Ahmad, who will start his new position in mid-April, will be responsible for all pricing solutions, driving strategy and development across Verisk.
This partnership marks another step for Cytora in building a comprehensive data ecosystem for the insurance industry, following its collaboration with Chubb and the integration of Large Language Models into its platform.
In the group captive, Artex serves as the captive consultant and manager and also offers claims advocacy.
The transaction, expected to conclude early in the second quarter of 2024, is the largest Canadian universal life reinsurance deal to date.
Pool Re’s proposals to convert its reinsurance arrangements from the current facultative obligatory treaty to an annual aggregate catastrophe excess of loss treaty will take effect in April 2025.
The state licensed 25 new captives and 66 new cells last year, bringing the total to 164 captives and 555 cells, according to data from the Tennessee Department of Commerce and Insurance’s (TDCI’s) Captive Insurance Section.
Based in Bermuda, Edgware Re engages with its members and allows participants to purchase up to US$10 million in insurance or reinsurance based on their needs.
In his new role, Savill will lead Guy Carpenter’s broking operations in the Pacific, focusing on strategic growth and addressing the complex needs of clients.
