CIC Services launches PortfolioVantage, a tenant legal liability programme that places cover for tenant-caused damage inside a captive insurance company owned by the property organisation.
Marsh appoints Jens Florian-Jansen as head of its insurance practice for Europe, and Matthias Grass as president of Marsh Risk Germany.
Africa Finance Corporation establishes a wholly owned Bermudian subsidiary, AFC Captive Insurance Company, to strengthen its risk management and support the growth of its infrastructure financing across Africa.
SRS Altitude is approved as a Lloyd’s coverholder, the alternative risk transfer underwriting arm of captive manager Strategic Risk Solutions (SRS) says.
Dedicated reinsurance capital is forecast to grow 6 per cent in 2026 to a record US$705 billion, against a reinsurance premium base that contracted approximately 7 per cent in the first half of the year, according to Marsh Re.
Align Risk Solutions appoints Jessica Contreras as captive manager.
The war, terrorism and political violence market faces what is likely to be its first loss-making year since the class was created after the 11 September 2001 attacks, according to Marsh Re.
CapVisor Associates appoints Barry T. Livingston as managing director of business development and client relations.
Aon agrees to acquire USI from KKR and other shareholders for a total purchase price of US$17 billion, or US$16.7 billion net of certain tax attributes.
Guy Carpenter becomes Marsh Re, retiring a reinsurance broking name used for more than 100 years.
Guy Carpenter appoints Justin Ward as chief executive officer of its Pacific business, effective immediately.
ICEYE partners with The Water Institute, bringing the institute’s predictive flood intelligence platform, FloodID, and its core development team to the satellite operator.