Fintech firm Arbol’s blockchain-powered platform transacted US$70 million in gross premium in 2021, compared to $2.2 million in 2020
RiverStone International has completed an agreement with MS Amlin Underwriting to undertake a split reinsurance-to-close transaction of the latter’s UK property and casualty portfolio of Syndicate 2001 for 2019 and prior years
Policy initiatives in 2021 aimed at promoting Hong Kong as an attractive hub for international trade were centred around the four pillars of captive insurance, insurance-linked securities, marine and specialty risk insurance, and reinsurance
The New Zealand operation of independent insurance brokerage Lockton Companies’ has been approved as a licensed external captive insurance manager to establish captive structures with Cook Islands international companies
Aon has joined the Association of Bermuda Insurers and Reinsurers, which represents the island’s major property and casualty insurers and reinsurers
WTW has appointed Lawrence Bird as director of captive and insurance management operations for Asia Pacific
The US Department of the Treasury has submitted a proposal to the Office of Management and Budget for a data and information collection from property and casualty insurers regarding the Terrorism Risk Insurance Program
The Captive Insurance Companies Association has announced that Nick Ashburn will deliver a diversity, equity and inclusion keynote speech at its International Conference next month
Aon has appointed Sven Roelandt as global leader of captive employee benefits services
Swiss Re has acquired the entire share capital of Champlain Reinsurance Company, a Swiss-based run-off reinsurance captive of Alcan Holdings Switzerland
The legislature of the state of Kansas has passed Senate Bill 377 to authorise and provide for technology-enabled fiduciary financial institution insurance companies within the Captive Insurance Act
Costs incurred from emerging risks continue to rise amid evolving insurance market volatility, according to Aon’s Global Market Insights Report for Q4 2021