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Aon acquires actuarial software platform
01 March 2022
UK

Aon has acquired actuarial software platform Tyche to expand its existing capabilities to help insurers and reinsurers rethink access to capital and decision-making

DARAG adds new group chief risk officer
28 February 2022
UK

International insurance and reinsurance group DARAG has appointed Andrew Pryde to the new role of group chief risk officer, reporting to group CEO Tom Booth

NCDOI names Lori Gorman as Debbie Walker’s successor
28 February 2022
North Carolina

The North Carolina Department of Insurance (NCDOI) has named Lori Gorman as new deputy commissioner of the captive insurance company division, effective 1 April

Arbol transacts $70 million in gross premium in 2021
25 February 2022
US

Fintech firm Arbol’s blockchain-powered platform transacted US$70 million in gross premium in 2021, compared to $2.2 million in 2020

RiverStone completes RITC transaction with MS Amlin
24 February 2022
UK

RiverStone International has completed an agreement with MS Amlin Underwriting to undertake a split reinsurance-to-close transaction of the latter’s UK property and casualty portfolio of Syndicate 2001 for 2019 and prior years

IA: Hong Kong is an “ideal captive domicile”
23 February 2022
Hong Kong

Policy initiatives in 2021 aimed at promoting Hong Kong as an attractive hub for international trade were centred around the four pillars of captive insurance, insurance-linked securities, marine and specialty risk insurance, and reinsurance

Lockton receives approval to form captives for Cook Islands companies
23 February 2022
Cook Islands

The New Zealand operation of independent insurance brokerage Lockton Companies’ has been approved as a licensed external captive insurance manager to establish captive structures with Cook Islands international companies

Aon is newest ABIR member
22 February 2022
Bermuda

Aon has joined the Association of Bermuda Insurers and Reinsurers, which represents the island’s major property and casualty insurers and reinsurers

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