A report published by the United Nations Office for Disaster Risk Reduction (UNISDR) suggests that economic losses from natural disasters and catastrophe events have been dramatically underestimated.
17/05/2013 more//Mid-year reinsurance renewals could see the participation of alternative reinsurance capital grow to as much as 30%, according to a report by Morgan Stanley.
17/05/2013 more//Global oil and gas giant, BP’s captive Jupiter Insurance Limited (Guernsey) have received the financial strength rating of A (Excellent) and issuer credit rating of “a” from ratings agency A.M Best Europe.
17/05/2013 more//The global insurance market is predicted to show strong growth over the next few years according to Munich Re.
16/05/2013 more//Alistair Groom, chief executive officer of the Standard Club management and an executive director of Charles Taylor plc. has informed the boards of both organisations that he intends to retire in the early part of 2014.
16/05/2013 more//RenaissanceRe’s CEO Neill Currie, who co-founded the reinsurer in 1995, has announced that he will retire as of 1 July 2013.
16/05/2013 more//Captia Insurance Services have appointed Sue Perry as risk manager in its managing general agent (MGA) investment business.
15/05/2013 more//American International Group (AIG) has lured back one of the executives that had defected to Berkshire Hathaway Specialty Insurance (BHSI) by offering a new role.
15/05/2013 more//Sirius International Group, Ltd. have appointed Michael Halsband and Deanne Nixon to lead their new insurance linked securities (ILS) team.
15/05/2013 more//Tokio Millennium Re Ltd. plans to redomesticate its place of incorporation from Bermuda to Switzerland.
14/05/2013 more//American International Group has appointed Anthony Philip as the new president and CEO of American International Company Limited in Bermuda.
14/05/2013 more//Eastern Alliance Insurance Group, a subsidiary of Eastern Insurance Holdings, Inc. and Westfield Insurance have created a multi-line captive program for mid-to large-size employers.
14/05/2013 more//Neil Irwin has been appointed to lead Marsh’s business development across the Middle East and North Africa (MENA) region.
14/05/2013 more//
Captive Insurance Database (CID)is the world's most comprehensive online source of captive market intelligence.
CID gives users instant access to the names of parent companies who currently own a captive. It also provides the names and contact details of captives’ risk managers, as well as the parent or ultimate parent companies’ address, country, CFO, CEO, and exchange.
CID also gives you the captive name, manager, licence and incorporation date and the type of captive the parent company is running.
CID will help you to:
• Win more business proactively – Search from 5,700 captives and over 3,700 captive owners who you can offer your services to.
• Increase profit and efficiency – Target specific captive owners and sponsors quicker, saving you time.
• Build relationships – Access detailed contact information for each decision-maker.
An annual CID licence costs just £1,195 + VAT.
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The licence includes full online access to CID and a free annual hardcopy of CID (worth £610).To find out more contact Nick Byrne on +44 (0) 20 7832 6589 or n.byrne@captivereview.com.
Search A.M. Best's extensive database of life/health, property/casualty and insurance companies worldwide.
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The Captive Prospect Summit is a highly-exclusive, invitation-only, educational and networking event, designed specifically for the business needs of US based companies who are considering their first captive.
If you think you are eligible to attend the Summit, contact Jessica Jones at j.jones@captivereview.com, or call +44 (0) 20 7832 6571.
September 23-24, Sanctuary Resort, Phoenix, USA
The inaugural Multi-Latina Risk Management Summit, co-hosted by Captive Review and its sister publication, LatAm Insurance Review, will take place on 8-9 July 2013 at the fantastic Hilton Cartagena Hotel, Colombia.
The Summit is a highly-exclusive, invitation-only, educational and networking event for the C-level decision-makers and top risk managers from the leading coportations in Latin America's growing economies, specifically, Colombia, Chile, Peru, Uruguay and Panama, also widely known in the industry as 'the Multi-Latina'.
It’s been more than fifty years since Bermuda’s captive journey began and it is now well and truly a key player, with more captives setting up shop on the North Atlantic isle than anywhere else. Even though competition between domiciles is certainly heating up, particularly as the US tries to get a slice of the captive pie, Bermuda remains a heavyweight in the industry.
With employee benefits currently one of the most discussed topics within the captive industry, Marco Giacomelli of Generali Employee Benefits explains the opportunities EB offers and the need for increasingly sophisticated services.
