AM Best has downgraded the financial strength rating to ‘B’ (Fair) from ‘B+’ (Good) of specialist facultative reinsurer Sun Re.

Hong Kong Export Credit Insurance Corporation has launched its first trade credit insurance coverage based on SCOR Smart Credit.

Based in Bermuda, Irish Aleria joins the firm from Ocorian, where she served as client director and head of insurance and client accounting.

The company states that this transaction represents the largest foreign investment in India's general insurance sector to date.

RiskGauge Desktop offers a proprietary scoring methodology that integrates market, financial, and business risk inputs, along with analytics data and detailed reports on over 50 million companies.

The company will initially underwrite representations and warranties insurance on behalf of a panel of insurers, including AmTrust and various syndicates at Lloyd’s.

Based in Florida, Len Graziano will focus on developing and implementing client-centric initiatives throughout the casualty market in North America.

The bill proposes various changes to North Carolina's captive legislation, including a two-year extension of the premium tax holiday for captives that redomesticate in the state.

Artemis Risk Solutions, a Dallas-based insurance brokerage specialising in employee benefit solutions, P&C, and personal lines, is co-founded by industry veterans Clint Anderson and David Lamb.

Annie Undikai is the founder and group managing director of Brighton International Group, based in Malaysia.

SCOR CEO Thierry Léger and Lloyd’s CEO John Neal have been appointed chair and vice chair of Insurance Europe’s Reinsurance Advisory Board, respectively.

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) of Solen Versicherungen (SVAG) and Noble Assurance Company, captives owned by Shell.