Mula joins after serving at Aon for 40 years. Most recently, Mula worked as president of Aon Risk Solutions, where he was responsible for all of Aon’s Global Specialty business strategies as well as global carrier relations

Based in Puerto Rico, Melanie Cruz will be responsible for overseeing Lockton’s offering within the Central American market

LMG explains that due to this uncompetitive environment, no company has chosen to set up a captive in the UK, despite its extensive financial services ecosystem

The legislative updates include authorising parametric insurance coverage and reducing the statutory capital needed by protected cell captive insurers to commence operations from $250,000 to $100,000, among other improvements

Kirsten Jackson has joined Latham & Watkins Los Angeles office as a partner in the litigation and trial department and as a member of the complex commercial litigation practice

The Connecticut House of Representatives has passed HB 6646, which is an act concerning crumbling concrete foundations

The North Carolina Captive Insurance Association board has named Matt Holycross of Taft Companies as chairman for the 2021/22 term

A.M. Best has assigned a financial strength rating of A- and a long-term issuer credit rating of “a-” to Quanta Insurance Company, based in Texas

Crawford & Company has launched a Japan desk in Bangkok, Thailand, providing a dedicated facility to support the growing presence of Japanese companies and their affiliates in the South East Asia region

Olivier Gay has been appointed CEO for SCOR Canada Reinsurance Company, succeeding Paul Christoff, effective 11 June 2021

AF Group, an industry leader in offering specialty insurance products, has entered into the assumed reinsurance marketplace through a new partnership with Waypoint Underwriting Management

Concert Group Holdings, a newly formed business dedicated to insurance fronting, has secured an agreement to raise additional capital from its founders in partnership with Century Equity Partners and WT Holdings