The captive industry has seen “phenomenal growth” in the last 18 months during the pandemic, states president Dan Towle at the opening of the CICA Fall Forum this week
The hardening insurance market has caused some companies to write more risk into their captives to compensate for rate increases, as discussed at a FERMA Talks session
The insurance market is failing to meet the requirements of Airmic’s members regarding premium rates, scope of cover and capacity, according to the association’s latest pulse survey
Organisations looking to expand their lines of captive business in response to the hard market must consider the longevity and impact of this decision, warns industry professionals
Risk management association Airmic has released its annual survey during its annual conference, exploring the current risk landscape, specifically focusing on the concerns, priorities and challenges of Airmic’s members
RxPharmacy Assurance has introduced a stop-loss supplement to manage high-cost specialty drug risk, which is now fully available to brokers and their self-funded employer clients across the nation
Greater Bay Re, the first authorised special purpose insurer in Hong Kong, has inaugurally issued insurance-linked securities in the form of a catastrophe bond