A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit ratings of “a+” of Queen City Assurance and Vine Court Assurance Incorporated, both domiciled in Vermont

The international reinsurance business of the Prudential Insurance Company of America has closed its first reinsurance transaction involving an unnamed UK pension scheme using an independent regulated insurer, Zurich Assurance, as intermediary

Compre has appointed Marialuisa Petrella as claims director and Connie Tregidga as group M&A director, both based in London

Nicoll’s comments come after the release of Aon’s 2021 Asia Market Review, which reveals that enquiries from organisations about forming a captive or protected cell company are projected to continue

The new reporting tools include two new interactive dashboards including the OneWorld Visual and the COVID-19 Dashboard as well as an interactive version of its Paid Claims report

HSBC Group’s insurance business has appointed Ying Teoh as global head of customer proposition, HSBC Life and insurance partnerships

The report explains that increased vulnerability to data loss is a result of businesses moving to new procedures and systems overnight due to the COVID-19 pandemic

The Federation of European Risk Management Associations has given its support to the European Commission proposal to develop a common standard on sustainability reporting

Guy Carpenter & Company has promoted Christophe Gaudron as CEO of its France business, starting 1 January 2022

Luigi Koch has joined Strategic Risk Solutions Switzerland as a local country representative

Marsh has promoted Alex Dahlmann to head of office for its Swedish captive operations, Marsh Management Services AB Sweden

Guardrisk, South Africa’s largest cell captive insurer, has been granted South Africa’s first micro-insurance cell captive licence by the Financial Sector Prudential Authority