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
The Association of Mutual Insurers and Insurance Cooperatives in Europe has elected Galit Saar to the AMICE board by AMICE’s annual general meeting of members
AssuredPartners has hired and appointed Nick Napolitano as captive practice leader
DARAG Group has made several senior appointments with Alastair Lauder as group chief actuary, Ciaran Russell as senior actuary, Vivek Bhandari as head of data, Matt Watson as group head of IT and Alastair Whitfield as group head of investments
A.M. Best has affirmed the financial strength ratings of A and the long-term issuer credit ratings of “a+” of BNY Trade Insurance, based in Bermuda and The Hamilton Insurance Corporation, which is based in New York
Allianz Global Corporate & Specialty has hired Scott Sayce as global head of cyber, effective 1 September 2021
A.M. Best has affirmed the long-term issuer credit rating of “a-” of W. R. Berkley Corporation, based in Connecticut as well as all associated long-term issue credit ratings and indicative long-term IRs for securities issued by W. R. Berkley
A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a+” of Blue Whale Re, based in Vermont
Petra Hielkema has been appointed by the European Council as chairperson of the European Insurance and Occupational Pensions Authority
RISCS has established a new cell captive in Labuan for an Australian-based client
Based in San Francisco, Ken Lorber will play a lead role in building out the business in the US, structuring bespoke insurance and reinsurance solutions for McGill and Partners’ clients.
Kyle Mrotek, consulting actuary, TAA, says: “The merger brings together two actuarial firms with similar values and cultures and is a positive development for both employees and clients”