Global non-life run-off liabilities are estimated to have risen to $864 billion in 2021, according to PwC’s 2021 Global Run-off Survey

Allianz Global Corporate & Specialty has appointed Michael Furtschegger as global head of entertainment, effective immediately

MAXIS Global Benefits Network (MAXIS GBN) has promoted Paul Lewis to regional director, Americas as part of a new strategic accounts division in the Americas region

Strategic Risk Solutions has appointed Anna Pereira to the newly created position of senior vice-president, insurance-linked securities, effective on 1 March

Compre has completed its second Lloyd’s transaction, the reinsurance to close of Syndicate 3330’s 2018 year of account into its Lloyd’s Syndicate 1994 along with the purchase of AXA DBIO II’s corporate member

A.M. Best has affirmed the financial strength rating of A+ the long-term issuer credit ratings of “aa” of Principal Life Insurance Company and Principal National Life Insurance Company

DoubleJack, a fintech company with its own lottery and gaming platform powered by DJACK, the Tron-based utility token, aims to establish a captive insurance company for all its providers

A European domiciled cell captive has successfully relocated to a US domicile and converted into a full captive, according to Oliver Schofield of Risk and Insurance Strategy Consultants

The Cayman Islands Monetary Authority has revealed it welcomed 36 new insurance formations in 2020, marking the largest annual increase since 2017

Utah has introduced a bill which will amend the insurance code, including “significant” changes for captive insurance to ensure the state remains competitive

The European Commission has approved Cinven Capital Management and Raffles Private Holdings acquisition of Miller Insurance Services

Artex Risk Solutions has promoted Ryan Santacrose as assistant vice president, business development