Arthur J. Gallagher is set to acquire Willis Towers Watson’s treaty reinsurance brokerage operations in a transaction expected to be completed in Q4 2021

During the session ‘The State of the Cyber Market and the Captive Solution’ at the Vermont Captive Insurance Association, it was outlined that cyber is increasingly an emerging risk and can have huge ramifications for businesses

“The IRS was warning everyone that they would be aggressive, and aggressive they were. Clients noted that auditing agents lacked experience in the captive space or captive insurance knowledge," says Mikhail Raybshteyn

Belinda Fortman, the director of captive insurance for the Tennessee Department of Commerce & Insurance, has left her role

BMS Re, the independent reinsurance broker, has completed its acquisition of Trean Intermediaries, a US-based independent reinsurance broker and services company

The captive industry has raised a significant amount of capital both in terms of start-up companies, existing insurance companies and reinsurance companies, as well as Lloyd’s syndicates raising capital

The round is part of Hanaco’s broader investment strategy in Vesttoo, aimed at further developing Vesttoo’s Insurance-Linked Program offering

Some 82 Delaware insurers that reported $100 million or more in 2020 premiums have been asked to respond to questions about their investment and risk management policies

Moody’s is set to acquire RMS, a leading provider of climate and natural disaster risk modelling and analytics, to advance its global integrated risk assessment strategy

Insurance broking in North America has become more innovative and symbiotic, according to Aon’s new report, ‘Global market insights Q2 2021’

Fidelis Insurance has appointed Charles Mathias and Phillip Murfet as group director of underwriting and group chief risk officer respectively

The operating performance of rated US captive insurance companies exceeded that of the commercial insurance market in 2020, according to a new A.M. Best report