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R&Q adds global head of legacy business

Randall and Quilter Investment Holdings has appointed Andrew Pinkes as global CEO of its legacy insurance business, effective 1 October

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S&P: reinsurers underestimate natural catastrophe exposure

Reinsurers may be underestimating their exposure to natural catastrophe risk by as much as 50 per cent, according to S&P Global Ratings

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Fitch: European ESG investments will benefit from EC proposals

The European Commission’s proposal to lower Solvency II capital charges for longer-term business will benefit the European insurance sector’s burgeoning interest in ESG investments, according to Fitch Ratings

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Risk Strategies adds commercial lines leader

Risk Strategies has appointed Jim Schmidt as commercial lines leader for the firm’s operations in the western region

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Cat bond receives first GIIA kitemark for ESG

The Guernsey International Insurance Association has awarded its first ESG accreditation to an insurance entity, Dunant Re

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BILTIR names new board vice chair and member

Bermuda International Long Term Insurers and Reinsurers has appointed Natasha Scotland Courcy as vice chair, while Andrew Sooboodoo has joined the association as board member

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Volante receives approval for syndicate

Multi-class international managing general agent platform Volante Capital Holdings (Bermuda) has obtained ‘in-principle’ approval from Lloyd’s to launch Syndicate 1699 for the 2022 year of account

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Sovos: the challenges facing European captives

The impact of the COVID-19 pandemic is the most significant challenge that European captives have faced in the last decade, according to tax compliance and regulatory reporting firm Sovos

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Commercial insurance brokerage launches captive product

California-based commercial insurance brokerage Steve Muehler Commercial Insurance has expanded its product offering to include captive builders risk insurance

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VIEDA bolsters leadership team

The Virgin Islands Economic Development Authority has appointed Rosa Thomas as assistant CEO

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ARS implements D&O captive arrangement

Alternative Risk Strategies has successfully closed a US$10 million captive insurance arrangement in directors and officers coverage for a large, vertically-integrated cannabis client

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BDA adds new CEO to promote domicile

The Bermuda Business Development Agency has appointed David Hart as CEO, effective 1 October

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