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Oklahoma completes second IBT plan

The Oklahoma Department of Insurance has completed its second insurance business transfer plan in the US

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Synechron expands insurance services following certification achievement

Synechron has expanded its insurance services following the certification of more than 100 individuals, based in the US and India and over a six month period, in the Retirement Plan Fundamentals educational programme

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New insurance agency launches in Connecticut

The Magnolia Agency has launched as an independent insurance agency providing commercial and personal lines of coverage through member-owned group captives

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WTW names new president and future CEO

Willis Towers Watson has named Carl Hess as president and CEO, with the latter coming into effect upon the retirement of John Haley on 1 January 2022

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NFP makes senior actuarial hire

NFP has appointed Jonathan Abbott as senior vice president for property and casualty actuarial services

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Washington State drafts captive law implementation

Washington’s Office of the Insurance Commissioner has proposed draft regulations for the implementation of its new captive insurance law

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Atlas bolsters captive team

Atlas Insurance Management has appointed David Dougherty as captive producer

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BILTIR supports UN sustainable principles

Bermuda International Long Term Insurers and Reinsurers has become a supporter of the Principles for Sustainable Insurance

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Roundstone distributes nearly $10 million to captive participants

Roundstone has reported a cash distribution of almost $10 million to business owners currently participating in its group medical captive

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Aon reconfigures senior reinsurance leadership

Aon Reinsurance Solutions has adjusted its senior global leadership roles to facilitate further focus on client value, product and market segmentation, and regional reach

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BMA: US remains Bermuda’s leading reinsurance partner

The US has retained its position as Bermuda’s largest reinsurance partner, with Bermuda reinsurers paying out over $400 billion to US policyholders and cedants since 1997

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CVC Partners acquires RiverStone Europe Group

Private equity and investment advisory firm CVC Capital Partners has acquired run-off reinsurance and acquisition group RiverStone Europe from Fairfax Financial Holdings

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