Independent insurance and reinsurance company manager Strategic Risk Solutions has acquired UK-based firm Allenby Consulting Ltd

AXA is set to transform its holding company AXA S.A. into the group’s internal reinsurer following a merger with its current captive internal reinsurer, AXA Global Re

Aon has acquired actuarial software platform Tyche to expand its existing capabilities to help insurers and reinsurers rethink access to capital and decision-making

International insurance and reinsurance group DARAG has appointed Andrew Pryde to the new role of group chief risk officer, reporting to group CEO Tom Booth

The North Carolina Department of Insurance (NCDOI) has named Lori Gorman as new deputy commissioner of the captive insurance company division, effective 1 April

Fintech firm Arbol’s blockchain-powered platform transacted US$70 million in gross premium in 2021, compared to $2.2 million in 2020

RiverStone International has completed an agreement with MS Amlin Underwriting to undertake a split reinsurance-to-close transaction of the latter’s UK property and casualty portfolio of Syndicate 2001 for 2019 and prior years

Policy initiatives in 2021 aimed at promoting Hong Kong as an attractive hub for international trade were centred around the four pillars of captive insurance, insurance-linked securities, marine and specialty risk insurance, and reinsurance

The New Zealand operation of independent insurance brokerage Lockton Companies’ has been approved as a licensed external captive insurance manager to establish captive structures with Cook Islands international companies

Aon has joined the Association of Bermuda Insurers and Reinsurers, which represents the island’s major property and casualty insurers and reinsurers

WTW has appointed Lawrence Bird as director of captive and insurance management operations for Asia Pacific

The US Department of the Treasury has submitted a proposal to the Office of Management and Budget for a data and information collection from property and casualty insurers regarding the Terrorism Risk Insurance Program