RxPharmacy Assurance has introduced a stop-loss supplement to manage high-cost specialty drug risk, which is now fully available to brokers and their self-funded employer clients across the nation

Greater Bay Re, the first authorised special purpose insurer in Hong Kong, has inaugurally issued insurance-linked securities in the form of a catastrophe bond

Strategic Risk Solutions has appointed Richard Paris-Smith as European client service leader, effective 1 January 2022

2020 marked “a year of historic growth for captives”, according to Marsh Captive Solutions’ annual Captive Landscape Report

Richard Smith has served as the president of the association since 2009 and is set to complete his tenure with VCIA to create space for new leadership

James River Group Holdings has entered two principal operating subsidiaries into a loss portfolio transfer reinsurance transaction with Aleka Insurance, a wholly-owned captive insurer of Uber Technologies

A federal judge has issued a ruling temporarily forbidding the Internal Revenue Service from enforcing Notice 2016-66 against CIC Services, pending final resolution of the case

BMS Re has launched operations in Brazil under BMS Brasil Corretora de Resseguros

Beazley has appointed Bob Quane as chief underwriting officer, effective 11 October

Randall and Quilter Investment Holdings has appointed Andrew Pinkes as global CEO of its legacy insurance business, effective 1 October

Reinsurers may be underestimating their exposure to natural catastrophe risk by as much as 50 per cent, according to S&P Global Ratings

The European Commission’s proposal to lower Solvency II capital charges for longer-term business will benefit the European insurance sector’s burgeoning interest in ESG investments, according to Fitch Ratings