Since March 2020, Airmic has been issuing Friday Reading, a curated series of readings and knowledge resources sent by email to Airmic members. The objective of Airmic Friday Reading was initially to keep members informed during the Covid-19 pandemic. Today, Airmic Friday Reading has evolved in scope to include content on a wide range of subjects with each email edition following a theme. This page is a searchable archive of all the readings and knowledge resources that have been shared.
Friday Reading Edition 99 (25th March 2022)
Adrien Collovray, Head of Captive Advisory, GB, Europe and International, Willis Towers Watson, discusses the financial, strategic, and operational considerations for selecting a domicile to meet the needs of the parent and the captive in the short, medium, and long term.
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Friday Reading Edition 99 (25th March 2022)
On February 7, 2022, Delaware Governor John Carney signed into law a groundbreaking bill that opens up new directors and officers (D&O) liability insurance options for companies. Senate Bill 203, which passed the legislature unanimously on January 27, 2022, clarifies how companies can use captives for Side A D&O coverage.
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Friday Reading Edition 99 (25th March 2022)
Challenging conditions in the traditional insurance marketplace, notably for cyber coverages, have prompted many buyers to seek to increase the amount of risk they retain with their captives. This article explains how a structured solution can help buyers of cyber coverage to take higher retentions and manage risk volatility within their captives.
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Captive insurance Text
Friday Reading Edition 99 (25th March 2022)
An introduction to what captives are, how they work, how to form one, and illustrated with case studies.
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Friday Reading Edition 99 (25th March 2022)
Guernsey International Insurance Association (GIIA) Chair Mark Elliott and Deputy Chair Adele Gale discuss the jurisdiction's pioneering ESG Framework for Insurers, why the framework was built, how it can be used, and what ESG means for the captive insurers.
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Friday Reading Edition 98 (18th March 2022)
Most, if not all, cyber insurance policies contain a war exclusion of some description. Given the current situation, it is natural that organizations will want to understand how their cyber policy will likely respond in the event of a loss caused by a cyberattack alleged to have been deployed by or on behalf of the Russian state.
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Friday Reading Edition 97 (11th March 2022)
Reputation is about what others see the organisation as, instead of what it is or aspires to become. Enhancing reputational value and safeguarding it requires a concentrated effort across the life-cycle of reputation development.
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Friday Reading Edition 96 (4th March 2022)
Lloyd’s of London could be facing a “sizeable” loss from its $2bn share of the political risk insurance market during the ongoing Russian and Ukraine war. Exposure to eastern Europe is likely to be ‘modest’ but classes such as energy could take a beating.
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Friday Reading Edition 94 (18th February 2022)
On weather modelling, the fundamental importance of data assimilation and quality control, the methodology of multi-model forecasting and achieving the most possible from computing resource. Balkerne speaks to James Burn, Meteorologist with the IBM Weather Company, on the growing importance of weather forecast and observation data to the property insurance industry.
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Friday Reading Edition 93 (11th February 2022)
Jen Clark, Senior Risk Engineer, and Paul Redington, Regional Major Loss Manager, discuss the rising risks associated with floods and how flooding across the UK is changing.
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