Captives Key to Programs Aimed at Closing Protection Gap

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Organizers of insurance programs aimed at covering less-developed portions of Africa, Central America and the Caribbean say forming insurance captives is a key element of their operations.

 

Counsel: Alternative Risk Space Ripe for Captive Innovation

Gavin Woods, counsel for the law firm Appleby, says he expects the alternative risk space to continue its evolution as captive insurers innovate beyond insurance-linked securities and traditional natural cat risk.
 

Extremis' Fuller: Four Jurisdictions May Gain Disaster Risk Financing

Bryan Fuller, managing director, Extremis Global Risk Consulting, said his firm is working with four jurisdictions on a program that would provide financing in the event of major catastrophes.

 

Citadel Risk CEO: Captive Manager Adds Diversity to Portfolio

Tony Weller, CEO, Citadel Risk, says his company's 51% purchase of a captive manager has given the Bermuda reinsurer a positive burst of business diversity that is helping to soften the hit from a softening London market.
 

HSBC Economist: Fed to Raise Policy Rate in September, Twice More in 2017

Ryan Wang, US economist, HSBC Securities, says contracting business investment and disappointing global economic growth may spur the Fed to raise its policy interest rate once this year by 25 basis points and twice more in 2017.
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