Allianz and Swiss Re have placed the world’s first legally-binding catastrophe excess of loss reinsurance contract on distributed ledger technology, enabled by the live production network of DLT solutions provider B3i
Pacific Catastrophe Risk Insurance Company has restructured as a segregated portfolio entity to provide new and unique risk transfer products following new legislation passed by the Cook Islands government
Captive management firm Roundstone has partnered with Dark Rhino Security to provide a comprehensive cyber insurance programme to deliver a backstop to the latter’s service agreement customer guarantee
SS&C Technologies Bermuda has appointed Jereme Ramsay as director of business development and client relations
Randall & Quilter Investment Holdings is to be acquired by shareholder Brickell PC Insurance Holdings following an agreement on the terms of a recommended cash acquisition, in addition to US$100 million of new equity funding
The pace at which the insurance market is hardening is slowing and demonstrating signs of ‘green shoots’, says a new pulse survey by Airmic
The captive industry saw a 2.5 per cent compound annual decline between 2015 and 2020 in the number of total captives worldwide owing to increased scrutiny and reporting requirements, according to a new whitepaper by SRS
MAXIS Global Benefits Network has enhanced its business development team in the Americas with several promotions focused on improving client service and delivering sustainable growth
Concert Group Holdings has appointed Sam LaDuca as chief actuary, effective 1 April
A bill seeking to clarify the authorisation of licensing and regulating captive insurers to ensure compliance with the National Association of Insurance Commissioners’ accreditation standards has been passed onto the senate of the US Virgin Islands
The Tennessee Department of Commerce and Insurance has appointed Daniel Clements as assistant director of the captive insurance section
Guernsey has the opportunity to make itself a more attractive captive domicile by taking advantage of increased demand in the alternative risk transfer market, says a strategic review of the island’s insurance sector by Cutts-Watson Consulting