News

Headquartered in New York, the firm offers tailored solutions in tax insurance, representations and warranties insurance, ...
Cloete brings more than 30 years of leadership experience to the role, including expertise across insurance, healthcare and ...
AM Best has affirmed the financial strength rating of ‘A-’ (Excellent) and the long-term issuer credit rating of ‘a-’ ...
The Federation of European Risk Management Associations (FERMA) has appointed Philippe Cotelle as its next president. Cotelle ...
Aon has launched a new proprietary platform, Aon Broker Copilot, to modernise commercial insurance placement using AI, large ...
Meta Platforms has submitted a request to the US Department of Labor (DoL) for an Employee Retirement Income Security Act (ERISA) exemption to allow its captive insurer to reinsure certain employee ...
Global Captive Management (GCM) has launched Outcomes SPC, a segregated portfolio company aimed at lowering barriers to entry for businesses considering captive insurance. The new structure is ...
Global specialty (re)insurer SiriusPoint has appointed Philip Enan as chief strategy and corporate development officer. Based in New York, Enan will join the executive leadership team and report ...
AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a’ (Excellent) for Bermuda-based reinsurer Lumen Re. The outlook for both ratings ...
Zurich Insurance has promoted Anna Kochan-Sonawane to the role of senior captive underwriter. She joined Zurich in November ...
Lloyd’s has named Alexandra Cliff as its next Chief Financial Officer (CFO), with her appointment set to take effect on 1 May. Cliff, who joined Lloyd’s as deputy CFO in November 2022, is currently a ...
The law reduces minimum capital requirements for captives, including a cut from US$500,000 to US$250,000 for pure captives, ...