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Arch Insurance strengthens leadership team with three promotions
07 May 2024
US

Arch Insurance has promoted Angie Strack to senior vice president for national accounts, whilst Lisa Lang and Muhammed Kazmi have been appointed as regional leaders.

Acrisure expands presence in UK market with two acquisitions
07 May 2024
UK

Michigan-based fintech firm Acrisure has acquired Financial and Credit Insurance Services (FinCred) and Global Broking Solutions (GBS).

Robertson named senior risk analyst at Liberty Mutual Insurance
07 May 2024
US

Previously, Robertson served as chief financial analyst in the captive insurance division of the South Carolina Department of Insurance.

Delaware Senate passes amended captive regulation
03 May 2024
US

The commissioner will be authorised to impose additional conditions on captives related to capital and surplus to ensure the solvency and efficient operations of captives.

Marsh McLennan launches initiative to enhance supply chain risk management
03 May 2024
US

AI-powered platform Sentrisk with integrated advisory services allows clients to map supply chains and upgrade their operational plans.

Fitch: Bermuda insurer credit profiles supported by regulatory reforms
03 May 2024
Bermuda

Fitch anticipates that while the majority of insurers will remain in Bermuda, some on the margin may prefer other regulatory regimes with less strict capital standards.

AstraZeneca adopts business resilience policy within captive framework
03 May 2024
UK

According to the firm, the policy, supported by three of the world’s largest reinsurers, offers cover against supply chain disruption, reputational damage and product withdrawal.

Pfizer captive receives ‘Excellent’ AM Best rating
03 May 2024
US

As the only captive insurer for Pfizer, Blue Whale provides coverage with ample limits and substantial retentions, augmenting significant reinsurance capacity and supporting its obligations.

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