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The Geneva Association names new chair
15 November 2021
Switzerland

The Geneva Association has appointed Christian Mumenthaler, CEO of Swiss Re, as chairman, succeeding outgoing chairman Charles Brindamour, who will remain on the association’s board

IRS granted concessions in Tax Court captive dispute
12 November 2021
Delaware

The concessions of the Internal Revenue Service in a legal challenge of a captive insurance company have been accepted by a judge in a US Tax Court before trial

A.M. Best affirms ratings of Schlumberger captives
11 November 2021
Bermuda

A.M. Best has affirmed the financial strength rating of “A” (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Castle Harbour Insurance and Harrington Sound Insurance, the captives of Schlumberger

PwC: insurers and reinsurers rate industry risks
10 November 2021
UK

Reinsurers rank climate change as the top risk facing the global insurance industry, according to PwC’s latest survey

Parametric solutions provider Arbol launches underwriting insurance agent
10 November 2021
Bermuda

Insurtech platform for parametric insurance solutions Arbol has launched Arbol Underwriters Ltd, a Bermuda-based registered insurance agent that pairs reinsurance capacity with parametric insurance risks

Genesis Legacy Solutions completes first LPT through Vermont cell
10 November 2021
Vermont

Genesis Legacy Solutions has issued its first loss portfolio transfer agreement through its Vermont cell to an affiliate of Cypress Property and Casualty Insurance Company

Vesttoo appoints insurance-linked programme portfolio manager
10 November 2021
US

Vesttoo has appointed Robert Hauff as portfolio manager for the alternative reinsurance and investment platform’s insurance-linked programme

A.M. Best: European captives remain resilient and adaptive
09 November 2021
The Netherlands

A.M. Best-rated European captives have generally been resilient to the effects of the COVID-19 pandemic and have maintained stable ratings fundamentals throughout 2021, according to the credit rating agency in a new market segment report

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