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A.M. Best affirms captive of BNP Paribas subsidiary

A.M. Best has affirmed the financial strength rating of “A-” (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Greenval Insurance Company DAC (Ireland)

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EU approves Aon-WTW acquisition on divestment conditions

The European Commission has conditionally approved Aon’s acquisition of Willis Towers Watson under the EU Merger Regulation

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Connecticut governor signs CFSIC into a permanent entity

Connecticut governor Ned Lamont has signed HB 6646, an act concerning crumbling concrete foundations

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BMS Re acquires alternative risk reinsurance broker Trean

BMS Re has fully acquired independent reinsurance broker Trean Intermediaries, with all staff and infrastructure transferring over to the insurance and reinsurance broker

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RH CPAs bolsters audit teams

RH CPAs has made two new appointments to its Greensboro office

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Guy Carpenter adds to MGA business unit

Guy Carpenter has appointed Matt Petka and Riley Underwood as managing director and senior vice president respectively to its GC Access business unit

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Robus makes hires in support staff team

Robus Group has appointed four new employees to its offices in Gibraltar and Guernsey to service and support the insurance management firm’s newly acquired clients

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Captive domiciles join OECD tax reform plan

A total of 131 countries and jurisdictions, including several significant captive domiciles, have joined the OECD’s two-pillar plan to create a framework for international tax reform

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GIIA leads the industry with insurer’s ESG framework

The Guernsey International Insurance Association has established an industry-first environmental, social and governance framework for insurers

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Holmes Murphy makes additions to executive leadership team

Holmes Murphy has announced three new executive leadership appointments in innovation, finance and marketing

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EIOPA: pandemic has caused uncertainty in the European reinsurance sector

The European reinsurance sector has been exposed to significant uncertainty during the COVID-19 pandemic, which has led to a threefold decline in the capital positions of reinsurers, gross written premium for life reinsurance, and underwriting profit

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MS Amlin bolsters outwards reinsurance team

MS Amlin Underwriting Limited has appointed Habib Kattan as outwards reinsurance advisor with immediate effect

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