Keyword
Captives
Why captives will stick around after a hard market
September 20, 2023 by Alyssa DiSabatinoCanada’s P&C insurance industry is showing signs of market softening in some lines, but captives remain a viable option for commercial clients — particularly in fledgling tech industries such as cryptocurrency. Alternative risk transfer solutions have merit even when hard…
Tips for advising commercial clients during economic downturns
May 9, 2023 Alyssa Di SabatinoInflation and the looming threat of an economic downturn would seem like a one-two punch that would make commercial clients think about ways to skimp on insurance. But it isn’t necessarily so. “Insurance is not a discretionary spend for most companies,”…
How an Alberta election may impact decisions on captive insurance
January 12, 2023 Philip PoradoCompanies looking at the benefits of setting up an Alberta captive insurance company appear to be taking a ‘wait-and-see approach’ with respect to tax treatment. At the moment, the province’s tax authorities have indicated captives will be treated the same…
Why smaller organizations are interested in creating captives
November 16, 2020 by Adam MalikInterest in captives naturally increases as a hard market intensifies, but now even mid-market or smaller organizations are considering captives as an alternate way to transfer risk, panellists of a Canadian Underwriter webinar observed Monday. “Traditionally, when you think of…
Why this is a good time to set up a captive insurance solution
November 13, 2020 by David GambrillShrinking capacity arising from hard market conditions in many commercial lines have created a favourable environment for self-insuring through captives, senior Canadian executives will propose in a live webinar hosted Monday at noon ET by Canadian Underwriter. Scheduled panellists include…
Captive Audience
January 3, 2020 Adam Malik, Managing EditorThanks to emerging industries and threats, captives have once again taken centre stage as a popular form of alternative risk transfer
Regulatory tentacles
November 7, 2018 Ryan Gustafson, Head of Multinational, AIG CanadaRegulators are watching captives carefully. How to avoid getting caught in the grasp of a tax audit
Use of captives for cyber liability programs increases 20% in 2016: Marsh report
June 7, 2017 by Canadian UnderwriterThe number of owners using captives for cyber liability programs – up almost 20% last year – represented the fastest growing non-traditional risk in captives managed by Marsh Captive Solutions, the company notes in a new report this week. Fuelled…