Ocorian has appointed Michelle Merola as business development director, where she will be responsible for accelerating the growth and delivery of the financial services group’s employee incentive services
The gross written premium of European captives surveyed by reinsurer SCOR in its latest report increased by 4.8 per cent between 2019 and 2020, compared to 3.2 per cent the previous year
A.M. Best has affirmed the financial strength rating of “A-” (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Sigurd Rück (Switzerland), revising the outlook of the captive reinsurer from stable to negative
Captives will need to prepare for “drastic changes” in their reporting to ensure compliance with the upcoming requirements of IFRS 17, according to Marsh
The Geneva Association has appointed Christian Mumenthaler, CEO of Swiss Re, as chairman, succeeding outgoing chairman Charles Brindamour, who will remain on the association’s board
Reinsurers rank climate change as the top risk facing the global insurance industry, according to PwC’s latest survey
Acrisure Re, the reinsurance division of global insurance broker and fintech platform Acrisure, has appointed Ian Wicks as executive vice president and Simon Arnott as senior vice president, effective immediately
Captive insurance and reinsurance management companies are specifically excluded from new guidance by the Central Bank of Ireland on the use of service companies for staffing purposes in the insurance sector
