The Cayman Islands Monetary Authority (CIMA) issued five new international insurance licences in the first quarter of 2025
Marsh has launched CyberShore Bermuda, a new excess cyber insurance facility offering streamlined service and enhanced protection for its clients
XN Captive has rebranded as Luzern Risk and secured US$12 million in Series A funding from Caffeinated Capital to support its mission of digitising captive insurance for the underserved middle market
Marsh Specialty UK has appointed Jonathan Prinn as chief business officer
The 831(b) Institute has called on the Internal Revenue Service (IRS) to extend the deadline for new reporting regulations under Section 831(b) of the Internal Revenue Code
BMS Group has named Jean-Jacques Henchoz as chairman of the board, effective from 1 May
Willis, a WTW business, has launched ProXS, a new professional indemnity solution offering a CCY40m capacity for professional firms
Global insurers face rising regulatory costs linked to structural shifts in the life sector, climate change and AI as industry supervisors intensify their response to mounting risks, according to Fitch Ratings
