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Tennessee welcomes 18 new captives and 41 cells in 2020

The Tennessee Captive Insurance Association has revealed a 64 per cent increase in licensed entities on its 2019 figures, with 18 new captives and 41 new cells in 2020

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BDA appoints new deputy chair and treasurer

Bermuda’s Business Development Agency has elected Susan Pateras as new deputy chair and reappointed Fiona Beck as treasurer, with immediate effect

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CICA cancels 2021 annual conference

In December, CICA moved forward with plans in the hope of hosting an in-person event, but due to ongoing impacts of COVID-19 and worsening conditions in the state, the conference will no longer go ahead

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BMS recruits Robert Mercier from Willis Re

BMS has hired Robert Mercier as chief operating officer of BMS’s US business, based in the firm’s Philadelphia office

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Peter Child to lead Strategic Risk Solutions’ new Guernsey office

Peter Child, who will join the firm in July, has been appointed as managing director of SRS Guernsey Management

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Alabama Captive Insurance Association reveals 2021 captive bill amendments

If passed, the new Alabama captive bill amendments will see the introduction of three new alternative risk vessels, a new formal redomestication process, RRG legislation and a reduction to the minimum capital requirements

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Valenz and MSL Captive Solutions partner on new group captive programme

Valenz has partnered with MSL Captive Solutions to launch CaptiV, a medical stop-loss group captive programme targeting employers with less than 1,000 employees

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Bender Insurance Solutions hires Bryan Murray

Bender Insurance Solutions has recruited Bryan Murray as a technology risk advisor in its commercial lines department

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Moody’s affirms China National Petroleum Corporation captive rating

Moody's Investors Service has affirmed CNPC Captive Insurance Company’s A2 insurance financial strength rating. The outlook remains stable

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Malta sees small growth in cell licenses in 2020

Similar to other jurisdictions, Ian-Edward Stafrace, chief strategy officer at Atlas Insurance PCC, says there is higher growth in cells compared to standalone companies or captives

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Pinnacle Actuarial Resources makes three new hires

Pinnacle Actuarial Resources has hired Gaétan Veilleux, Travis Murnan and Kunshan Yin to enhance its expertise in modelling, data science and risk analytics

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Marsh recruits Gisele Norris to lead US healthcare practice

Gisele Norris has joined Marsh to lead its US healthcare practice, after working at Aon for the last 20 years as the Western region healthcare leader and pandemic task force co-leader

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