Lloyd’s of London has received regulatory approval from the UK’s Prudential Regulation Authority and the Financial Conduct Authority to set up a new multi insurance special purpose vehicle

Chubb has appointed Michael Kessler as division president of the company's global cyber risk insurance business and Jeremiah Konz as chief reinsurance officer

AXA XL has hired Pamela Rosado as general counsel, effective 8 February

Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, completes four UK longevity reinsurance transactions with Legal & General Assurance Society

Robus has appointed Justin Upson as a director in the Guernsey office to lead the firm’s protected cell company

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” of Sooner Insurance Company, based in Vermont

Willis Towers Watson has added Shanghai to its global property and casualty hub, which aims to enhance the company’s global placement model for clients

CICA, VCIA and the CIC-DC have all submitted a response to a request for public comment regarding the participation of captive insurers in the TRIP established under the TRIA

McGill and Partners has joined the London and International Insurance Brokers’ Association

Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has appointed Lesley Harding as global head of energy

Mars Incorporated’s director of risk management Christopher de Wolfe has welcomed parametric solutions for risk transfer

The Risk Management Society has hired Soraya Wright, formerly the founder and chief risk officer of SMW Risk Management Consulting, as RIMS vice president of strategic initiatives