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Ashok Krishnan takes on new role at AXA XL

AXA XL has appointed Ashok Krishnan as chief data and analytics officer

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Kevin Gordon joins BMS Group from Willis Re

BMS Group, the independent specialist insurance and reinsurance broker, has appointed Kevin Gordon as senior vice president, treaty reinsurance

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Labuan IBFC signs MoU with rating agency RAM

The new rating service for companies based in Labuan IBFC will evaluate the performance and financial standing of Labuan entities

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Vermont welcomes 38 new captives in 2020

The Vermont Department of Economic Development has revealed the state licensed 38 new captive insurance companies in 2020

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Arizona licenses 12 new captives in 2020

The Arizona Department of Insurance and Financial Institutions has confirmed the state licensed 12 new captive insurance companies in 2020

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Bermuda grants AkinovA insurance marketplace provider license

AkinovA explains that this makes them the first new regulated insurance marketplace since Lloyd’s of London Act of parliament in 1871

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Corant Global launches

Corant will become the holding company for all the insurance interests of BGC Partners, a global brokerage and financial technology company

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AGCS: business interruption, pandemic and cyber named top business risks

Business interruption, the COVID-19 pandemic outbreak and cyber incidents are this year’s top business risks, according to the Allianz Risk Barometer 2021 survey

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BevCap names John Kirke president of its healthcare division

John Kirke has joined BevCap Management, a programme manager for both casualty and medical stop-loss captive insurance companies in multiple domiciles, as president of the firm’s healthcare division

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TowerBrook and Further Global snap up ProSight Global

TowerBrook Capital Partners and Further Global Capital Management are set to acquire all outstanding shares of common stock of ProSight Global, a specialty insurance company, in an all-cash transaction valued at approximately $586 million

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Jennifer Law joins Aon’s Asia Pacific Capital Advisory unit

Jennifer Law has joined Aon’s Asia Pacific Capital Advisory unit within reinsurance solutions

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Marsh names Tom Colraine as chairman

Marsh has appointed Tom Colraine as chairman in the UK, with immediate effect

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