Because there is no single process appropriate for every board and every company, it is the joint responsibility of the board’s risk leader and CEO to involve the overall board in the ongoing processes of strategic planning and risk management, according to the Canadian Institute of Chartered Accountants (CICA).
Because there is no single process appropriate for every board and every company, it is the joint responsibility of the independent board leader and the chief executive officer to involve the board in the ongoing processes of strategic planning and risk management, according to the Canadian Institute of Chartered Accountants’...
The Captive Insurance Companies Association says an article on captives written in The New York Times this week “completely misses the point” and is “impossible to correct.”
The National Risk Retention Association (NRRA) sent a letter to Governor Chris Christie of New Jersey advising him that a bill pending in the state legislature would discriminate against risk retention groups, in direct violation of federal law.
Captive owners identified their biggest concerns as policyholder retention and growth, followed by expanded utilization and collateral, a survey by the Captive Insurance Companies Association has found.
The Captive Insurance Companies Association announced that Michael R. Mead has been named recipient of the CICA 2011 Distinguished Service Award—the highest award in the captive insurance industry.