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Michael Furtschegger takes on new role at AGCS
23 February 2021
Germany

Allianz Global Corporate & Specialty has appointed Michael Furtschegger as global head of entertainment, effective immediately

Paul Lewis named regional director of MAXIS GBN’s new Americas strategic accounts division
23 February 2021
UK

MAXIS Global Benefits Network (MAXIS GBN) has promoted Paul Lewis to regional director, Americas as part of a new strategic accounts division in the Americas region

SRS hires Anna Pereira for newly created ILS role
22 February 2021
Bermuda

Strategic Risk Solutions has appointed Anna Pereira to the newly created position of senior vice-president, insurance-linked securities, effective on 1 March

Compre completes its second Lloyd’s transaction
22 February 2021
UK

Compre has completed its second Lloyd’s transaction, the reinsurance to close of Syndicate 3330’s 2018 year of account into its Lloyd’s Syndicate 1994 along with the purchase of AXA DBIO II’s corporate member

A.M. Best affirms ratings of Principal Financial Group and subsidiaries
22 February 2021
Iowa

A.M. Best has affirmed the financial strength rating of A+ the long-term issuer credit ratings of “aa” of Principal Life Insurance Company and Principal National Life Insurance Company

Lottery and gaming fintech establishes captive
22 February 2021
BVI

DoubleJack, a fintech company with its own lottery and gaming platform powered by DJACK, the Tron-based utility token, aims to establish a captive insurance company for all its providers

RISCS relocates client’s cell and converts to full captive
19 February 2021
UK

A European domiciled cell captive has successfully relocated to a US domicile and converted into a full captive, according to Oliver Schofield of Risk and Insurance Strategy Consultants

Cayman Islands sees largest increase in formations since 2017
19 February 2021
Cayman Islands

The Cayman Islands Monetary Authority has revealed it welcomed 36 new insurance formations in 2020, marking the largest annual increase since 2017

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