Hyperion X Analytics, the analytics and advisory division of Hyperion Insurance Group, has hired Mark Shumway as head of advisory. He specialises in captive strategy, as well as re/insurance capital management, rating agency advisory, shareholder value, regulatory capital and fundraising.
Fiji is considering allowing captive insurance frameworks to operate in its market, according to Ariff Ali, the governor of the Reserve Bank of Fiji (RBF).
The Astana Financial Services Authority (AFSA) has issued a license to the Kazakhstan Energy Reinsurance Company (KERC) to operate as a captive insurance company in Kazakhstan.
The Association of Mutual Insurers and Insurance Cooperatives in Europe (Amice) has called for more effective use of proportionality in the application of Solvency II rules.
Gemini Trust Company, a cryptocurrency exchange and custodian, has launched a captive insurance company, Nakamoto, in Bermuda.
Risk Strategies has acquired Academic HealthPlans (AHP), a creator and administrator of health insurance plans that colleges and universities make available to students.
The Captive Insurance Companies Association has named the three finalist teams in its Captive Insurance Solutions for Emerging Industries essay contest.
Cyber is the most important business risk facing businesses in 2020, according to the Allianz Risk Barometer.
RKH Specialty has appointed Richard Putnam as divisional director for healthcare.
Alera Group, the Illinois-based employee benefits, property and casualty, retirement services and wealth management firm, has acquired Sylvia Group, which provides insurance, employee benefits and financial planning advice.