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AIG hires Lillelund as Europe CEO
Insurance
American International Group (AIG) has hired Thomas Lillelund to become CEO of its new unit AIG Europe SA.   8 August 2018
Insurance
Pension reinsurance provider Prudential Financial and Aviva Life and Pensions UK have struck their first longevity reinsurance transaction.   8 August 2018
Aspen elevates CUO to lead reinsurance as CEO Lillelund resigns
News
Bermuda-based Aspen has appointed Emil Issavi, president and chief underwriting officer of Aspen Re, to lead its reinsurance business, succeeding CEO Thomas Lillelund.   8 August 2018
Insurance
US property/casualty insurer Travelers Companies' chief financial officer (CFO) Jay Benet, who has held the position since 2002, is stepping down and will be succeeded by Daniel Frey.   8 August 2018
Insurance
Munich Re has grown premium volume by 42 percent year on year to about €3.3 billion in the 1 July 2018 renewals.   8 August 2018
Insurance
San Francisco-based insurtech startup MetroMile has entered into a strategic partnership with Tokio Marine Holdings following a $90 million investment by the Japanese property/casualty insurer and Intact Financial.   7 August 2018
Insurance
Tropical Storm Risk (TSR) predicts 11 named storms, 5 hurricanes, and 1 major (Category 3+) hurricane between the months of June and November of 2018.   7 August 2018
Insurance
Bermuda-based Argo Group grew its US operations by 12.3 percent year on year to $410.0 million in the second quarter of 2018.   7 August 2018
Insurance
Starr Insurance Companies has entered into an agreement to acquire the renewal rights of Aspen Insurance’s aviation business.   7 August 2018
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

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