The Dubai International Financial Centre Academy and Lloyd’s Academy have signed a MoU to collaborate on talent development in the (re)insurance sectors in the region
Hurricanes Milton and Helene were the costliest events for insurers in 2024, each causing US$20 billion in insured losses
Lloyd’s London Bridge risk transformation platform has reached US$1.92 billion of deployed capital by the end of 2024, attracting US$2.55 billion of capital committed
The report notes that 40 new international insurers licenses were issued within 2024, which included one Class D open market reinsurer
The Vermont Captive Insurance Association (VCIA) has launched a rebrand featuring an updated logo, tagline and website, as it celebrates its 40th anniversary this year
Participants were tasked with exploring how captive insurance can serve as a cost-effective alternative for managing emerging and evolving risks
The state licensed 41 new captive insurance companies last year, bringing the total number of licensed captives to 683, of which 654 are active and 29 dormant
