Commenting on the mandate, Kabir Chanrai (pictured), CEO of Nirvana, says: “This is a very exciting time to be launching Nirvana independently"

Aon has appointed Sherif Zakhary as CEO of its strategy and technology group within reinsurance solutions to build more resilient businesses for its clients

Paul Bonny has retired from his role as TransRe’s executive vice chairman, after 41 years at the company

UK-based insurtech firm YuLife has launched its group life insurance in South Africa, after launching its financial services product in the UK and the US

Specialty insurer broker CAC Specialty has appointed Melissa Menard (pictured) as executive vice president of its new healthcare division

Capitola, a digital marketplace for commercial insurance, has raised US$15 million in its Series A funding round

Specialty insurance provider Sompo International has promoted Margaret Hyland (pictured) to president of North America reinsurance

Aon, the professional services firm, has appointed Sarah E. Smith (pictured) to its board of directors

Resolute Global Partner, an investment advisory firm, has launched a new type of reinsurance contract focused on US natural catastrophes

Tremor Technologies, the reinsurance platform, had launched a new division to address stressed residual US insurance markets

In recent weeks, the NRRA has said the bill will have a “devastating impact” on every RRG writing commercial liability, including auto, if passed in its current form

CIC Services has promoted Shoshanna Simmons to director of risk and underwriting