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DARAG makes first Luxembourg company acquisition

DARAG Group has acquired Arisa Assurances, an automobile and travel insurance company based in Luxembourg

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GEB UK and Bupa agree commercial partnership

Generali Employee Benefits UK and Bupa have agreed a commercial partnership initiative to drive forward wellbeing programmes designed for UK employers who are part of a multinational group

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CICA settles conference cancellation insurance claim

The Captive Insurance Companies Association has settled its event cancellation insurance claim with Tokio Marine HCC for the CICA 2020 conference, which was cancelled due to COVID-19

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Tennessee appoints a new director of business development for the insurance division

Joshua Clark has joined the Tennessee Department of Commerce and Insurance as the new director of business development for the insurance division

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William Wood joins newly created role at Artex

William Wood joins Artex as director, captive and commercial for their Bermudian operations

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South Africa FSCA proposes new requirements for cell captives

The South Africa Financial Sector Conduct Authority has published a revised draft conduct standard setting out requirements relating to third party cell captive insurance business

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SRS hires Brian Collins as managing director of new Luxembourg office

Strategic Risk Solutions has named Brian Collins as managing director of its new captive management business in Luxembourg

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Hospitality sector could turn to captives for future planning, amid COVID challenges

The ongoing COVID-19 pandemic has caused “major uncertainty” across the hospitality industry in regards to policy exclusions, lack of capacity and affordable coverage, but captives could hold the answer for future planning

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A.M. Best: captives to thrive in current market

Firming commercial insurance prices and impacts from the ongoing COVID-19 pandemic could present opportunities for the US captive insurance segment to increase its footprint in several lines of business, according to a new A.M. Best report

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FERMA backs EIOPA’s pandemic resilience scheme

The Federation of European Risk Management Associations has welcomed a report by the European Insurance and Occupational Pensions Authority on a pandemic resilience scheme and has urged European institutions to act on its ideas

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DARAG appoints a new group head of claims

DARAG Group has appointed Elliott Goss as group head of claims, based in London

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UK aviation captive initiative for future pandemics knocked back by government

A conceptual initiative for a government-mandated captive for the UK airline industry covering a second pandemic-style or other 'black swan' event has not been supported by the Government, according to Nigel Weyman of Gallagher Aerospace

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