In September 2026, Liberty Mutual Investments appointed Paschal Brooks to the new role of Head of Insurance Solutions and Capital Markets. The appointment took effect on September 21. His team will work with Global Risk Solutions on structures connecting insurance risk with investment capital. The appointment is a statement of intent, not evidence of a completed capital-markets transaction. A more coordinated approach could broaden options for insurers and captives

A denser map of disclosed risks In September 2026, Swiss Re Institute and the London School of Economics reported that the number of connections among risks disclosed by 91 Fortune 100 companies was 24% higher than in 2019. Their joint analysis places artificial intelligence and supply chains among the most important points where different risks meet. This is a measure of connections found in corporate disclosures, not a measured

In September 2026, AM Best reported that its rated US property and casualty mutual composite earned a $14.8 billion underwriting gain in 2025, compared with a $7.2 billion loss in 2024. Net income doubled to $42.6 billion and policyholders’ surplus rose to $468 billion. These are 2025 financial results published on September 24, 2026. Earlier rate increases, revised discounts and higher deductibles contributed, according to AM Best. So did

A dedicated operating entity In September 2026, Sedgwick announced the launch of Carrier and Captive Solutions, a dedicated entity for insurers, captives, risk retention groups and delegated-authority businesses. Its offer combines claims administration, carrier programmes, MGA and MGU support, captive reporting, legacy-claims work and accident-and-health administration. Sedgwick says more than 1,000 professionals support the unit. The launch is an organisational and commercial announcement; it does not establish that client

From silent exposure to affirmative wording Beazley in September 2026 announced it had expanded its cyber and technology errors and omissions proposition with endorsements addressing risks created by a company’s own use of artificial intelligence. The move is important because many policyholders have relied on existing cyber, business interruption or professional liability clauses without knowing whether a loss caused by an AI system would meet the trigger. Affirmative wording

In September 2026, Reuters reported that UK insurers had asked the Bank of England’s Prudential Regulation Authority (PRA) to reconsider the design of its first Dynamic General Insurance Stress Test, or DyGIST, following the live exercise conducted in May 2026. The debate matters beyond the UK market because DyGIST represents a different view of stress testing: one that examines how an organisation responds while a crisis is unfolding, rather

In September 2026, WTW published an analysis by Julie Nye arguing that employee benefits captives can help close coverage gaps created by war and terrorism exclusions. The subject is becoming more pressing for multinational employers. Group life, accident, disability and medical arrangements are normally built through local insured contracts, each shaped by local law, market practice and carrier appetite. War and terrorism provisions can therefore differ materially between countries,

Laurent Nihoul, CEO of the Federation of European Risk Management Associations (FERMA), in March 2026 was appointed vice-president of the International Federation of Risk and Insurance Management Associations (Ifrima). Nihoul, who assumed the FERMA CEO role from Typhaine Beaupérin last year, brings nearly three decades of experience spanning insurance, reinsurance, enterprise risk management, underwriting and risk financing. He succeeds former FERMA president Charlotte Hedemark Hancke in the IFRIMA vice-president

Employee benefits captives have transformed from simple financing mechanisms into strategic platforms that deliver long-term financial value and support broader corporate objectives, according to International SOS Chief Risk Officer Franck Baron. Baron’s company has used its employee benefits (EB) captive to retain underwriting results, smooth volatility, and improve predictability across cycles while expanding into health risk management initiatives. The captive now addresses medical inflation, absenteeism, and long-term disability while

In January 2024, The Pensions Regulator laid its General Code in Parliament, consolidating ten existing codes covering pension governance and administration. The original announcement anticipated commencement on 27 March; the regulator’s later annual report records actual commencement on 28 March 2024. The historical distinction matters. The code brought expectations into a more coherent format, while many underlying standards were already established. For multinational pension sponsors, the practical question is

Luxembourg, January 2024 – Mercer Marsh Benefits has announced the appointment of David Chalaoui as their new Growth Leader for Europe in Global Mobility Solutions. Chalaoui, who commenced his role in January 2024, brings a wealth of experience and expertise in business development and client relations within the European region. Prior to joining Mercer Marsh Benefits, Chalaoui had an extensive career at Swiss Life Global Solutions, where he served

In a landmark move for the Italian insurance sector, energy giant Enel has confirmed the establishment of its first onshore captive insurance company, set to commence operations on January 1, 2024. This strategic decision involves merging Enel Insurance NV, currently based in the Netherlands, into this innovative Italian reinsurance captive. This pivotal step reflects a growing confidence among major Italian corporations in the evolving regulatory landscape, particularly with the

