Guernsey is geared up for growth in the captives space.
Steven Crabb, CEO at Davies Insurance Services, believes the recent merger between Marsh and JLT is an opportunity for his company to pick up business from disaffected captives.
AXA XL has launched a local captive practice in Canada, which will be led by Alonso Tello, which the company said came in response to growing demand for captive and alternative risk transfer in the country.
Anne Marie Towle has joined Hylant as senior vice president, responsible for growing the global captive solutions business.
Risk Strategies, an insurance brokerage and risk management firm, has acquired Risk Management Advisors (RMA), a firm that designs and administers captive insurance programs and self-insured plans for companies in a variety of industries.
Randall & Quilter Investment Holdings, the specialist non-life legacy insurance investor and capacity provider to the US and European MGA business, reported profit after tax of $32.6 million for the six months ended 30 June 2019. This represented a massive increase on the $5 million it generated in the same period in 2018.
BPL Global, the credit and political risk insurance broker, has named Gregory King-Underwood as director and head of global reinsurance and portfolio solutions.
Sedgwick, the provider of technology-enabled risk, benefits and integrated business solutions, has completed its acquisition of York Risk Services Group.
Chubb Workplace Benefits has unveiled its next generation of group critical illness and accident products that includes benefits for diabetes, cancer and telemedicine services.
AXA XL, the property and casualty and specialty risk division of AXA, has named Austin Su as US underwriting lead of its structured risk solutions (SRS) business, part of the global alternative risk transfer group.