Kent Sullivan has resigned from his role as insurance commissioner of the Texas Department of Insurance to return to the private sector

Christopher Lay, Julian Enoizi and Anthony Baldwin have been named by the Insurance Institute of London as its new officers for 2020 to 2021.

A.M. Best has affirmed the financial strength rating of ‘A+’ and its long-term issuer credit rating of “aa-” of SCOR SE, a global reinsurance company, and its main operating subsidiaries

Marsh has appointed Tamara Simpkins Franklin as chief digital, data, and analytics officer based in New York, effective 1 October

Randall & Quilter Investment Holdings has transacted a loss portfolio transfer with Allianz SE, with assistance from Black Forest Reinsurance Consulting

The Bermuda Monetary Authority has cancelled the insurance registration of Phoenix CRetro Reinsurance Company, a special purpose insurer after breaching four key areas of the Insurance Act

Jonathan Salter will take on the role of head of risk consulting, driving AXA XL risk consulting’s strategy and value proposition globally, working closely with the firm’s underwriting and claims teams

There has been an increase in interest around those exploring the use of captives and alternative risk solutions, according to an Airmic survey conducted between 7 to 20 August

Airmic, the UK association of risk and insurance professionals, has released two new guides focusing on risk and managing risk, and captives and understanding captives

James Portelli is set to join Cutts-Watson Consulting as a consultant, based in Malta

The report highlighted the trend of increased captive use continuing in the first half of 2020 amid an increase in challenging insurance market conditions and the impact of the global COVID-19 pandemic

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Cosco Shipping Captive Insurance Company, located in China