Insurance broker and risk advisory firm Marsh has launched a D&O liability insurance initiative to recognise US-based clients with robust and resilient ESG frameworks

Global reinsurance broker BMS has selected Apex Group to administer the latter’s Carbon Footprint Assessment and Reporting service

Appleby has appointed Brad Adderley as office managing partner in Bermuda, effective 1 January 2022

International speciality insurer and reinsurer SiriusPoint has partnered with Parameter Climate, a climate underwriting and distribution advisory company

Aon Reinsurance Solutions has appointed Tim Aman as executive managing director of the US actuarial team, based in the firm’s New York office

Sedgwick has appointed Heather Moyes as client director to enhance the firm’s corporate markets offering in the UK

Beazley has received ‘in-principle’ approval from Lloyd’s to establish Syndicate 4321 to exclusively provide additional capacity to companies that score well against ESG metrics

Insurance fronting business Concert Group Holdings has completed its targeted capital raise of US$100 million and received a rating of “A-” (Excellent) from A.M. Best

Guy Carpenter has launched an insurtech Centre of Excellence to administer a comprehensive suite of solutions to reinsurance carriers and managing general agents

Independent parametric-specialised firm Descartes Underwriting has partnered with ICEYE to develop parametric insurance product design in combination with the latter’s observation technology and flood hazard data

Citadel Risk has made a capital injection of US$25 million into Citadel Reinsurance Company Bermuda to strengthen the group’s balance sheet

Taussig Capital has acquired Puerto Rico-licensed Spencer Re I.I to form a new entity, Taussig Capital Re, to provide reinsurance to primary insurers and reinsurers