News
New Captive Models
A large UK pension scheme has completed a £6 billion longevity swap, with Willis Towers Watson and CMS acting as trustees and lead advisers on the deal. 28 April 2021
Bermuda analysis
Insurers should be aware that engaging with third party service providers leaves them exposed to heightened cyber risk, and take steps to mitigate this risk, according to the Bermuda Monetary Authority (BMA). 28 April 2021
Actuarial & underwriting
SiriusPoint has appointed a new senior vice president (SVP) of casualty underwriting with a background in captives, alternative risk management and fronting, as well as casualty treaty reinsurance and runoff. 28 April 2021
Actuarial & underwriting
Hylant has hired Kyle Scharf as a programme coordinator in its global captive solutions team in Indianapolis. 27 April 2021
Law & regulation
Clifford Chance has appointed partners Ashley Prebble in London and Gary Boss in New York as co-heads of its global insurance group. 27 April 2021
Actuarial & underwriting
Willis Towers Watson is preparing for an uptick in the use of captives in coming months, as businesses look to plug holes in their coverage, particularly for risks that have seen the highest rate increases as the market hardens in key lines. 27 April 2021
Actuarial & underwriting
Global Special Risks (GSR), an upstream energy risk-focused managing general underwriter (MGU) and a part of RSG Underwriting Managers, has appointed a new team of directors. 27 April 2021
Actuarial & underwriting
Portfolio has named Kelly Price as executive vice president of strategic ventures, and given her a seat on its board of directors. 26 April 2021
Bermuda analysis
The Bermuda Business Development Agency (BDA) has unveiled a plan to build the world’s foremost climate risk finance industry, to create an industry as important to the island as reinsurance. 26 April 2021
IT & claims management analysis
MAXIS Global Benefits Network (MAXIS GBN), the international employee benefits network, has launched new interactive health and wellness reporting tools for its multinational clients. MAXIS GBN unveiled two interactive dashboards – the OneWorld Visual and the COVID-19 Dashboard - as well as an interactive version of its Paid Claims report. 26 April 2021
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