Articles
Insurance
US-based global insurance broker AmWINS Group has hired industry veteran Robert Petrilli as president of the firm’s underwriting division. 7 August 2018
Insurance
Twin wildfires in California, known as the Mendocino Complex Fire, have grown to become the largest active wildfire in state history, BBC News reported citing officials on Monday (Aug. 6). 7 August 2018
Insurance
American International Group (AIG) has appointed Jonathan Wismer as senior vice president, deputy chief financial officer and chief accounting officer. 6 August 2018
Insurance
Everest Insurance has appointed Jessica Mann to its surety team as vice president, commercial surety lead, working in the company’s Houston office. 6 August 2018
Insurance
Despite AIG’s general insurance having reported an underwriting loss for the second quarter of 2018, group CEO Brian Duperreault remains optimistic that the company will be able to deliver an underwriting profit when exiting 2018. 6 August 2018
News
Berkshire Hathaway Reinsurance Group made a profit in the second quarter of 2018 as performance in both property/casualty (P&C) as well as life/health (L&H) underwriting improved. 6 August 2018
Insurance
The deal with The Carlyle Group will make it easier for AIG to divest the rest of its DSA Re legacy portfolio, AIG CEO Brian Duperreault said during the group’s second quarter earnings call. 6 August 2018
Insurance
American International Group (AIG) has reported an underwriting loss for its general insurance operations in the second quarter of 2018 as the loss ratio deteriorated. 3 August 2018
Insurance
Swiss Re has significantly increased its earnings in the P&C reinsurance business in the first half of 2018 due to a “strong” underwriting performance supported by a benign large loss experience. 3 August 2018
News
TransRe’s net premiums written in the 2018 second quarter were roughly flat with the comparable prior year period as a result of higher ceded premiums written due to an increase in retrocessional coverage purchased in 2018, the company said while presenting second quarter results. 3 August 2018
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