The Legislative Assembly of Alberta has passed a reading of Bill 16, also known as the Insurance Amendment Act, to include clarifications around the redomestication of captive insurance companies to and from the province

The Risk Management Society has named Gary LaBranche as its new CEO, effective 1 June

RH CPAs has made six new hires across the accounting, tax and advisory firm’s Lexington and Karachi offices

The majority of insurers and reinsurers in EMEA demonstrated stability and resilience in 2021 despite a challenging economic environment, according to a new benchmarking report by A.M. Best

Swiss Re has closed a multi-year stop-loss transaction with J.P. Morgan and other institutional investors to cover underwriting risks across the entire Swiss Re Group, in an innovative combination of bank financing and insurance-linked securities

The longer-term dynamics of captive use for errors and omissions and cyber coverage are yet to emerge as cyber remains in the incubation phase, according to a market review by Aon

True Captive Insurance, a medical stop-loss captive for employer groups, has selected Gradient AI’s SAIL solution to help reduce group healthcare insurance costs

The Bermuda captive market is likely to see an increased interest in cyber insurance as captives continue to demonstrate their value to companies in managing cyber risk exposure, according to a new report by the Bermuda Monetary Authority

Marsh France has appointed Laurent Bonnet as head of captives and alternative risk transfer solutions

The Insurance Regulatory and Development Authority of India will look to facilitate entry of captive insurers into the jurisdiction’s insurance space to reflect the industry’s mature development

Capterra Risk Solutions has appointed Jeff Ellington as senior vice president, where he will manage the captive insurance manager’s business development team to foster new captive business

Genesis Legacy Solutions has completed a transaction to provide medical expense reimbursement cover to the Washington DC cell of the Mary Free Bed Rehabilitation Hospital