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GC selected as sole reinsurance advisor for California Wildfire Fund

Guy Carpenter & Company has been appointed as the sole reinsurance intermediary for the newly formed California Wildfire Fund

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Tysers opens new Bermuda office

Tysers has opened a new office in Bermuda to expand its presence as part of its strategic plan

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Maglaras steps down as superintendent of crumbling foundations captive

Michael Maglaras is stepping down as superintendent of Connecticut Crumbling Foundations Solutions Indemnity Company

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Roxanne Meyer leaves CNA's captive and alternative risks group

Roxanne Meyer has left the captive and alternative risks group at CNA Insurance to take on a new position at the firm

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Wickshire approved as Lloyd’s broker

Wickshire Pty, a Sydney-based reinsurance and binder broker, has been approved as a Lloyd’s of London Broker

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A.M. Best affirms Lufthansa’s first class captive ratings

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Delvag Versicherungs-AG

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Halprin joins Pasich’s New York office

Peter Halprin has joined Pasich as a partner and will be based in their New York office

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Aon advises HSBC Bermuda on £7 billion longevity swap

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

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VCIA: Captives provide ‘unique idea’ for retaining captive talent

Captives can provide a “unique idea” for retaining captive industry talent, according to Anne Marie Towle of Marsh and Dan Kusaila of Crowe

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Blockchain to have ‘substaintial’ impact on insurance industry

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

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VCIA: Lavelle shares his views on Syzygy’s court case

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”

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Artex granted motion to dismiss class action lawsuit

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

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