Guy Carpenter & Company has been appointed as the sole reinsurance intermediary for the newly formed California Wildfire Fund
Tysers has opened a new office in Bermuda to expand its presence as part of its strategic plan
Michael Maglaras is stepping down as superintendent of Connecticut Crumbling Foundations Solutions Indemnity Company
Roxanne Meyer has left the captive and alternative risks group at CNA Insurance to take on a new position at the firm
Wickshire Pty, a Sydney-based reinsurance and binder broker, has been approved as a Lloyd’s of London Broker
A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Delvag Versicherungs-AG
Peter Halprin has joined Pasich as a partner and will be based in their New York office
The arrangement uses a captive solution with a HSBC-owned insurer in Bermuda and the Prudential Insurance Company of America, reinsuring the transaction, which relates to around half the scheme's pension liabilities
Captives can provide a “unique idea” for retaining captive industry talent, according to Anne Marie Towle of Marsh and Dan Kusaila of Crowe
Blockchain is a very topical issue at the moment, and in Vermont, “we believe that blockchain and other emerging technologies will have a substantial impact on the insurance industry”, according to Vermont’s Ian Davis
The big problem in the Syzygy court case was when the premiums decreased, the taxpayer switched captive managers, which according to Chaz Lavelle, “is what the court was concerned about”
Artex Risk Solutions and other captive insurance providers have secured a victory in a class action lawsuit at the US District Court for the District of Arizona—Phoenix Division