCP Live @ CICA 2025
Richard hosts the latest live episode of the Global Captive Podcast, recorded in front of a live audience at the closing session of the CICA International Conference in Tucson, Arizona on 11 March, 2025.