Sedgwick completes acquisition of York Risk Services
Sedgwick, the provider of technology-enabled risk, benefits and integrated business solutions, has completed its acquisition of York Risk Services Group.
Chubb unveils next generation of workplace benefits
Chubb Workplace Benefits has unveiled its next generation of group critical illness and accident products that includes benefits for diabetes, cancer and telemedicine services.
AXA XL hires US underwriter for structured risk solutions
AXA XL, the property and casualty and specialty risk division of AXA, has named Austin Su as US underwriting lead of its structured risk solutions (SRS) business, part of the global alternative risk transfer group.
Willis Towers Watson expands its benefit financing team in New York
Willis Towers Watson has expanded its benefit financing team in North America with the appointment of Paul McNiff as director in its global services and solutions consulting business in the New York office.
NCCIA appoints new chairman
The North Carolina Captive Insurance Association has named Lea Riddle as its new chairman.
CIC vows to take IRS battle to the Supreme Court
CIC Services has warned the Internal Revenue Service that its battle against the tax authority’s “abuse of law-abiding taxpayers is not over,” vowing to take its case all the way to the Supreme Court.
Capsicum Re and Swiss Re unveil cyber reinsurance platform
Capsicum Re and Swiss Re have teamed up to launch Decrypt, a new holistic cyber reinsurance platform. It provides a single end-to-end solution to insurers’ cyber exposure challenges, including embedded, silent, and affirmative cyber risks.
US Court of Appeals declines to review CIC case against IRS
The US Court of Appeals for the Sixth Circuit has declined to review the case of CIC Services versus the Internal Revenue Service (IRS), which was found in favour of the IRS in 2017.
Economic substance regulation could spell trouble for offshore captives
Economic substance regulation enacted to appease the EU is undermining the business case for offshore captives, according to Mark Chudleigh, a partner at Kennedys in Bermuda.
Holmes Murphy strengthens team in Minneapolis
Independent brokerage Holmes Murphy has named Nate Hughes as account executive in the Minneapolis property casualty team.
