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Connecticut licenses six captives in 2020

Commissioner Mais says the growth is due to the captive division’s outreach initiative to expand Connecticut’s presence and reputation as a domestic captive domicile

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Aon expands reinsurance team with two new hires

Aon has appointed Marcus Foley to the Bermuda operations of reinsurance solutions and named Tim Radford to its London Capital Advisory team within reinsurance solutions

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Guernsey expects a busy captive market in 2021 after significant increase in interest

Speaking on We Are Guernsey’s Captive Briefing Webinar, Mark Rogers notes that people have found that the capacity within the market has caused issues with them placing their insurance

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BIMA appoints Grainne Richmond as president

The Bermuda Insurance Managers Association, a non-profit organisation which is led by Bermuda-resident insurance managers, has appointed Grainne Richmond as president

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Barbados launches its first virtual captive conference

The Barbados International Business Association will host Barbados Risk and Insurance Management, its first virtual conference, which is set to be held on 24 to 25 March

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Pinnacle Actuarial Resources promotes Laura Maxwell and Jordan Paszek

Pinnacle Actuarial Resources has promoted Laura Maxwell to director and consulting actuary and Jordan Paszek to consulting actuary

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FCA Bank and AXA Partners renew partnership on distribution of insurance products

Headquartered in Dublin and wholly-owned by the FCA Bank Group, FCA Capital Re is the group’s captive reinsurer, assuming the risk arising from the insurance policies distributed by FCA Bank by dealer networks in the main European markets

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Growth continues in global run-off, according to PwC 2021 survey

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

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Michael Furtschegger takes on new role at AGCS

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

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Paul Lewis named regional director of MAXIS GBN’s new Americas strategic accounts division

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

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SRS hires Anna Pereira for newly created ILS role

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

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Compre completes its second Lloyd’s transaction

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

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