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Insurance
There are a number of actions captive owners can take to expand and add more risk to their captives in order to make it a bigger and better tool – and there are every more sophisticated methods of figuring out the costs of any particular risk the owner is worried about. 9 August 2017
Insurance
At just over $15 billion, 2017 was the largest first half for insured losses since 2011, which had $24 billion in insured losses, according to the PCS H1 2017 Catastrophe Review. 9 August 2017
Insurance
The increasingly complex needs of companies is driving demand for customised captive insurance solutions, according to Steve Bauman, global head of captive programmes at XL Catlin. 9 August 2017
News
A captive can play a big role in reimbursing an organisation for any damage to its reputation, and this form of risk transfer should be viewed as an efficient way of funding the reputational risk of companies long term. 9 August 2017
News
Bermuda-based Third Point Reinsurance has announced top leadership changes within the company in an Aug 8 United States Securities and Exchange Commission (SEC) filing. 9 August 2017
Insurance
Travel insurance provider Generali Global Assistance, part of the global Generali Group, has hired Tarik Ajami as general counsel and chief compliance officer of all Generali business lines in North America. 9 August 2017
Insurance
Maiden Holdings made a loss in the second quarter of 2017 on the back of the emergence of adverse loss development in both its key operating segments. As the reinsurer’s combined ratio soared, the company’s CEO moved to stress he believed the company had addressed the issue. 9 August 2017
Insurance
Brokerage and risk management firm Integro Insurance Brokers has hired Carol Roberts to lead its global super yacht specialty offering, based in New York. 9 August 2017
Insurance
Increasing premium limits, reporting requirements, ownership restrictions, and increased scrutiny from the Internal Revenue Service (IRS) has made prospective captive owners more cautious about forming 831(b) captives. 8 August 2017
Insurance
Against a backdrop of rising medical costs and uncertainty surrounding the future of US healthcare, more proactive business owners are looking at more competitively priced solutions such as medical group captives. 8 August 2017
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