Cyber
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.
Europe’s 2025 outlook driven by domicile competition, regulatory reform & ESG
2024 was another success for the European captive market, which saw captives continue to blossom, with this trend expected to continue into 2025 and beyond.
Intangic appoints Joshua Cryer to client solutions role
Former risk manager Joshua Cryer has joined US-based technology risk platform Intangic as its director of client solutions.
Captives expanding data and technology utilisation to handle and reduce claims
Captives are enhancing their use of claims technology, often provided by expert claims companies, as a means of reducing the number and cost of claims, as well as increasing the speed of handling.
Demand for property solutions dominates VCIA discussions
The increasing need for alternative solutions to fulfil demand for property cover continued to dominate discussions at this year’s Vermont Captive Insurance Association (VCIA) annual conference in August.
Labuan sees eight new captive formations in 2023
Labuan added eight new captives to its stable in 2023, taking the total number domiciled in the jurisdiction to 69.
Hub International experiences substantial captive growth
Hub International has seen a significant increase in captive utilisation over the past four years, according to John Yaple, head of captive insurance at the company.
Marsh targeting 15-20 Edgware Re members by year-end
Marsh is expecting its new cyber group captive, Edgware Re, to have between 15 and 20 members by the end of the year, according to Ellen Charnley, president of Marsh Captive Solutions.
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LATEST PODCASTS
GCP Short: Investment options for a UK captive domicile
Chris Dalziel shares his views on how the UK could potentially stand out as a domicile option in how it permits capital to be used and allowable investments, and also brings us up to speed on the newly rebranded W1M and its work with captives.
GCP Short: Utah in captive profile
Richard is joined by Travis Wegkamp, Director of Captive Insurance in the State, Jim LeRoy, President of the Utah Captive Insurance Association, Bryan Ridgway, Managing Partner and COO of CIC Services, LLC, and Tom Massey, President of Nelnet Insurance Services, a Utah-domiciled captive.
GCP Short: GreenieRE and providing capacity for renewables
Richard is joined by Amy Antczak, Co-Founder of GreenieRE, and Vermont's Christine Brown to share the case study of a sponsored captive formed to provide additional capacity for renewable energy projects in the United States.