RSS

30th of July 2010

Chartis establishes new practice group

Gavin Bradshaw 01/03/2010

Chartis Insurance UK has announced the establishment of a Captive Practice Group, bringing together its risk management, risk finance, underwriting, legal, accounting, tax and actuarial functions.

“This is a challenging time for captives with a wide variety of issues which need careful consideration,” said Matthew Latham, regional head of Risk Finance, Major Accounts Practice at Chartis, who chairs the new practice group.

“Solvency II is probably at the head of the list, as it is likely to impact the capital requirements for captives – depending on their jurisdiction. With the implementation still some way off, the Practice Group will take a lead in debating the questions that this raises and will discuss with clients some of the potential solutions.”

Latham said the Practice Group will also address issues including the viability of alternative forms of collateralisation and solutions required by captives that want to restructure or sell off their long-tail liabilities.

“Many of these subjects are inter-related and our key objective is to provide our clients with a single point of contact for these, and any other captive-related, issues,” he said.

Tags:

Post a comment

Post a comment

Be the first to comment on this article!

Captive Insurance Database - CID is the most comprehensive web based database of captive insurance information.

CID givess users access to the captive name, parent company, manager, license date and captive type for captive insurance companies worldwide.  Uniquely, the Captive Insurance Database also contains vital contact information for captive owners and sponsors.  A powerful search engine drives the query and save functions which enable you to filter and store results by domicile, by captive manager, by parent company and many more.

Users will also receive regular alerts of all new data added to CID as it evolves.

more//

Cell Company Guide

WELCOME TO THE Captive Review Cell Company Handbook 2009 – the second edition of our global directory of cell company jurisdictions. Since we last published this directory, the general attitude toward cell companies seems to have shifted up a gear. Whereas single-parent companies have long ruled the captive roost, a slight uptick in the formation of pure captives at the beginning of this year can’t hide the fact that growth in this market is still sluggish.

more//

Pellentesque feugiat arcu vitae lacus elementum in ullamcorper diam pulvinar. In odio massa, facilisis sed dignissim vel, vehicula ac diam. Curabitur tempor, quam nec aliquam tempus, dui lorem venenatis arcu

Mauris accumsan orci ut turpis placerat condimentum. Ut sit amet lobortis purus. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos.

CID

Unlimited access to the Captive Review Data Centre

the definitive global captive network at your fingertips £995 p.a. Buy now | Search preview