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

South Africa’s Prudential Authority has fined energy captive Escap SOC R5 million for breaching section 167(1) of the Financial Sector Regulation Act 9 of 2017

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit of “a-” (Excellent) of KW Specialty Insurance

Arch Insurance has acquired insurtech platform Thimble to expand its suite of digital solutions for small business insurance

Corvus Insurance has launched a new programme with Core Specialty to support the expansion of its E&O and cyber product

BIBA has partnered with Lloyd’s of London as part of a wider effort to help drive technological innovation and insurance solutions

CAC Specialty has formally launched its healthcare division and appointed J. Kevin Carnell as its executive chairman

The U.S. Treasury Department and IRS have issued proposed regulations to identify certain micro-captive transactions as "listed transactions" and "transactions of interest"