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IQUW appoints experienced head of new Bermuda operation

IQUW has appointed Stephen Young as global head of reinsurance and CEO of IQUW Bermuda

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BIBA forms insurance tech and innovation committee

The British Insurance Brokers’ Association has established an insurance technology and innovation committee to represent and safeguard the interests of its members

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Delaware governor signs captive legislation

Governor John Carney of Delaware has signed Senate Substitute 1 for Senate Bill 36 to allow captive structures to be classified as registered series

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Insurance group Howden forms climate risk division

Howden Group has formed a climate risk and resilience division to drive climate action in the current volatile market

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Everest Re makes senior reinsurance appointments

Everest Re has appointed Ari Moskowitz and Peter Bell to senior leadership roles in the group’s reinsurance division

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Qatar Re hires experienced non-executive chairman

Qatar Reinsurance Company has appointed William Malloy as independent non-executive chairman following the retirement of Sunil Talwar

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Guernsey professionals discuss ILS market

The ILS market of Guernsey has experienced recent notable world-firsts, as discussed at We are Guernsey’s webinar, ‘ILS Insight: The Origin of Innovation’

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Connecticut approves equipment rental captive

The Connecticut Insurance Department has licensed the captive insurance company for United Rentals, the largest equipment rental company in the world

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A.M. Best affirms captive of BNP Paribas subsidiary

A.M. Best has affirmed the financial strength rating of “A-” (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Greenval Insurance Company DAC (Ireland)

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EU approves Aon-WTW acquisition on divestment conditions

The European Commission has conditionally approved Aon’s acquisition of Willis Towers Watson under the EU Merger Regulation

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Connecticut governor signs CFSIC into a permanent entity

Connecticut governor Ned Lamont has signed HB 6646, an act concerning crumbling concrete foundations

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BMS Re acquires alternative risk reinsurance broker Trean

BMS Re has fully acquired independent reinsurance broker Trean Intermediaries, with all staff and infrastructure transferring over to the insurance and reinsurance broker

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