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Insurance
California-based Alliant Insurance has combined its portfolio of industry-focused specialty insurance practices under one banner to form Alliant Specialty Group, which will be led by Peter Arkley. 13 April 2017
Insurance
Markel Corporation has appointed Glenn Mozingo to the newly-created role of managing director, global insurance business development and corporate account executive. 13 April 2017
Insurance
If hedge fund manager John Paulson leaves the board of AIG as suggested by a media report, this would remove one of the leading advocates of splitting up the insurer, CreditSights analysts wrote in an April 12 note. 12 April 2017
Insurance
New York-based property/casualty insurer AmTrust Financial Services has denied it was the subject of an investigation by the FBI in 2014 with respect to its accounting practices initiated by complaints made by short sellers, as alleged in a Wall Street Journal (WSJ) article dated April 11. 12 April 2017
Insurance
Industrial insurance company HDI Global has strengthened its US engineering lines and construction division with several hires from Generali US, AIG, Starr Companies. 12 April 2017
Insurance
Against a backdrop of an increasingly commoditised market, reinsurers are under greater pressure to restructure and innovate in order to support profitability in a soft market, according to Christian Reber, partner and managing director at Boston Consulting Group. 11 April 2017
Insurance
New York-based property/casualty insurer AmTrust Financial Services has made several executive appointments and promotions, including hiring a new chief accounting officer. 11 April 2017
Insurance
Specialist insurance broker has acquired the US-based property/casualty (P&C) insurance broker Thomas Insurance Agency of Benton to expand its services in the Southern Midwest. 11 April 2017
Insurance
Re/insurance broker Miller has hired Richard Boughton in a business production and broking role to further strengthen and grow its North American MGA business. 11 April 2017
Insurance
With a market steering more towards commoditisation, the value of the traditional reinsurance business model is waning, particularly in North America, where reinsurers are more focused on brokers than in Europe, Christian Reber, partner and managing director at Boston Consulting Group, tells Intelligent Insurer. 11 April 2017
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