The Florida Bill 516 will have a “devastating impact” on every risk retention group writing commercial liability, including auto, according to the National Risk Retention Association

SRS has appointed Ron Sulisz (pictured left) as its new president effective from 15 May 2023, while Jenny Pooley (pictured right) will become CEO of SRS Cayman

Global insurance company Zurich has exited the Net-Zero Insurance Alliance, one week on from Munich Re’s departure

Risk Strategies has acquired MB&C, a Connecticut-based firm providing insurance placement, financial services, and risk management advice

Skyward's Kirby Hill (pictured) says: "Under Ryan and Amy's leadership, we will accelerate the innovation in the services and the resources our existing and prospective partners can access"

Headquartered in Amsterdam, Stellantis is a manufacturing corporation formed from a cross-border merger between the Italy-American conglomerate Fiat Chrysler Automobiles and the French PSA Group

Cowbell, the provider of cyber insurance for SMEs, has appointed Simon Hughes as general manager to launch its UK operations

Financial solutions provider RISCfp has introduced managed treasury pool notes to enable insurers to diversify or reduce their short-term investment risk as they pledge collateral

Property and casualty (re)insurance firm Sompo International has been granted a Swiss insurance branch licence from the Swiss Financial Market Supervisory Authority

BMS has entered an agreement to acquire a majority share in United Arab Emirates insurance broker Berns Brett Masaood

Mosaic Insurance has appointed Reeva Bakhshi (pictured) as chief financial officer as part of the strategic development of its specialty insurer’s corporate division

The transaction structure is a renewal of a previous novation agreement, with DBL assuming additional policy years