incorporated cell company

Artex Capital Solutions, the insurance-linked securities (ILS) market service provider arm of Artex Risk Solutions, has hired Paul Sikuku from Aon to lead its UK Insurance Management Client Service team and work with a range of insurance-linked securities (ILS) clients on risk transformation.

Artex, the captive, alternative risk transfer, insurance-linked securities (ILS) facilitation and capital solutions subsidiary of Gallagher, has announced the launch of its first Vermont protected cell company, named Artex Axcell PCC (Vermont), Inc.

Artex Risk Solutions, the captive, alternative risk transfer, insurance-linked securities (ILS) facilitation and capital solutions subsidiary of Gallagher, has hired Irish Aleria as a Vice President of Insurance Management, ILS.

Artex, the captive, alternative risk transfer, insurance-linked securities (ILS) facilitation and capital solutions subsidiary of Gallagher, has announced that its CEO Peter Mullen is to vacate that position, to become Chairman, and that Gallagher EVP Zeb Holt will transition into the CEO position from July.

Artex, the captive, alternative risk transfer, insurance-linked securities (ILS) facilitation and capital solutions subsidiary of Gallagher, is set to rebrand all of its cell facilities and transformer offering as Artex Axcell, as it seeks to unify the brand proposition across these important market-facing services.

Aon operated Bermuda-based segregated account company White Rock Insurance (SAC) Ltd. has issued another private catastrophe bond in the Japanese Asagao parametric earthquake series, with a $40 million Asagao VII transaction completed recently.

White Rock Insurance (SAC) Ltd. has issued a sixth transaction in the Japanese Asagao private parametric earthquake catastrophe bond series, with a smaller that typical $4.6 million Asagao VI transaction coming to light.

Global insurance and reinsurance broker and advisory Aon has made a number of senior changes within the leadership for its White Rock transformer, fronting and insurance management vehicle.

Aon’s Bermuda domiciled Class 3 and Class C insurer and segregated accounts company White Rock Insurance (SAC) Ltd. has issued a fifth transaction in the Japanese Asagao private catastrophe bond series, with a $16.2 million Asagao V completed.

A fourth Asagao private catastrophe bond transaction has come to light, with the nearly $68 million Asagao IV transaction the latest to be issued by insurance and reinsurance broker Aon’s Bermuda domiciled Class 3 and Class C insurer and segregated accounts company White Rock Insurance (SAC) Ltd.