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Specialty reinsurer completes LPT for syndicate business
04 January 2022
UK

Global specialty reinsurer Canopius Group has completed a loss portfolio transfer agreement with RiverStone International covering discontinued classes of business underwritten by Canopius’ syndicates

Labuan IBFC CEO Farah Jaafar switches to digital asset role
04 January 2022
Labuan

Farah Jaafar has left as CEO of Labuan IBFC Inc after serving in the role for four years

CICA names new board member
23 December 2021
US

The Captive Insurance Companies Association has appointed Prabal Lakhanpal to the board of directors, effective March 2022

Aon Securities bolsters ILS leadership
22 December 2021
New York

Aon has appointed Richard Pennay as head of Aon Securities’ insurance-linked securities team, based in New York

Willis Towers Watson places parametric solution for sovereign debt
21 December 2021
Belize

Willis Towers Watson’s alternative risk transfer division has designed and placed the world’s first parametric insurance transaction to support the Government of Belize’s debt restructuring for marine conservation

Risk Strategies bolsters higher education risk management team
20 December 2021
US

Risk Strategies has appointed Steve Bryant as managing director, higher education risk management leader

A.M. Best: Climate risk provides both opportunities and challenges for reinsurers
17 December 2021
US

Innovation within the insurance industry to address evolving climate risks could see business opportunities for captive insurance, according to a new A.M. Best special report

Concert Group Holdings forms E&S carrier
15 December 2021
Montana

Insurance fronting company Concert Group Holdings has formed Concert Specialty Insurance Company, an excess and surplus lines carrier domiciled in Montana

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