Despite its challenges, there is the potential for captives to write parametric solutions directly to insureds, according to Luc Schwartzbrod, head of risk finance & actuarial analytics, Aon Global Risk Consulting France.
Volkswagen is set to re-domesticate its Dublin-domiciled captive to Germany at the start of 2027, according to Tibor Boettcher, executive director and CEO of Volkswagen Insurance Company DAC (VICO).
MAXIS Global Benefits Network (MAXIS GBN) has added Care Plus, one of the largest premium healthcare providers in Brazil, to its benefits network.
Care Plus will offer medical coverage to MAXIS GBN’s captive clients across Brazil.
The Brazilian company will provide...
AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of Ireland-domiciled Greenval Insurance Designated Activity Company. The outlook of these credit ratings is stable.
Louisiana has enacted HB 635 also known as the Creating Holistic Options in Coverage for Enterprise and Self-Insurance (CHOICES) law to enhance its regulatory framework for domestic captives by creating a more favourable regulatory environment.