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China in November 2017 announced it would lift the current foreign ownership cap for life insurance companies to 51 percent in 2020 and remove the limit altogether two years later. Other segments of the financial industry will see their limits relaxed even earlier. The limits for fund management companies and for securities ventures will be raised this year to 51 percent, then completely removed in three years, whereas banks

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Artex Risk Solutions, a provider of insurance, reinsurance, and alternative risk management solutions, in March 2019 announced that Peter Mullen has re-joined the company as Chief Executive Officer (CEO). He takes over from former CEO David McManus, who will assume the new role of Chairman going forward. Mullen has been CEO at Aon Captive & Insurance Management for the last seven years, and will begin his position with Artex

B3i raised about $16 million in February 2019, bringing its total capital to over $22 million. B3i is a blockchain startup owned by some of the world’s largest insurance companies. Slightly more than half of the new capital came in the form of cash, with the rest coming as converted debt. B3i had previously raised 6.3 million Swiss francs in March 2018. B3i’s founding shareholders include Aegon, Allianz, Munich

HX Global, the Americas division of Healix International, in March 2019 appointed Tim Crockett as senior vice president, U.S. Business Operations. Crockett joined HX Global in 2016 as vice president of security. In that role, he was tasked with designing and providing security and risk management solutions for multinational organizations. Prior to joining HX Global, Crockett worked as senior director of global security operations for media conglomerate Turner. He

Alliant Insurance Services in March 2019 announced it had added Lee Doble as Consultant as of January 2019. He is based in Huntington Beach, California. He comes to Alliant from Crystal and Company, where he spent eighteen years as Managing Director. Prior to that, Doble was Managing Director at Frank Crystal & Co., Inc. for twelve years, and a senior account executive at Aetna for over thirty years. Doble
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