Willis, a WTW business, has appointed Dom Spinelli as head of transactional insurance claims for North America

Liberty Mutual Insurance has elected Timothy M. Sweeney as chairman of the board of directors to succeed David H. Long, who is retiring as chairman and director

The Cayman Islands Monetary Authority (CIMA) issued five new international insurance licences in the first quarter of 2025

Marsh has launched CyberShore Bermuda, a new excess cyber insurance facility offering streamlined service and enhanced protection for its clients

XN Captive has rebranded as Luzern Risk and secured US$12 million in Series A funding from Caffeinated Capital to support its mission of digitising captive insurance for the underserved middle market

Marsh Specialty UK has appointed Jonathan Prinn as chief business officer

The 831(b) Institute has called on the Internal Revenue Service (IRS) to extend the deadline for new reporting regulations under Section 831(b) of the Internal Revenue Code

BMS Group has named Jean-Jacques Henchoz as chairman of the board, effective from 1 May

Willis, a WTW business, has launched ProXS, a new professional indemnity solution offering a CCY40m capacity for professional firms

Global insurers face rising regulatory costs linked to structural shifts in the life sector, climate change and AI as industry supervisors intensify their response to mounting risks, according to Fitch Ratings

AM Best has revised its under review status for NASW Insurance Company (NASWIC), a captive insurer wholly owned by the National Association of Social Workers (NASW), shifting the outlook from developing to ‘negative’

Lion Re is a Bermuda-based captive reinsurer assuming risks from ASSA Tenedora affiliates for property, auto, liability, marine, group life, health and miscellaneous businesses