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Aon: losses from natural disasters cost $93 billion in H1 2021
22 July 2021
Chicago

The total economic losses from natural disasters in the first half of 2021 are estimated to be around $93 billion, marking a 32 per cent decrease from the 10-year average, according to a new report by Aon

HUB International launches cannabis benefits captive
22 July 2021
Chicago

HUB International has launched a new cannabis benefits captive to function as an employee benefits group captive for cannabis organisations

MCI gets green light for Lloyd’s syndicate
21 July 2021
London

Medical and Commercial International has received in-principle approval from Lloyd’s to form Syndicate 1902

BMA names new chairman and CEO roles
21 July 2021
Bermuda

The Bermuda Monetary Authority has appointed Donald Scott as chairman of the board from his previous position of deputy chairman, effective 1 October

Airmic makes fifth board appointment in 2021
21 July 2021
London

Airmic has selected Claire Combes to succeed Tracey Skinner as chair of Airmic, effective 1 September

Zurich Insurance adopts new ESG index
21 July 2021
Switzerland

Zurich Insurance has shifted almost $1 billion of its passive US equity mandates to MSCI’s newly-developed ESG index

Arch Re hires experienced reinsurance executive
21 July 2021
Bermuda

Arch Reinsurance has appointed Vanessa Hardy Pickering as chief financial officer, effective 1 September

IRS granted summons petition in DDOI micro captive investigation
20 July 2021
Delaware

A Delaware magistrate judge has recommended that the IRS’ summons against the Delaware Department of Insurance should be granted

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