The Bermuda captive market is likely to see an increased interest in cyber insurance as captives continue to demonstrate their value to companies in managing cyber risk exposure, according to a new report by the Bermuda Monetary Authority
Pacific Catastrophe Risk Insurance Company has restructured as a segregated portfolio entity to provide new and unique risk transfer products following new legislation passed by the Cook Islands government
Captive management firm Roundstone has partnered with Dark Rhino Security to provide a comprehensive cyber insurance programme to deliver a backstop to the latter’s service agreement customer guarantee
Randall & Quilter Investment Holdings is to be acquired by shareholder Brickell PC Insurance Holdings following an agreement on the terms of a recommended cash acquisition, in addition to US$100 million of new equity funding
The pace at which the insurance market is hardening is slowing and demonstrating signs of ‘green shoots’, says a new pulse survey by Airmic
The captive industry saw a 2.5 per cent compound annual decline between 2015 and 2020 in the number of total captives worldwide owing to increased scrutiny and reporting requirements, according to a new whitepaper by SRS
Guernsey has the opportunity to make itself a more attractive captive domicile by taking advantage of increased demand in the alternative risk transfer market, says a strategic review of the island’s insurance sector by Cutts-Watson Consulting
