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Vantage expands healthcare and excess casualty businesses

Vantage Group Holdings has launched healthcare and excess casualty insurance businesses in Bermuda and the US as part of the continued expansion of its insurance platform

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Sompo adds to Bermuda reinsurance team

Sompo International has appointed Neville Weston as head of global distribution and product development for its reinsurance platform

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South African authorities clarify captive definitions and licensing

The Financial Sector Conduct Authority and Prudential Authority of South Africa have released a joint guidance notice concerning the application of sections 5(1) and 5(2) of the Insurance Act

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EIS names incoming COO

Energy Insurance Mutual has appointed Megan Ogden as chief operating officer of its protected cell captive Energy Insurance Services, effective 31 March 2022

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IA: Hong Kong as a global risk management centre

Hong Kong can leverage its position as a captive domicile and reinsurance hub to support the five-year plan to solidify its strategic position as a risk management centre for mainland business, according to the Insurance Authority

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Marsh makes senior risk management hire

Marsh has appointed Duncan Ashurst as risk management leader, based in the firm’s Chicago office

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SRS bolsters European consulting practice

Strategic Risk Solutions has appointed Kathryn Anderson as director of its European consulting practice, effective October 2021

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Ascot launches comprehensive reinsurance platform

Ascot Group has launched its global reinsurance underwriting and ceded risk solutions platform, Ascot Reinsurance

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Aon appoints regional reinsurance leaders

Aon Reinsurance Solutions has announced new regional leadership roles to enhance regional capabilities, reach, trends, and client needs

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Fitch: Latin American reinsurers demonstrate resilience

Latin American reinsurers’ ratings are expected to remain “unchanged” despite experiencing catastrophic losses of approximately US$18.6 billion in 2020, according to Fitch Ratings

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Inpex captive receives positive ratings

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) for Inpex Insurance Ltd (Bermuda)

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Former captive consultant joins climate risk firm

One Concern, an alternative risk firm specialising in climate resilience and hazard science, has appointed Sean Rider as chief revenue officer

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