The Cayman Islands Insurance Supervision Division licensed 33 new captive insurance companies last year, in comparison to the 39 it licensed in 2016
Alistair Nicoll has been appointed as Aon’s new regional director of captive and insurance management in Singapore
Labuan IBFC has appointed Farah Jaafar-Crossby as its new CEO
A.M. Best has affirmed the financial strength rating of A- (Excellent) and long-term issuer credit rating of “a-” of Evergreen Insurance Company Limited (EICL), domiciled in Bermuda
XL Catlin has hired Shiwei Jin as its global programme and captive regional director in Asia
The Labuan Financial Services Authority (FSA) has appointed Encik Danial Mah bin Abdullah as the new director-general for a three-year term, effective 3 October
A.M. Best affirmed the rating of Marubeni Corporation’s Micronesia-domiciled captive, Marble Reinsurance Corporation, as “A- (Excellent)”
Crawford and Company makes leadership changes in its Asia offices