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AM Best revises outlook to ‘negative’ for CSAA Insurance Group’s members

The revision of the outlook to ‘negative’ is driven by the group’s reduction in capital level

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Cowbell secures US$60 million in funding from Zurich Insurance Group

With the new capital, Cowbell plans to bolster cyber resilience services and expand its technological infrastructure to drive further efficiencies

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Bermuda to showcase captive domicile potential in annual conference

The Bermuda Captive Conference returns for its 20th year from 9-10 September at PIER 6 in Hamilton

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South Carolina captive conference returns in September

The South Carolina Captive Insurance Association will host its annual executive educational conference from 17-19 September at the Hyatt Place, Charleston

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Holman hires Bachman as Manager of Captive Insurance Operations

Cassie Bachman holds a Juris doctor’s degree from the University of Oklahoma College of Law

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Cayman Captive Forum 2024 announces keynote speakers

Anthony Robles, NCAA wrestling champion, and Jon Engstrom, a 20-year-old veteran police officer and certified ethical hacker, will be the keynote speakers

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WTW welcomes Clarke as President of Risk and Broking

Lucy Clarke replaces Adam Garrard, who will take on the new role of division chairman

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Artex acquires Malta-based Bee Insurance Management

Simon Camilleri, former managing director of Bee Insurance, has assumed the role of executive director at Artex

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AXA XL appoints Bailey as Head of Professional in Bermuda

Michelle Bailey will lead the professional lines underwriting team, including D&O, employment practices liability, wage and hour, errors and omissions, and cyber lines of business

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Davies’ European broking platform gets Lloyd’s accreditation

The accreditation will allow Davies to extend its UK broker incubation platform for clients aiming to grow and establish infrastructure in Europe through Brussels

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Fitch: CrowdStrike cybersecurity incident unlikely to pose financial risk to (re)insurers

Fitch advises that several factors will help mitigate insured losses, including the absence of insurance coverage, high deductibles, sublimits, and time element periods for business interruption claims

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Allianz to acquire majority stake in Income Insurance

The proposed transaction, with a value estimated at US$1.64 billion, aims to expand and strengthen Allianz’s presence in Singapore

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