Insurance industry leaders weighed in on issues such as taxes, the global insurance market, the role of government and other issues during a webcast from the World Insurance Forum in Bermuda.
For the second straight year, captive owners said securing collateral from banks to satisfy their fronting companies is their top concern, a survey by the Captive Insurance Companies Association has revealed.
For the second straight year, captive owners said securing collateral from banks to satisfy their fronting companies is their top concern, a survey by the Captive Insurance Companies Association has revealed.
While confidence appears to be returning to the captive sector, spurring growth in domiciles across the board, there are regulatory issues making 2010 a year to watch.
Despite the ongoing soft commercial insurance market and slow climb out from the recession, domiciles report their captive formations are back up to 2007 levels.
The captive insurance market in Missouri has seen explosive growth in the past year, with annual premium for captives reaching more than $1 billion for 2009--up from $123 million in 2008, according to the Department of Insurance.
Strategic Risk Solutions (SRS) said it is expanding into Hawaii with the hiring of Judy Nako, former acting deputy commissioner and captive insurance administrator for the state.
Wow, an outer space conference.I’ve gotten a few e-mails lately about a meeting coming up in Dubai called World Space Conference 2010, which sounds, well, cool. ...
New York State officials' action to let big insurance brokerages resume taking contingent commissions, and to ease a rule for reporting such fees is a big blow to insurance buyers, said a trade group representative.