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IAG mitigates earnings volatility through reinsurance deals

IAG has entered into five-year reinsurance agreements with Berkshire Hathaway and Canada Life, along with securing adverse development cover from Enstar Group

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Allianz UK welcomes Kam and Howes to leadership team

Allianz UK has hired Hanna Kam as chief risk officer and promoted Jason Howes to chief transformation officer

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SLC Management expands into insurance business

SLC Management has launched SLC Global Insurance Group, focused on servicing insurance companies with investment solutions

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Optio names Soni as group CEO

Deepak Soni joins the firm from AXA, where he served as commercial director of AXA Insurance for the past nine years

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Supercede secures US$15 million to invest in reinsurance technology

Representing over 140 member companies globally, including insurers, brokers, and reinsurers, Supercede’s platform automates the reinsurance process, enhancing risk management, coverage, and pricing outcomes

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North Carolina passes captive bill

The amended legislation proposes a two-year premium tax holiday for captives redomesticated in the state and reduces the retaliatory tax rate applied to RRG

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Guernsey’s captive insurance potential showcased at GIIA Airmic conference

Guernsey is Europe’s largest captive jurisdiction, with 199 captives domiciled at the end of 2023

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Hamilton Global Specialty names O’Brien as Chief Actuary

Niamh O’Brien has worked with the company since 2021, leading key actuarial reserving activities and providing advisory support as an actuarial consultant

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Artex acquires London-based insurance consulting firm

Artex, a captive and alternative risk transfer solutions subsidiary of Gallagher, has acquired London-based insurance consulting firm Implement Compliance Solutions and Resources

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BCIC launches omnichannel insurance ecosystem

British Caribbean Insurance Company (BCIC) has introduced its omnichannel insurance ecosystem built on the EIS Group’s cloud-native SaaS platform, and implemented by EY.

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LMA appoints four new board members

The new additions are: Richard Milner, group CEO at Chaucer; Clare Constable, chief claims officer at MS Amlin; John Fowle, CEO at Atrium; and Adam Beatty, CEO at Nephila Syndicate.

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WTW adds Wilson to Corporate Risk and Broking leadership team

WTW has appointed Tia Wilson as deputy regional leader and global client advocate within Corporate Risk and Broking, North America.

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