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Insurance
Commercial and industrial property insurer FM Global has moved three of its senior leaders, Michael Lebovitz, James Galloway and Derry Johnson, to new roles within the company. 18 May 2017
Insurance
Mergers and acquisitions (M&A) activity will pick up in 2017 across all insurance sectors, driven, among others, by soft market conditions and insurers seeking scale, according to a study by Conning. 17 May 2017
Insurance
Large-scale ransomware attacks, such as the ‘WannaCry’ on May 13-15, are highlighting the vulnerabilities in companies’ IT systems, which is in turn likely to increase the demand for related insurance protection. But Fitch Ratings warns insurers against aggressive expansion. 17 May 2017
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, has appointed Gabe Levitt as executive vice president. 17 May 2017
Insurance
Beazley, a provider of specialist environmental liability insurance, has increased its capabilities with the hire of two new environmental underwriters in the US. 17 May 2017
Insurance
AXA has appointed Joyce Phillips as CEO of a new business unit dedicated to customer innovation and new business models. 17 May 2017
Insurance
Cyber insurance is one of the fastest growing business segments, but poses a unique set of challenges, as proved by the recent global ‘WannaCry’ cyber attack which hit more than 150 countries and affected computers in factories and hospitals. Intelligent Insurer explores four threats making insurers rethink their coverages and general approach to cyber. 17 May 2017
Insurance
The new CEO of US insurance giant American International Group (AIG) Brian Duperreault wants to grow the insurer through new technology and dismisses a break-up of the company which had been demanded by some investors. 16 May 2017
Insurance
Brian Duperreault, the new president, CEO and director of American International Group (AIG), explained that he left the Bermuda-based Hamilton Insurance Group to fix issues at AIG which was recently hit by large losses, impacting investors’ confidence. 16 May 2017
Insurance
Bermuda-Based specialty lines re/insurer AXIS Capital Holdings has appointed James Martin and Russ Madore as vice presidents of US programs, within its property/casualty team. 16 May 2017
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