In the current hardening insurance market, many companies are struggling with capacity, availability and higher retention, according to Al Gier, global director of corporate risk management and insurance at General Motors Company

The Association of Mutual Insurers and Insurance Cooperatives in Europe (AMICE), the voice of the mutual and cooperative insurance sector in Europe, has appointed Oliver Schoeller as director on AMICE’s board for a three-year term

Cassie Bachman has joined Arsenal Insurance Management as director of legal affairs

Lloyd’s has launched its fifth Lloyd’s Lab cohort, featuring RYSKEX, a Berlin-based start-up, offering a blockchain-based ecosystem for alternative risk transfer and innovative insurance solutions

Randall & Quilter Investment Holdings has appointed Patrick Rastiello as CEO of its newly established US excess and surplus programme management business, Accredited Specialty Insurance Company

Beach & Associates has hired Warren Berkstresser as senior vice president of its US reinsurance division, Beach Re

Trucept has revealed its plans to accelerate growth through the set-up of a captive insurance company

In addition to surplus lines policies purchased directly from non-admitted insurance companies, premiums paid to a captive insurance company must also be reported on Form IG255

The deal will see 2RS acquire the Luxembourg client portfolio of insurance and reinsurance captives from Sogecore SA and Sogecore France SARL

Anthony Lyons has been appointed as executive vice president and leader of a new portfolio solutions underwriting division of Ascot US

Rebecca Hale will be responsible for captive management operations in Washington DC, Delaware and New Jersey

The US Senator for Colorado Cory Gardner has called for the Internal Revenue Service, to suspend its review of tax benefits claimed by micro captives until resolution of the current litigation in the US Court of Appeals for the Tenth Circuit