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)
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.
Categories:
Keywords:
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.
Categories:
Keywords:
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.
Categories:
Keywords:
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.
Categories:
Keywords:
Friday Reading Edition 98 (18th March 2022)
Updated 17 March 2022: The UK and EU keep up the pace of sanctions against Russia amid sustained Ukraine conflict.
Categories:
Keywords:
Friday Reading Edition 98 (18th March 2022)
Russia and Ukraine rank 11th and 55th respectively in terms of their national economies but, for the global supply of critical resources such as energy, food, and minerals, these two countries together are far bigger hitters – and both the threat and reality of resource flows from them being reduced have already driven up global prices.
Categories:
Keywords:
Friday Reading Edition 98 (18th March 2022)
The entire global economy will feel the effects of slower growth and faster inflation. Impacts will flow through three main channels – higher prices for commodities like food and energy will push up inflation further; neighboring economies in particular will grapple with disrupted trade, supply chains, and remittances as well as an historic surge in refugee flows; reduced business confidence and higher investor uncertainty will weigh on asset prices.
Categories:
Keywords:
Friday Reading Edition 98 (18th March 2022)
Russia’s invasion of Ukraine is having ripple effects around the world. In times of turmoil, employers need to address the impact that events can have on their workers, even those far from the center of conflict.
Categories:
Keywords:
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.
Categories:
Keywords:
Friday Reading Edition 98 (18th March 2022)
On wiper malware and other malware, which are hitting Ukraine – This guidance helps private and public sector organisations deal with the effects of malware (which includes ransomware). It provides actions to help organisations prevent a malware infection, and also steps to take if you're already infected.
Categories:
Keywords: