SCOR has become the first reinsurer to use the new UK ILS regime to issue a catastrophe bond

The Bermuda Insurance Management Association has appointed Kathleen Bibbings as its new president

Leading global reinsurer MS Amlin has received approval from the National bank of Belgium to redomicile its subsidiary, Amlin Insurance SE to Belgium from the UK

MAXIS GBN has made three organisational changes as part of the company’s strategy to target new markets and continue with planned international expansion

A.M. Best has affirmed the FSR of A (Excellent) and the long-term ICR for Medical Professional Mutual Insurance Company’s and its wholly-owned subsidiaries

Fidelis Insurance Holdings has launched a new special purpose insurer, Socium Re, to provide collateralised capacity support for Fidelis’ reinsurance portfolio

The Hanover Insurance Group has appointed Frank Baron as its president of alternative markets, a newly formed business unit in the company’s domestic specialty group

The Guernsey ILS sector believes that it can work closely with the developing market in London, following a roadshow earlier this year that saw visits from lawyers and industry representatives in both Zurich and London

Eleven captive insurance companies have been admitted to Bermuda’s Captive Hall of Fame as a result of completing 25 years of business from the island

National Guaranty Insurance Company of Vermont (NGIC) has had its financial strength rating of A- (Excellent) and its long-term issuer credit rating of “a-” affirmed by A.M. Best

Wilmington Trust has appointed Michael Ramsey as client development officer for its insurance collateral solutions team, part of the company’s global capital markets division

Aon has appointed Andrew Marcell as its new CEO of reinsurance solutions