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AXIS closes market’s first 144A cyber catastrophe bond
29 November 2023
UK Reporter Frances Jones

It provides several of the company’s subsidiaries with fully collateralised indemnity reinsurance protection for systemic cyber events on a per occurrence basis

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Consultation for UK captive regime set to launch in spring 2024
22 November 2023
UK Reporter Frances Jones

According to Treasury chancellor Jeremy Hunt’s Autumn statement

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Redline Underwriting adopts Moody’s RMS risk modeller platform
22 November 2023
US Reporter Frances Jones

Moody’s RMS will work with Redline to help onboard the platform and application

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Marsh McLennan launches Gen AI tool
22 November 2023
UK Reporter Frances Jones

The tool, named LenAI, was developed by Marsh McLennan’s Dublin Innovation Centre

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Arbol appoints Pro MGA for UK launch
21 November 2023
US Reporter Frances Jones

Arbol is launching a new London-based MGA which will serve international markets outside the US

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State of California and the IRS targeting taxpayers claiming captive insurance deduction
20 November 2023
US Reporter Frances Jones

Both agencies are investigating schemes where taxpayers engaged in transactions that were viewed as “exploiting the tax code for financial gain”

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RYSKEX launches RYSKEX Consulting for parametric risk
17 November 2023
US Reporter Frances Jones

Operating as a fintech-as-a-service entity, the unit will offer AI-based advisory services focused on utilising a cell in its sponsored cell captive

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