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IRDAI outlines review of insurance industry growth opportunities
11 April 2022
India

The Insurance Regulatory and Development Authority of India will look to facilitate entry of captive insurers into the jurisdiction’s insurance space to reflect the industry’s mature development

Capterra names Jeff Ellington as SVP
11 April 2022
US

Capterra Risk Solutions has appointed Jeff Ellington as senior vice president, where he will manage the captive insurance manager’s business development team to foster new captive business

Genesis Legacy Solutions provides reinsurance for medical expense reimbursement
08 April 2022
US

Genesis Legacy Solutions has completed a transaction to provide medical expense reimbursement cover to the Washington DC cell of the Mary Free Bed Rehabilitation Hospital

Lords recommend secondary competitiveness objective for FCA and PRA
08 April 2022
UK

The House of Lords Industry and Regulators Committee recommends introducing a competitiveness objective for the FCA and PRA, following an inquiry into commercial insurance and reinsurance regulation

Allianz and Swiss Re place world’s first CatXoL contract on DLT
07 April 2022
Switzerland

Allianz and Swiss Re have placed the world’s first legally-binding catastrophe excess of loss reinsurance contract on distributed ledger technology, enabled by the live production network of DLT solutions provider B3i

PCRIC restructures as a segregated portfolio entity
06 April 2022
Cook Islands

Pacific Catastrophe Risk Insurance Company has restructured as a segregated portfolio entity to provide new and unique risk transfer products following new legislation passed by the Cook Islands government

Roundstone partners with cybersecurity firm for insurance backstop
05 April 2022
US

Captive management firm Roundstone has partnered with Dark Rhino Security to provide a comprehensive cyber insurance programme to deliver a backstop to the latter’s service agreement customer guarantee

SS&C Bermuda adds business development head
05 April 2022
Bermuda

SS&C Technologies Bermuda has appointed Jereme Ramsay as director of business development and client relations

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