Organisations looking to expand their lines of captive business in response to the hard market must consider the longevity and impact of this decision, warns industry professionals

Offshore firm Appleby has appointed Tiffany Boys and Matthew Carr as partners, to be based at the firm’s Bermuda office

Risk management association Airmic has released its annual survey during its annual conference, exploring the current risk landscape, specifically focusing on the concerns, priorities and challenges of Airmic’s members

RxPharmacy Assurance has introduced a stop-loss supplement to manage high-cost specialty drug risk, which is now fully available to brokers and their self-funded employer clients across the nation

Greater Bay Re, the first authorised special purpose insurer in Hong Kong, has inaugurally issued insurance-linked securities in the form of a catastrophe bond

Strategic Risk Solutions has appointed Richard Paris-Smith as European client service leader, effective 1 January 2022

2020 marked “a year of historic growth for captives”, according to Marsh Captive Solutions’ annual Captive Landscape Report

Richard Smith has served as the president of the association since 2009 and is set to complete his tenure with VCIA to create space for new leadership

James River Group Holdings has entered two principal operating subsidiaries into a loss portfolio transfer reinsurance transaction with Aleka Insurance, a wholly-owned captive insurer of Uber Technologies

A federal judge has issued a ruling temporarily forbidding the Internal Revenue Service from enforcing Notice 2016-66 against CIC Services, pending final resolution of the case

BMS Re has launched operations in Brazil under BMS Brasil Corretora de Resseguros

Beazley has appointed Bob Quane as chief underwriting officer, effective 11 October