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PFI closes £6bn reinsurance transaction using Zurich

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

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Compre hires Marialuisa Petrella and Connie Tregidga

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

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Captive enquiries in Asia on the rise, says Aon’s Alastair Nicoll

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

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MAXIS GBN launches three new interactive health and wellness reporting tools

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

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HSBC Life hires Ying Teoh as global head of customer proposition

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

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Cyber attacks and data loss top concerns facing D&Os, survey finds

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

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FERMA welcomes EU proposal for corporate sustainability reporting

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

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Christophe Gaudron named Guy Carpenter France CEO

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

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SRS hires Luigi Koch as Switzerland representative

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

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Alex Dahlmann to head office for Marsh’s Swedish captive operations

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

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Guardrisk granted South Africa’s first micro-insurance cell captive licence

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

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NCRMA endorses captive-based model for cannabis industry

The National Cannabis Risk Management Association endorses a suite of insurance products designed to serve the needs of its members and the overall cannabis industry

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