EIOPA’s opinion on the Solvency II 2020 Review to the EC suggested that although no fundamental changes are needed, a number of adjustments are required to ensure that the regulatory framework continues as a well-functioning risk-based regime

The bulk annuity market has shown great resilience throughout this year’s turmoil with over £30 billion of buy-ins and buyouts completed, according to Willis Towers Watson

A.M. Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” to Specialty Builders Insurance Company, based in Atlanta, Georgia

The International Association of Insurance Supervisors has appointed Ricardo Garcia and Marcelo Ramella of the Bermuda Monetary Authority staff to its committee

The SCOR board of directors has chosen Benoît Ribadeau-Dumas to succeed Denis Kessler, the current CEO and chairman, as the next CEO

RMC Group has hired Larry Okray as the general lines manager

International Paper, Memphis-based global fibre-based packaging, pulp and paper products, has relocated its captive insurance company from Vermont to Tennessee

Nate Reznicek has joined International Re, the specialist captive insurance and reinsurance MGU, as head of US distribution

Innovative Risk Management, a speciality programme management firm, has added four new partners to the business

Christopher Gallo has joined CIC Services, a Knoxville-based risk management consulting firm as managing director

The Western Region Captive Insurance Conference is moving forward with plans for a multi-state in-person conference scheduled for 14 to 16 June 2021, in Salt Lake City, Utah

The District of Columbia Department of Insurance, Securities and Banking will create a financial services regulatory sandbox, which is set to include captives, according to DISB Commissioner Karima Woods