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Beach & Associates rebrands as Acrisure Re and Acrisure London Wholesale

Beach & Associates, Acrisure’s global reinsurance brokerage, will become Acrisure Re and Acrisure London Wholesale, as part of Acrisure, its parent company, rebrand

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New Jersey Supreme Court upholds ruling for J&J tax refund

The New Jersey Supreme Court has upheld an appeals court ruling that Johnson & Johnson are due a $56 million tax refund

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GEB partner with Sensely to offer virtual health to global clients

GEB and Sensely announced a strategic partnership to advance patient interactions through AI and provide access to virtual health assistants, which responds to voice and onscreen commands through a multi-functional cloud-based platform

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Constellation’s RRG ratings affirmed

A.M. Best has assigned a financial strength rating of A (Excellent) and the long-term issuer credit rating of “a­” to MMIC Risk Retention Group, Inc. (MMIC RRG)

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Maiden Holdings forms new solution led by former SOBC DARAG specialists

Maiden Holdings, a Bermuda-based holding company, announced the formation of Genesis Legacy Solutions

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Aspen Re America appoints Ana Cifuentes as head of professional lines

Ana Cifuentes has been appointed head of professional lines for Aspen Re America, effective 9 December 2020

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Guy Carpenter appoints Pietro Toffanello as head of Japan

Pietro Toffanello has been appointed head of Japan in Q1 2021 for Guy Carpenter

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CIC Services reports spike in tech companies supplementing commercial insurance with captive insurance

CIC Services has seen an increasing number of technology companies replacing or supplementing commercial insurance with captive insurance, according to Randy Sadler, principal at CIC Services

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Accredited Specialty Insurance Company ratings confirmed

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

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GFSC introduces scheme for pre-authorisation for insurance cells

The Guernsey Financial Services Commission (GFSC) has introduced a pilot scheme for pre-authorisation for insurance cells

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A.M. Best affirms ratings of Brazillian reinsurer

A.M Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” of BTG Pactual Resseguradora (BTG Re), which is based in Brazil

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R&Q agrees $108m issuance of subordinated notes

Randall & Quilter Investment Holdings (R&Q) has signed an agreement to issue 13-year unsecured subordinated Tier 2 notes for $107.75 million

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