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ProAssurance completes acquisition of NORCAL Mutual
USA analysis
ProAssurance Corporation, the specialty insurer which runs a captive insurance solution called Inova, has acquired NORCAL Mutual, following overwhelming approval from NORCAL’s members.   7 May 2021
ACERS appoints its first female executive director as Zito steps down
Asset management analysis
The Arlington County Employees’ Retirement System (ACERS) has appointed Susie Ardeshir as executive director and chief investment officer.   7 May 2021
Willis Towers Watson launches climate transition accreditation framework
article
Willis Towers Watson has launched an accreditation framework called Climate Transition Pathways (CTP) to help insurance companies and other financial institutions to identify which companies have robust transition plans aligned to the Paris Agreement.   6 May 2021
Executive Appointments
HSBC Life is partnering with dacadoo to help customers improve and maintain their physical, mental and financial wellbeing.   6 May 2021
Actuarial & underwriting
Aon has formed an EMEA M&A and transaction solutions advisory board to support the growth and development of Aon’s M&A practice across the UK and EMEA.   6 May 2021
article
AkinovA, the electronic insurance marketplace that in January became the first new regulated insurance market since Lloyd’s, has named Dennis Mahoney as non-executive chairman of its wholly-owned regulated Bermuda business.   6 May 2021
Actuarial & underwriting
Pinnacle Actuarial Resources has hired Kimberly Fogarty as director of operations.   6 May 2021
article
Paul Scope has joined Corant Global as chairman of its Bermuda operations.   5 May 2021
EMEA analysis
High barriers to entry are making it difficult for innovators in the insurance industry to gain traction in Africa, but cell captives could provide a solution, according to a note from the Centre for Financial Regulation and Inclusion (Cenfri).   5 May 2021
Actuarial & underwriting
The Labuan International Business and Financial Centre (Labuan IBFC) reported healthy growth in premiums for its insurance sector, driven largely by captives as businesses in Asia become increasingly familiar with the advantages of self insurance solutions.   5 May 2021

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