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 253 (18th July 2025)
The aim of this publication is to provide a Guide for directors to the advantages and potential pitfalls associated with the creation and running of captive insurance companies. We examine this issue principally from the perspective of the parent company or partnership board rather than that of the captive board.
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Friday Reading Edition 253 (18th July 2025)
The past four years have seen a revitalisation of captive utilisation. Captives are increasingly mainstream. Governments, rather than looking on them with suspicion, are more likely to embrace the concept and are interested in making it possible for companies to keep them at home.
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Friday Reading Edition 253 (18th July 2025)
These are exciting times for captives. Captives are now a mainstream part of an agile, intelligent and resilient risk financing strategy regardless of insurance market conditions. The use of captives for the incubation of emerging risks, blended catastrophe covers and sustainability projects is directly aligning the use of captives to the strategies of organisations in an increasingly connected, complex and fast-moving world.
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Friday Reading Edition 253 (18th July 2025)
Digital solutions will help captives take a bigger role in helping organisations navigate an uncertain and evolving risk landscape, according to Andreas Ruof, Head of Value Proposition, Zurich Captives, Zurich Commercial Insurance.
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Friday Reading Edition 253 (18th July 2025)
In November 2024, the government launched a consultation on introducing a new framework for captive insurance companies. Responses from representatives of the insurance sector and trade bodies responded positively, expressing support for the high-level proposals outlined in the consultation, noting the importance of simplifying regulations and reducing capital requirements. Moreover, the majority of respondents wanted to go further than the scope proposed – to allow more types of firms to be permitted to set up a captive, and to allow more types of risk to be insured by them.
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Friday Reading Edition 253 (18th July 2025)
This guide has been designed as a resource for individuals currently serving as directors on captive boards or considering an appointment in the future. The guide also contains valuable information for captive managers and captive owners when they are considering new appointments to the board.
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