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Pinnacle appoints experienced actuary

Christopher Schubert has joined Pinnacle Actuarial Resources as consulting actuary

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Optimum acquisition of Hillswick will ‘enhance’ captive offering

Optimum Financial Group has acquired Hillswick Asset Management in a move that will diversify its asset management activities in the US and enhance its captive insurance offering

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WTW’s David Lewis to join SRS Europe

David Lewis will join Strategic Risk Solutions Europe, effective 1 October

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Aon: 41 percent of captives incubating cyber risk

Some 41 percent of captives owned by Aon clients are incubating cyber risk, according to a report from the professional services firm

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Captives ‘key’ to reputational risk financing

Captive insurers are “key” to the reputational risk financing effort, according to Nir Kossovsky, CEO of Steel City Re

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Ratings of National Grid captive affirmed

National Grid Insurance Company Limited, the captive insurer of the British multinational utilities company NG, has had its financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” by A.M. Best

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HMRC targeting captives in IPT consultation

HM Revenue and Customs, the UK Government department responsible for the collection of taxes, is targeting captive insurance companies as part of its consultation on insurance premium tax

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Airmic and Aon produce guide for independent captive directors and managers

Airmic has collaborated with Aon to produce a guide for independent non-executive directors appointed to the boards of captive insurance companies

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Eurobase appoints new group director insurance

Eurobase international group has appointed Mark Broadhurst as group director insurance and a member of the group board

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Roundstone distributes over $5 million to group medical captive participants

US group captive specialist Roundstone recently distributed more than $5 million to business owners across the US currently enrolled in one of its group medical captives

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Asia Pacific and Carribean leading growth regions over five years, says Marsh

The Carribean and the Asia Pacific region have shown the most robust growth in terms of number of captive insurance companies over the past five years, up 9 percent and 11 percent, respectively, according to a report from Marsh

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Risk management moving to centre stage, says Airmic survey

Risk management is moving from the back office to centre stage and creating opportunities for RMI professionals to reposition themselves as strategic business partners, according to the 2019 Airmic member survey

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