A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Palms Insurance Company, George Town, Cayman Islands

The Trustee of the ICL Group Pension Plan, a Fujitsu pension scheme, has insured longevity risk in respect of £3.7 billion of its liabilities, with Swiss Re providing the reinsurance coverage

The SCOR board of directors has unanimously selected Laurent Rousseau to become the next CEO following the general meeting on 30 June 2021

The US Supreme Court has ruled in favour of the CIC Services in their case against the Internal Revenue Service over Notice 2016-66, in a unanimous decision

BMS, the independent specialist insurance and reinsurance broker, has appointed Eric Matheny as chief financial officer of BMS Re

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Lumen Re, based in Bermuda

Guy Carpenter & Company has appointed Luca Tres as head of strategic risk and capital life solutions, Europe, the Middle East, Africa, effective 1 June

The Alabama Captive Insurance Association is set to host its 2021 annual conference as an in-person event

DWF, the global provider of integrated legal and business services, has appointed Jonathan Drake as a partner to head up its expanding non-contentious insurance advisory practice

Hylant has expanded its global captive solutions team by hiring Ankush Das as an accountant, based in its Mumbai office

Governor Jay Inslee signed a bill into law that would see the creation of a framework in Washington for registering eligible captive insurers and imposing a premium tax on the risk covered by premiums allocable to the state

Arthur J. Gallagher has agreed to acquire certain Willis Towers Watson reinsurance, specialty and retail brokerage operations as part of a proposed regulatory remedy for the pending Aon and WTW combination