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One80 acquires GMI Insurance to expand transportation practice

GMI is a Pennsylvania-based managing general agent

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Fusion promotes Samuel Shirley

Fusion has promoted Samuel Shirley to global chief underwriting officer, mergers and acquisitions

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AM Best assigns “Good” ratings to Patria US

AM Best has assigned a financial strength rating of B++ (Good), and a long-term issuer credit rating of “bbb+” (Good) to Patria Re US

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ASR launches captive solutions offering

Its new captive solution offering is focused on a partnership model

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Arch Re promotes Crystal Doughty and William Soares

Both will report to Jerome Halgan, CEO of Arch Re

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Q2 stats show interest in Cayman insurance industry remains “very strong”

Between April and June 2023, CIMA issued licences to eight new captive insurance companies

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NFP RISC appoints Marsh’s Amanda Wescott as vice president of captives

She will be responsible for the oversight and growth of US team members within NFP's captive operations

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Fitch assigns ‘A+’ ratings to Athene’s captives

Fitch Ratings has assigned insurer financial strength (IFS) ratings of 'A+' to Athene Holdings’ (Athene) recently formed captives Athene Co-Invest Reinsurance Affiliate 2A and Athene Co-Invest Reinsurance Affiliate 2B

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Sompo appoints Angela Weiss as head of property and energy insurance for Continental Europe

She will be based in Zurich and will report to Ralph Brand, Sompo’s president of Continental Europe Insurance

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Janice Valgoi and Peggy Companion to depart VCIA

The VCIA's director of membership Janice Valgoi and director of finance Peggy Companion are set to depart at the end of the year

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Inherent Risk launches captive-backed Ukraine war membership

The firm collaborated with Guernsey-based captive Opportuna, LLoyd’s and company market insurers to develop the membership

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Miller bolsters leadership team in Asia

Miller Insurance has appointed Nigel Cross as head of facultative reinsurance in Asia

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