DARAG Group has appointed a new group head of capital management.
Highmark Health has hired a new chief investment officer to replace Dennis Cronin, who is set to retire by the end of 2021.
Lisl Lewis has left London and Capital, the wealth manager that manages assets for captive insurers primarily in Barbados, Cayman and Bermuda.
Maple Capital Management, which provides investment management services to captives and other insurers and institutions, has strengthened its portfolio management team.
The Arlington County Employees’ Retirement System (ACERS) has appointed Susie Ardeshir as executive director and chief investment officer.
The Guernsey Financial Services Commission (GFSC) is considering introducing a lower risk weighting for green investments held by life insurers on the island.
Captives and other insurance companies should take a global view when looking for investment opportunities, and not be limited to investing in Europe and the US.
Alan Quilter, Randall & Quilter’s chief executive, has sold his interest in 250,000 ordinary shares in the company.
On March 9 equity markets suffered some of their worst days of trading since 2008, leaving captives with large equity positions in their investment portfolios facing the prospect of heavy losses.
The University of California's (UC) investment assets under management - including its captive insurers Fiat Lux and UC Health RRG - grew substantially in the fiscal year ending June 30, 2018, with the captive assets reaching almost $1 billion.