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IRS win court case against Moore Ingram Johnson & Steele in micro captive case

In the US District Court for the northern district of Georgia Atlanta division, District Judge Leigh Martin May ruled in favour of the IRS against Moore Ingram Johnson & Steele, a law firm providing micro-captive advice

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RIMS elects Ellen Dunkin as new president for 2021

Ellen Dunkin will lead the Risk Management Society as president for the 2021 term, effective 1 January 2021

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Davies acquires Northshore International Insurance Services

Davies Group has acquired Northshore International Insurance Services, a provider of audit, claims management and subrogation management and consulting services to the global insurance market

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BMS expands into Asia

Specialist insurance and reinsurance broker BMS Group has launched its Asia broking operations, headquartered in Singapore and with proposed operations in Hong Kong pending regulatory approval

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John Zern named president and CEO of Ryan Specialty Benefits

Zern will lead the development of Ryan Specialty Benefits, which focuses on wholesale benefits brokerage and managing general underwriting capabilities

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W. R. Berkley Corporation launches SPI in Bermuda

W. R. Berkley Corporation has launched Lifson Re, a special purpose insurer registered in Bermuda and licensed by the Bermuda Monetary Authority

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New reinsurers group formed in Cayman

A group of reinsurance companies located in the Cayman Islands have formed a new industry group, the Cayman International Reinsurance Companies Association

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R&Q acquire Marillac Insurance Company

Randall & Quilter II Holdings has completed the acquisition of Marillac Insurance Company, the Cayman captive insurer of Verity Health System of California

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Fleming Re establishes reinsurance facility with BevCap

Fleming Re insurance, a Bermuda-based class 3A insurance company, has established a custom reinsurance facility with BevCap P&C Protected Cell

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R&Q set to acquire Vibe Group

Randall & Quilter II Holdings has signed an agreement to acquire the entire issued share capital of Vibe Services Management, Vibe Corporate Member and Vibe Syndicate Management

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Japan’s reinsurance equivalence with EU to end 31 December

Japan’s temporary equivalence with respect to reinsurance granted by the European Commission is scheduled to expire on 31 December 2020, in accordance with the Solvency II Directive

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BMS hires Manuel Almenara in Latin America

Almenara will work closely with Aidan Pope, executive chairman, and Jose Astorqui, CEO of BMS Latin American and Caribbean

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