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AGCS hires Scott Sayce as global head of cyber

Allianz Global Corporate & Specialty has hired Scott Sayce as global head of cyber, effective 1 September 2021

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A.M. Best affirms W. R. Berkley Corporation ratings

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

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Pfizer’s captive ratings affirmed as ‘excellent’

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

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European Council appoints Petra Hielkema chair of EIOPA

Petra Hielkema has been appointed by the European Council as chairperson of the European Insurance and Occupational Pensions Authority

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Australian business sets up new Labuan captive

RISCS has established a new cell captive in Labuan for an Australian-based client

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Ken Lorber joins McGill and Partners

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.

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The Actuarial Advantage and Financial Risk Analysts merge

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”

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Singapore launches consultation to revise corporate governance guidelines

The guidelines comprise the principles and provision of the Code of Corporate Governance, which apply to all financial institutions within scope, and additional guidelines for locally incorporated financial institutions

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R&Q sees record year for legacy insurance

William Spiegel says: “2020 was a challenging year and the pandemic tested the resilience of our employees and our business model"

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Vermont governor Phil Scott signs new captive bill into law

Vermont governor Phil Scott has signed new captive bill legislation into law, which aims to strengthen the state’s captive regulation in a variety of areas

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Robert Thomas to head up R&Q’s data strategy and technology

Randall & Quilter Investment Holdings has appointed Robert Thomas as group head of data strategy and technology

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Nissan’s captive receives ‘excellent’ rating from A.M. Best

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

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