In December 2023, the Guernsey Financial Services Commission issued a notice concerning the failure of GBG Insurance Limited. A separate update for TieCare policyholders said replacement cover was being finalised, rather than confirming completion. These are historical statements about a specific insurer and affected arrangements. For international medical programmes, they underline the need to verify the underwriting entity and the actual continuity position of each policy. Identify who carries

In December 2023, an email from Captive International promoted a medical stop-loss captive white paper. An accessible MSL Captives paper by Phillip Giles and Steven McFarland explains such structures, but the retrieved document is undated and could not be confirmed as the exact edition announced. It provides technical background for examining retained risk, collateral and exit obligations, rather than evidence of a new release or guaranteed employer savings. Establish

Allianz Global Corporate & Specialty SE (AGCS) in July 2022 announced it had merged its captive solutions team into its multinational business. AGCS’s multinational business provides ART (alternative risk transfer), global programs, captive fronting, and reinsurance to large and mid-sized companies as far as P/C coverage is concerned. Guy Money, previously global head of product at AGCS, is the new global head of multinational business. He is based in

Swiss Re in June 2018 published its SONAR Report, which identifies emerging geopolitical risks, the re-emergence of asbestos, especially in high growth markets, and the risks arising from new technologies such as cyber risks, biased algorithms, and the erosion of risk diversification as some of the key risks facing the re/insurance industry as well as society at large. The SONAR report is a publication based on the SONAR process,

The Organisation for Economic Development (OECD) has released a report that provides ‘a series of policy recommendations aimed at enhancing the contribution of the cyber insurance market to managing increasingly prevalent risk’. The report, based on questionnaire responses culled from insurers, reinsurers, and brokers active in the global market, as well as the ministries of finance and insurance regulators responsible for overseeing that market, identifies the growing cyber risk

The RIMS-Certified Risk Management Professional certification (RIMS-CRMP), is now the only certification program in the world to hold accredited status, RIMS announced in December 2017. RIMS-CRMP received official accreditation by the American National Standards Institute (ANSI) under ISO/IEC 1702:2012. ANSI accreditation signifies that the Institute recognizes the competence of RIMS to carry out certification activities in accordance with requirements defined in International Standards and confirms approval by government and

Sun Life Financial and Pareto Captive Services in October 2017 announced a new stop-loss group captive solution, Legend Re, which will be available in the U.S. for policies effective January 1, 2018. The initiative is designed to reduce claims volatility for small and medium self-funded employers or fully-insured employers transitioning to self-funding in order to realize cost savings. Employers in a group captive typically have under 500 employees, are

As existing P/C captives expand to include employee benefits risks, often under the guidance of risk managers, understanding their concerns and challenges may prove useful for client relationship managers more accustomed to dealing with human resources departments. Risk managers face a growing confusion of challenges and new demands according to a Lockton survey of risk management professionals. The survey, presented officially at Lockton’s Complex Risk Symposium in mid-June 2017,

Results of the Deloitte Global Chief Procurement Officer Survey 2017 point to reducing costs in the face of global uncertainty as the biggest priority Chief Procurement Officers (CPOs) face. Eighty-four percent of the CPOs surveyed in North America said that managing risks is the second highest priority, indicating that they are taking a cautious approach at a time when risks include weakness and volatility in emerging markets and rising

Today’s interconnected world and global economy means that increasing numbers of employees are required to travel extensively abroad, often for longer periods, to multiple destinations and often in very unfamiliar environments.

Aon Risk Solutions, in collaboration with the Risk Advisory Group, has identified 2015 as the most lethal year for terrorist violence since they started collecting empirical data in 2007. With the issuance in April 2016 of the new edition of its Terrorism and Political Violence Map, Aon particularly emphasizes the rapid evolution over the past year of terrorism and political violence present “a much broader spectrum of potential impacts”

For many employers the largest liability related to employees after payroll-related cost is employee benefits. Subject to a turbulent and volatile past, now largely over, some management vestiges remain. Employers should examine the management of employee benefits and how tailored it is to their company’s current risk profile and cash flow. Certainly captives require more administration and an empowered internal advocate who can maximize utilization. But for mid-size and

Certainly captives require more administration and an empowered internal advocate who can maximize utilization. But for mid-size and up international companies the benefits can be extensive. With barriers to mobility changing and global salary scales emerging, there is a movement toward common terms, pay, and benefit plans for mobile employees.