Bermuda-headquartered SiriusPoint is a mid-sized global (re)insurer offering solutions to clients and brokers worldwide

The acquisition follows a series of moves by Risk Strategies to expand its presence in the West Region

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

Kansas has become the latest US domicile to authorise protected cell captive insurance companies after Governor Laura Kelly signed House Bill 2334 into law earlier this month

Verve Risk Services has appointed Gordon Steward as head of forestry, as part of its strategy to grow mid-market managing general agent (MGA) platform