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Arch Insurance EU promoted Smith to CEO

Duncan Smith will lead the executive management team of Arch and deliver on the company’s growth plans for continental Europe through its expanding network of branch offices.

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AM Best affirms ‘Excellent’ credit ratings of Stellar Insurance

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) of Stellar Insurance, a single-parent captive of the Saudi Arabian Oil Company

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CICA announces former UFC fighter as keynote speaker for 2025 conference

The Captive Insurance Companies Association (CICA) has revealed that Justin Wren, founder and CEO of Fight For The Forgotten, will deliver the keynote address at its 2025 international conference

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GuideFire debuts as captive advisory firm

Industry veteran Jesse Olsen has launched GuideFire, a captive advisory firm based in Kansas City, Missouri

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Swiss Re: Premium growth in US P&C insurance to decelerate in 2025

The global reinsurer predicts premium growth to reach five per cent in 2025, down from prior expectations, with a further decline to four per cent in 2026

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WTW makes executive appointments in Corporate Risk and Broking segment

WTW has appointed Hugo Wegbrans as head of Corporate Risk and Broking Europe and Simon Delchar as global head of placement

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Lloyd’s CEO Neal to depart for Aon

Lloyd’s CEO John Neal will be leaving in 2025 and will be joining Aon as global CEO of reinsurance and global chairman of climate solutions

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Global captive numbers soar to 8,000 in 2024

The total number of captives worldwide reached an estimated 8,000 in 2024, collectively writing approximately US$50 billion in premiums, according to Captives.Insure

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World Insurance hires former Aon executive Miller as EVP

Bringing nearly 20 years of experience in the insurance industry, Adam Miller joins from Aon, where he was a managing director and senior account executive

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Ryan Specialty enters US$525m Velocity Risk acquisition

The deal, expected to close in early 2025, aims to expand Ryan Specialty's property catastrophe portfolio

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Aon partners with Moody’s to enhance credit risk management

The collaboration combines Aon’s industry expertise with Moody’s digital tools to deliver improved outcomes in insurance broking and risk management

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Augment Risk appoints Solorzano as Associate Partner for LATAM Parametric

Alejandro Solorzano brings over 19 years of experience in reinsurance and parametric insurance with expertise in product development, distribution, marketing, data and analytics

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