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MSL hires Steve McFarland

Steve McFarland has joined MSL Captive Solutions, a specialist underwriting and consulting services firm as managing director

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Exclusive: Alturki Holding appoints Braxtone as captive manager

Braxtone Insurance Management has been named captive insurance manager for Alturki Holding’s new captive insurance company based in Bahrain

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New start-up forms parametric disaster response solution

Ten C’s, a start-up formed to develop an affordable and effective insurance solution, has developed a new parametric disaster response solution

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Airmic supports Lloyd’s pandemic recovery and resilience proposals

Airmic has welcomed Lloyd’s proposals for how the insurance industry can support global economic and societal recovery from the impacts of COVID-19, and to build resilience for future systemic catastrophic events

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DARAG successfully transfers Zurich’s German A&E portfolio

DARAG Group has completed the legal transfer of Zurich Insurance German architects and engineers professional indemnity portfolio to DARAG’s German risk carrier, DARAG Deutsche Versicherungs- und Rückversicherungs-AG

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NCCIA’s rescheduled conference cancelled

The North Carolina Captive Insurance Association’s rescheduled conference has been cancelled due to complications from COVID-19, according to the board of directors.

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EU launches consultation on Solvency II review

The European Commission has launched a public consultation on the review of the EU's prudential rules for insurance and reinsurance companies, known as the Solvency II Directive

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AGCS embarks on global transformation programme

Allianz Global Corporate & Specialty, the industrial insurer of Allianz Group, has launched a transformation programme called New AGCS, which aims to regain profitability and market leadership in the corporate and speciality insurance segment

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Fleming Re novates legacy liabilities from Duarte

Fleming Reinsurance has completed the novation of the workers' compensation deductible layer of Duarte Nursery

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Willis Pension Scheme enters £1 bn longevity swap with Munich Re

The Willis Pension Scheme has entered into a longevity swap transaction with Munich Re to manage longevity risk concerning £1 billion of pensioner liabilities

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Bermuda Captive Conference will take place virtually in September

The 2020 Bermuda Captive Conference will be hosted on a virtual platform due to the continued uncertainty from COVID-19, on 9 to 11 September

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FERMA survey shows increasing level of interest in captives

The Federation of European Risk Management Associations has confirmed there is an increased interest in captives, according to findings from the association’s latest report

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