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Taussig Capital Re launches to provide non-traditional capital solutions

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

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Run-off specialist makes new appointments

RiverStone International has appointed Costas Miranthis as independent non-executive director to the group board and Neil Taylor as group chief investment officer

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Aon names new securities lending practice lead

Aon has appointed Tom Daniels as practice lead for securities lending and asset management consulting within its custody advisory services group

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Captive Resources names MSL business development hire

Captive Resources has appointed Drew Kendrick as assistant vice president, business development executive for medical stop-loss

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Guy Carpenter launches Wildfire Risk Score in Europe

Guy Carpenter has launched a Wildfire Risk Score to help European clients manage their exposure to the evolving risk of wildfire

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Sedgwick rebrands Indonesia operations

Sedgwick has rebranded PT Cunningham Lindsey Indonesia to PT Sedgwick Adjusters Indonesia to operate within the Sedgwick brand and align its enhanced global resources

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Global reinsurer hires new COO

Canopius Group has appointed Kate Roy as chief operating officer, effective from early 2022

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CICA: the captive industry is “booming”

The captive industry has seen “phenomenal growth” in the last 18 months during the pandemic, states president Dan Towle at the opening of the CICA Fall Forum this week

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Risk Partners adds captive business development manager

Risk Partners has appointed Hartley Hartman as business development manager for captive insurance, based in the firm’s Charleston office

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FERMA: hardening market conditions and captives

The hardening insurance market has caused some companies to write more risk into their captives to compensate for rate increases, as discussed at a FERMA Talks session

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OECD finalises anti-BEPS tax reform

The Organisation for Economic Cooperation and Development has finalised its reform of the international tax system to ensure that multinational enterprises will be subject to a minimum tax rate of 15 per cent from 2023

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Airmic: cyber risks are the most likely new risks to be financed by captives

The insurance market is failing to meet the requirements of Airmic’s members regarding premium rates, scope of cover and capacity, according to the association’s latest pulse survey

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