Canadian Underwriter

Keyword
captive

Risk management concept
News Insurance

Captives can provide solutions for capacity limitations

January 20, 2022 Mike Lister

Emergence of new risks alongside capacity restrictions across industry sectors makes it more important than ever for risk managers to strike the right balance between risk retention and risk transfer. Often, this leads to increased interest in alternative risk solutions

News Insurance

How Alberta’s new captives act will benefit oil and gas companies

January 12, 2022 Philip Porado

Alberta could become Canada’s answer to Barbados, with the passage of a new law allowing captive insurance companies in the province. Bill 76, which received royal assent, will make Alberta the second Canadian province where captive insurance companies can domicile.

News InsuranceMarkets / Coverages

Captive insurance programs target commercial auto in Canada

February 15, 2019 by Jason Contant

eCaptiv, which provides alternative and captive insurance solutions in Canada and the United States, will be forming two group captives through an exclusive group of independent insurance brokers to “combat commercial auto trends in Canada.” The programs are in the

News AnnouncementsClaimsInsuranceTechnology

Allianz trials blockchain prototype for the captive insurance market

November 7, 2017 by Canadian Underwriter

International insurance transactions can be significantly accelerated and simplified, suggests a trial by Allianz Global Corporate & Specialty (AGCS) involving the successful implementation of a blockchain prototype for the captive insurance market. “We are currently seeing many blockchain applications in

Feature Mergers and AqcuisitionsTechnology

Captive Audience

March 1, 2017 Greg Meckbach, Associate Editor

There is an increased interest in using captives to cover cyber risk. With cyber risk changing so rapidly, contributing to making the risk difficult to underwrite, some industry experts expect that interest to grow.

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Aon announces alternative cyber risk transfer approach

January 24, 2017 by Canadian Underwriter

Aon Global Risk Consulting announced on Tuesday its Cyber Captive Program, which guides companies through a series of steps to help identify, assess and quantify their cyber exposures – “ultimately making more informed decisions around risk retention in a captive

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Business interruption due to breach top cyber risk concern for captive insurers: Aon

April 11, 2016 by Canadian Underwriter

The costs of business interruption due to a breach is the top cyber risk concern for businesses across all industries, according to Aon Global Risk Consulting’s (AGRC) 2016 Captive Cyber Survey report, released on Monday. As Aon’s first cyber captive