Clarke will join the board on 1 June and will succeed interim chair Colin Keogh, who is stepping down from the board the following month
Josh Miller, CEO of KeyState Captive Management, has been elected as NCIC president, while Renea Louie, CEO of Sotera Global Management, has been re-elected as secretary
Novel’s business model combines fee-based income from insurance services with underwriting performance from its carriers
Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hui, promoted the city’s new re-domiciliation regime to Canadian insurers, including captives, during his visit in Toronto
Bayes Business School has signed a three-year education agreement with the Saudi Insurance Authority to support the development of insurance and actuarial expertise in the country
AM Best has assigned a financial strength rating of ‘B++’ (Good) and a long-term issuer credit rating of ‘bbb+’ to Berkeley Re, single-parent captive of Mondelez International
Global specialty (re)insurer SiriusPoint has appointed Philip Enan as chief strategy and corporate development officer
AM Best has affirmed the financial strength ratings of ‘A’ (Excellent) and long-term issuer credit ratings of ‘a+’ (Excellent) for BNY Trade Insurance and The Hamilton Insurance Corporation