IMAC, the nonprofit organisation that represents the Cayman Islands’ captive and alternative risk management insurance industry, has reinvented its worldwide brand identity
Insurance brokerage Hylant has launched a group captive insurance company, Haven Re, which will provide a cost-saving option for middle-market businesses
Artex has launched a protected cell company in Malta to offer UK brokers a contingency plan in the event of a hard-Brexit
Marsh & McLennan Companies has agreed to acquire Jardine Lloyd Thompson Group in a deal worth $5.6 billion
Aon has launched a Capital Advisory unit within Reinsurance Solutions to provide a holistic approach to capital optimisation for reinsurers, Lloyd’s syndicates and captives
Legal & General has completed a £4.4 billion buy-in to British Airways’ pension scheme, Airways Pension Scheme (APS), the largest pensioner bulk annuity policy transaction ever in the UK
International law firm Walkers has appointed Kate Storey as partner in its Guernsey practice
Insurance Europe has advised the Organisation for Economic Co-operation and Development (OECD) to apply existing guidance to captive insurance, rather than introducing special guidance