Hanover Stone Partners (HSP) has appointed John Capasso, Jerry Ferris and Evan Busman as senior risk advisors to the company’s captive specialty practice, CaptiveGuard

The Lufthansa Group has merged its captive insurance companies Delvag Rückversicherungs-AG (Delvag Rück) and Delvag Luftfahrtversicherungs-AG (Delvag), effective 7 March

Vermont’s Dan Towle is the new president of the Captive Insurance Companies Association

Hiscox has named Shree Khare as group head of catastrophe research

Multinational pooling and captives are being increasingly used to limit the cost of insurable employee benefits globally, according to research by Willis Towers Watson

Captive insurance companies are ‘exempt’ from the new cyber security regulation that came into effect in New York on 1 March

The American Bar Association (ABA) has named Bruce Wright as chair of the captive insurance committee

Julie Page has been named CEO of Aon Risk Solutions in the UK, effective 1 April this year

Arc Legal Assistance has launched a new tax product, offering specialty tax investigation insurance for large and small accountancy firms

A.M. Best has assigned a financial strength rating of “A (Excellent)” and a long-term issuer credit rating of “a” to Split Rock Insurance, located in Bermuda

Hong Kong will become a “world class and leading captive domicile by 2020 with the aim of over five to 10 captives licensed per year and 50 total captives by 2025,” according to the Hong Kong Financial Services Department Council

Pool Re has increased its commercial reinsurance cover to £2 billion, compared to the £1.95 billion of cover previously in place