Kin taking greater control of its reinsurance with Kincession

Direct to consumer homeowners insurtech Kin Insurance appears to have an ambition to take greater control of its reinsurance arrangements, as it has established a Bermuda based captive reinsurance platform and a related holding company named Kincession, Ltd. Kincession, Ltd. and the related Class 3 Bermuda segregated accounts reinsurance company, are read the full article →

Arbol’s Captive+Parametric to help corporations manage climate risk

Arbol, a technology-led company focused on parametric risk transfer and weather insurance markets, has launched an intriguing new solution named Captive+Parametric, which is designed to help corporations better manage climate risk and climate change exposure, with the help of parametric risk transfer to captive structures. Launched in Vermont yesterday, Arbol, which read the full article →

Mars Inc. interested in alternative reinsurance capital & parametrics: de Wolfe

Mars Incorporated, the American company which is one of the largest globally active and multinational manufacturers of food products, confectionery and pet food, has said that alternative capital is attractive to the firm as a potential backer for its captive, whole parametric risk transfer is seen as a "fantastic" risk read the full article →

Artex continues to build out its offering with EWI Re acquisition

Artex Risk Solutions, the captive and alternative risk transfer solutions subsidiary of Arthur J. Gallagher & Co., has continued to build-out the breadth of its offering with the acquisition of another reinsurance related servicer EWI Re, Inc. Dallas-based EWI Re is actually a particularly interesting addition to the Artex Risk Solutions read the full article →

Captives increasingly using ILS to access reinsurance: Marsh

One of the benefits of a captive and something that can make them an attractive proposition for the capital markets, is the fact they offer a ready-made risk pool which is often quite specific in terms of the risks it contains and they can also find access to traditional sources read the full article →

Marsh to match capital to the right risk with Cerulean Re vehicle

Marsh & McLennan Companies (MMC), via GC Securities and Marsh Captive Solutions, recently announced the launch of a new vehicle designed to support the access of capital markets-backed insurance-linked securities (ILS) protection, called Cerulean Re SAC Ltd. According to Marsh, Cerulean Re SAC Ltd., a Bermuda registered segregated account company (SAC) read the full article →

Cerulean Re collateralized reinsurance platform launched by GC & Marsh

GC Securities, the capital markets unit of reinsurance broker Guy Carpenter, and Marsh Captive Solutions have jointly launched Cerulean Re, a collateralized reinsurance platform designed to make it simpler and more efficient for cedents to access collaterlized capacity or issue private catastrophe bonds. Cerulean Re SAC Ltd. is a Bermuda registered read the full article →

Reinsurers lose 20% of market share to alternatives: Conning

A new study from Conning found that reinsurance companies are under pressure from all angles alternative, with the capital markets, captives and government-sponsored entities all taking risk that was once their domain. The study looks at how buying trends have shifted in the soft reinsurance market and discusses the dynamics of read the full article →

Guernsey, a leader in captives and protected cells, targets insurance-linked securities

Guernsey, one of the Channel Islands which sits in the English Channel south of the UK and close to France, is one of the world's leading locations for licensing and domicile of international insurance entities. It has long been home to captive insurers, protected cell companies (PCCs)and incorporated cell companies read the full article →

Smaller firms show growing interest in alternative risk transfer vehicles

Smaller firms are expressing  more interest in retaining their own risk and a growing interest in alternative risk transfer vehicles such as captive structures, special purpose vehicles and risk retention groups, according to broker Marsh's 2012 Captive Benchmarking Report. We don't cover this type of alternative risk transfer on Artemis read the full article →