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

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

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

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

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

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

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

The Federation of European Risk Management Associations has elected Simon Grima from MARM and Lene Ritz from DARIM to the board

The Guernsey International Insurance Association has enrolled in a United Nations green programme as part of its pledge to the development of sustainable finance

Randall & Quilter Investment Holdings has acquired a Vermont-based captive insurer

The UK Government has revealed it will bring forward a review of certain features of Solvency II, according to a statement from Rishi Sunak, the chancellor of the exchequer

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Toyota Motor Insurance Company, based in Cedar Rapids, Iowa