The firm says their arrival comes as the real estate sector grows increasingly complex, with WTW aiming to help clients better manage and mitigate risks across their portfolios
AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) for Sooner Insurance Company, the Vermont-based captive insurer of ConocoPhillips
Piedmont Water Company has filed a lawsuit against the Internal Revenue Service (IRS) in US Tax Court over the disallowance of US$507,000 in tax deductions tied to its captive insurance arrangement
The reinsurer, backed by Polo Insurance Managers, aims to provide investors with access to insurance-linked returns, leveraging Guernsey's regulatory framework and commercial environment
Cowbell has launched Prime One Tech, a combined professional indemnity (PI) and cyber insurance offering tailored for UK technology companies with up to £1 billion in annual turnover
Chaucer Group has launched a new third-party liability (TPL) insurance product with Armilla AI to address the risks of AI system underperformance
Insurtech firm Zhibao Technology has launched a new reinsurance subsidiary, Zhibao Labuan Reinsurance Company, to focus on general reinsurance business outside mainland China
Philipp Rüede has been appointed CEO of SCOR Life & Health (L&H) and member of the group’s executive committee, effective 1 June