The first humanitarian catastrophe bond covering pure volcanic eruption has been completed using a Guernsey insurance-linked securities (ILS) structure.
AXIS Insurance has named Alex White as senior underwriter for global cyber and technology, and Jeff Bayer as senior underwriter for US cyber and technology.
Shelby Weldon has joined Bermuda International Long Term Insurers and Reinsurers (BILTIR) as executive director, replacing Ronnie Klein who left BILTIR in September 2020.
Risk Strategies, the specialty insurance brokerage and risk management firm, has unveiled a new brand strategy to bring its various divisions together as one holistic brand.
Davies, the specialist professional services and technology business serving the insurance industry, has promoted two of its executives as part of its push for strong organic growth and digital transformation.
Ryan Solomon has been promoted to the position of vice president and general counsel at Arkansas Children’s hospital.
Lance Abbott, the chief executive officer of BevCap Management and director of BevCap Captive Group, has been reappointed as chair of the Captive Insurance Companies Association (CICA) board of directors, having already served in that role for a year.
Chris Knight has taken on a new role as group chief risk officer for Legal and General (L&G).
AXA, Hannover and Willis Towers Watson complete market first longevity swap covering predominantly non-pensioners
AXA UK Group Pension Scheme has executed a £3 billion longevity swap with Hannover Re, the first deal of its kind where over 95 percent of members covered were non-pensioners.
Pinnacle Actuarial Resources has selected topics including usage-based insurance, machine learning and a hypothetical insurance product for professional baseball organisations in the programme for its eighth annual Pinnacle University, which this year will be conducted virtually.