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COSCO joins Poseidon Principles for Marine Insurance
26 September 2022
China Reporter Lucy Carter

China-based COSCO SHIPPING’s captive insurance subsidiary has joined the Poseidon Principles for Marine Insurance

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CICA announces case studies for 2023 essay contest
16 September 2022
US Reporter Jenna Lomax

The CICA Essay Contest invites two-person teams of college risk management and insurance students to describe how and why a captive insurance company could be used as a cost-effective means of alternative risk financing for emerging risks

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RYSKEX launches climate change perils working group
14 September 2022
US Reporter Lucy Carter

RYSKEX, which focuses on cyber, climate change, pandemic, and political perils, says the group will cover climate change perils, and provide alternative capital for the captive market, particularly Vermont-based captives

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Global non-life run-off liabilities rose in 2022, according to PwC survey
13 September 2022
US Reporter Jenna Lomax

PwC’s survey was produced in conjunction with Insurance and Reinsurance Legacy Association and Association of Insurance & Reinsurance Run-Off Companies

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Labuan IBFC releases Strategic Roadmap
13 September 2022
Reporter Lucy Carter

The roadmap outlines five main areas that the company wishes to focus on

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AM Best affirms positive Maxseguros credit ratings
12 September 2022
Columbia Reporter Jenna Lomax

The ratings reflect Maxseguros’ balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management

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Davies acquires John Eastern Company
12 September 2022
US Reporter Lucy Carter

Professional services and technology business Davies has acquired third-party administration and independent adjusting firm Johns Eastern Company

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