Global commercial insurance rates saw an increase of 13 per cent in the fourth quarter of 2021, indicating a continued trend of moderating rate increases, according to Marsh’s Global Insurance Market Index
International Group Program has launched a centre of expertise for innovative global employee benefits solutions, including reinsurance to captive and global underwriting programmes
BevCap Management has appointed Lindsey LeDuc as vice president of HatterasRe operations, the alternative risk management firm’s healthcare medical stop-loss captive
A.M. Best has affirmed the financial strength rating of ‘A-’ (Excellent) and the long-term issuer credit rating of ‘a-’ (Excellent) of Federated Underwriting Company, the single-parent captive of global financial services firm State Street
Zurich North America has appointed Dawn Hiestand as head of captives, effective 1 February
Specialty Captive Group, part of holding company Specialty Program Group, has acquired the assets of Sedgwick’s alternative risks services division
Stop-loss general agency Stealth Partner Group has launched Stealth Captive Solutions to provide employers with flexible, self-funded health insurance plans
Climate action failure is named as the number one long-term threat to the world, as well as the risk with the potential to cause the most severe impact over the next decade, in the World Economic Forum’s 2022 Global Risks Perception Survey
