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Risk Strategies snaps up employee benefits duo

Risk Strategies Company has welcomed Kate Genovese and Pauline Sobelman to its employee benefits practice group

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Severe US weather outbreaks cause £3bn in losses

Worldwide economic and insured losses during June were largely driven by several major severe weather outbreaks in the US, according to Aon Benfield’s Impact Forecasting

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ComplianceDNA expands team

ComplianceDNA, the US sister company of FiscalReps, has appointed Olivia Larson as client specialist, effective 1 September

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XL Catlin hires Ochsenkuehn as head of global programmes

Ochsenkuehn joins XL Catlin from AIG with more than 15 years of experience in the insurance industry. Most recently, she was head of knowledge strategy and network guidance

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ILS continues to drive innovation

The insurance-linked securities (ILS) market will continue to drive innovation and efficiency in risk financing for the benefit of protecting buyers and investors, according to Christoph Buerer of Twelve Capital

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CIMA names new deputy insurance supervisor

The Cayman Islands Monetary Authority (CIMA) has appointed Suzanne Sadlier as deputy head of the insurance supervision division

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Malcolm Cutts-Watson to advise Labuan IBFC

Captive expert Malcolm Cutts-Watson has become a member of the international advisory panel for the Labuan International Business and Finance Centre, having been invited by the Labuan Financial Services Authority

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CBL acquires stake in Allied Risk Holdings

CBL Corporation has acquired a 40 percent stake in Allied Risk Holdings, a captive insurance management firm in Dublin, for €1.38 million

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Ratings affirmed for Shell captives

A.M. Best has affirmed the ratings of Solen Versicherungen and Noble Assurance Company, the captives of Royal Dutch Shell

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Barclays bolsters IoM captive team

Barclays has appointed Aaron Hawley as a business banking relationship manager, and promoted James Clegg to captive insurance relationship manager in the Isle of Man

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Crowell & Moring appoints insurance duo

Crowell & Moring has appointed John Sarchio as partner and Richard Liskov as senior counsel to the company’s insurance, reinsurance and corporate groups, based in the New York office

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Owen-Dunn expands captive footprint

Sacramento-based Owen-Dunn Insurance Services has expanded its captive insurance offering, after seeing growing demand from mid-size business owners

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