The fine was issued to the company for conducting insurance business in Washington state without being registered as a captive insurer between 2014 and 2021

Riihiluoma currently serves as vice president and will succeed Richard Sammons in the role

Fitch Ratings has assigned Kazakhstan Energy Reinsurance Company an insurer financial strength (IFS) rating of 'BBB' and a national IFS rating of 'AAA'

Chris brings more than 20 years of reinsurance experience, covering both property and specialty lines in London, Zurich, Miami and Bermuda

The new rules on Solvency II will boost the role of the insurance and reinsurance sector in providing long-term private sources of investments to European businesses

This is the first time an online insurance provider has given customers this ‘one-stop-shop’ experience

He joins Hylant from North Carolina-based AF Group

The ratings reflect Spirit and Radius’ balance sheet strength, which AM Best assesses as "very strong”

Elevate’s Ryan Ralston (pictured), currently managing director, will succeed Jerry Messick as CEO

OCIA board members, Heather McClure (pictured) and Donald Ashwood have joined the WRCIC board

Meyer will focus on growing BevCap’s benefits captive programmes for self-funded plans

Both firms will work with brokers to develop group programmes prioritising broad insurance coverage, competitive pricing, embedded security solutions and ‘a seamless digital experience’