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Positive reaction to storm activity could increase ILS appeal to corporates – Paul Schultz

Paul Schultz, CEO of Aon Securities, is confident the insurance-linked securities (ILS) market is prepared to deal with the claims activity arising from the brutal hurricane season in...
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Lottoland forms Gibraltar PCC

Online betting operator Lottoland has established a protected cell company (PCC) in Gibraltar to underwrite its bookmaking risks. Fortuna Insurance PCC Limited is thought to be the first...
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Marubeni captive rated ‘Excellent’

The Micronesia-domiciled captive owned by the Marubeni Corporation has had its financial strength rating of ‘A-‘ (Excellent) affirmed by A.M. Best. Marble Reinsurance Corporation was formed in 2009...
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Captives to play role in Harvey, Irma claims

Corporate-owned captives will be on the hook for claims resulting from hurricanes Harvey and Irma in the United...
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