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Kent Sullivan steps down as Texas Insurance Commissioner to return to private sector
Executive Appointments
Kent Sullivan has resigned as Texas Insurance Commissioner to return to the private sector.   30 September 2020
ICCIE cuts costs and increases benefits for ACI designations
Executive Appointments
The International Center for Captive Insurance Education (ICCIE) has made some changes to the ICCIE CE Subscription programme and the ACI Alumni Network (AAN) to make the maintenance of the Associate in Captive Insurance (ACI) designation more convenient and affordable.   29 September 2020
SIIA to play industry matchmaker with speed mentoring event
Executive Appointments
The Self-Insurance Institute of America (SIIA) has opened registration for a virtual Mentor Connection Forum that is due to be held on November 18-19, 2020.   29 September 2020
Actuarial & underwriting
Bowring Marsh, Marsh’s international placement specialist, has hired Mark Simons as senior vice president on its financial and professional liability (FinPro) placement team.   28 September 2020
article
Brittany Nevins has joined Vermont’s Department of Economic Development as captive insurance economic development director.   28 September 2020
Asia analysis
AM Best has revised the outlook of Samsung Reinsurance (SRE) to negative from stable, noting the business, which is largely providing captive insurance to Samsung, remains sensitive to claims frequency, and to pressure on its combined ratio.   25 September 2020
Bermuda analysis
The Bermuda Captive Conference attracted almost 900 people between September 9 – 11, a record attendance for the event.   24 September 2020
Actuarial & underwriting
Businesses are being visited by the four horsemen of the hardening market, according to Oliver Schofield, managing partner at RISCS and head of captive and alternative risk transfer at Principal Re.   24 September 2020
article
Marsh has appointed Tamara Franklin as chief digital, data, and analytics officer.   24 September 2020
Actuarial & underwriting
Parametric insurance is generating a lot of attention as a flexible and cost-effective alternative to traditional forms of insurance. Captives offer a good way for companies to access this type of insurance, says Sigma’s Lori Ussery.   23 September 2020

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