The commissioner will be authorised to impose additional conditions on captives related to capital and surplus to ensure the solvency and efficient operations of captives.
AI-powered platform Sentrisk with integrated advisory services allows clients to map supply chains and upgrade their operational plans.
Fitch anticipates that while the majority of insurers will remain in Bermuda, some on the margin may prefer other regulatory regimes with less strict capital standards.
According to the firm, the policy, supported by three of the world’s largest reinsurers, offers cover against supply chain disruption, reputational damage and product withdrawal.
As the only captive insurer for Pfizer, Blue Whale provides coverage with ample limits and substantial retentions, augmenting significant reinsurance capacity and supporting its obligations.
CirrusMD’s physician-led care and guidance model connects users to a doctor in “less than 60 seconds, 24/7” in response to “the scarcity of physicians in the US”, as stated by the firm.
The first phase of the firm’s rebranding efforts includes the launch of the new website www.baldwin.com and other relevant content and marketing assets.
Ryan Martin, captive supervising financial analyst, South Carolina Department of Insurance speaks with Captive Insurance Times about his journey into the industry
Marsh’s Ellen Charnley speaks to CIT about ReadyCell, the company’s AI-powered risk financing solution
Milliman’s Tara Miller speaks to Frances Jones about her experiences and influences in the industry
Alyssa Preidt of Capterra Risk Solutions speaks to Frances Jones about her experiences and influences in the industry
Industry experts discuss 2023’s captive market performance, trends and developments and share predictions for the coming year
The insurance industry has been considered a ‘laggard’ to financial services in adopting new technologies such as the cloud. However, for generative AI, insurers have been quick to recognise opportunities. But what will this mean for workers and captive markets?
The benefits of diversity in the workplace are widely known, although achieving it is not a ‘quick-fix’ solution. While centuries of systemic gender and racial biases remain deeply entrenched in society, an all-female panel of industry leaders at the World Captive Forum discusses challenges to leadership and diversity strategies for companies
Dana Munnings-Gray, acting superintendent of insurance, outlines the benefits of The Bahamas as a captive domicile
Datuk Iskandar Mohd Nuli summarises how Labuan IBFC provides a complete captive-centric ecosystem that caters to the lifecycle of a self-insurance company
Strategic Risk Solutions observes further domestic options for Canadian captives, while examining the markets of onshore domiciles, Alberta and British Columbia, and offshore in Barbados
MOCIA’s revitalised board discuss their aims for captive insurance in the region in 2024