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: Building a RRG for self-defense legal representation
Richard is joined by Marc Victor and Anne Marie Towle to discuss the Risk Retention Group formed by the Attorneys on Retainer Association.
GCP #121: RIMS president Kristen Peed, L&C’s perspective on Trump’s tariff impacts
Richard is joined by Kristen Peed, RIMS president for 2025, to discuss what to expect at RISKWORLD in Chiago, and there is an investment update from London & Capital.
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.