The deal covers Zurich’s French discontinued motor and architects & engineers (A&E) professional indemnity portfolios

Aviva has reached an agreement to acquire Direct Line Insurance Group in a £3.7 billion (US$4.63 billion) cash-and-stock deal

Acrisure has onboarded Martin Reith as executive chairman of its Lloyd’s business with managing general agent (MGA) operations, Volante Global

The newly licensed captives are Magna Insurance Bermuda, Structured Risk Mitigation Solutions and Schwarzchild

DARAG Group has completed the sale of its North American and Bermuda business entities to the RiverStone Group

Augment Risk has appointed Steve McElhiney as partner to lead its newly launched captive and alternative risk transfer solutions offering

The new additions are Meg McIntire as captive account manager, Courtney Doherty as captive account executive, and Tom Hauschild and Pravin Rakhecha as senior captive account managers

Founded in 2005, Salus Group has focused on serving middle-market employers, with a client base focused on Florida, Georgia, and Alabama

Insurance services specialist Davies has appointed Paul Johnson as chief operating officer and Matt Parkinson as chief revenue officer

Kieran Mehigan will continue as IMAC chair and James Trundle as vice chair

The revisions refine earlier proposals and clarify requirements for captive insurers (Class 12) and fully funded insurers (Class 13)

David Hughes has spent more than 25 years in the marine market, and more recently served as head of marine hull and war for the UK and Lloyd’s at AXA XL.