Taly Russell joins the firm with extensive experience in public accounting and insurance sector finance

The law reduces minimum capital requirements for captives, including a cut from US$500,000 to US$250,000 for pure captives, and from US$1 million to US$500,000 for association captives

Hosted by the Insurance Managers Association of Cayman (IMAC), the forum will take place from 2-4 December at the Ritz-Carlton, Grand Cayman

Anna Kochan-Sonawane joined Zurich in November 2020 as a captive underwriter

SmartStream has announced the expansion of its AI-powered data management platform, SmartStream Air, into the insurance sector

AM Best has affirmed the financial strength ratings of ‘A’ (Excellent) and long-term issuer credit ratings of ‘a+’ (Excellent) for Solen Versicherungen (SV) in Switzerland and Noble Assurance Company in Texas

The 831(b) Institute has joined over two dozen organisations in asking the US Treasury and the Internal Revenue Service (IRS) to withdraw a new rule affecting micro-captive insurance companies

Fitch Ratings has maintained its ‘neutral’ outlook for the European insurance sector at mid-year 2025, citing stable business conditions despite a weaker economic backdrop and increased market volatility

Adrian Daws has been appointed CEO of Hamilton Re in Bermuda, with his current role as CEO of Hamilton Global Specialty in London to be filled by Alex Baker

Tokio Marine HCC has appointed Elizabeth Geary to the newly created role of president and CEO of its North America property and casualty (P&C) business

Based in Bermuda, Transmonde operates as a single-parent captive for its Swiss-listed parent SGS

The Internal Revenue Service (IRS) has reached a settlement with Bruce Molnar, co-founder and majority owner of Alta Holdings, over the promotion of micro-captive insurance arrangements