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AM Best affirms rating for KW Specialty
13 April 2023
Reporter Frances Jones

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit of “a-” (Excellent) of KW Specialty Insurance

Arch Insurance acquires Thimble
13 April 2023
Reporter Frances Jones

Arch Insurance has acquired insurtech platform Thimble to expand its suite of digital solutions for small business insurance

Corvus and Core Specialty collaborate to launch new E&O product
13 April 2023
Reporter Frances Jones

Corvus Insurance has launched a new programme with Core Specialty to support the expansion of its E&O and cyber product

CAC Specialty launches new healthcare division headed by J. Kevin Carnell
12 April 2023
Reporter Frances Jones

CAC Specialty has formally launched its healthcare division and appointed J. Kevin Carnell as its executive chairman

U.S. Treasury and IRS propose regulations to identify micro-captives as abusive tax transactions
12 April 2023
Reporter Frances Jones

The U.S. Treasury Department and IRS have issued proposed regulations to identify certain micro-captive transactions as "listed transactions" and "transactions of interest"

Mark Tolotos leaves Skyward for Ascot
12 April 2023
Reporter Frances Jones

Ascot has appointed Mark Totolos (pictured) to its newly created role of senior vice president, captive solutions, US

Canopius partners with FIG for inland marine coverage
11 April 2023
Reporter Frances Jones

Specialty reinsurer Canopius Group has partnered with FIG to offer inland marine coverage in the US

Kin secures $100m catastrophe bond with Hestia Re
11 April 2023
Reporter Frances Jones

Kin Insurance’s reciprocal carrier The Kin Interinsurance Network has secured a second US $100 million multi-year private placement catastrophe bond with special purpose insurer Hestia Re

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