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Insurance
AXA executive Todd Solash has left the company a month after being promoted to join the American International Group (AIG) as president, individual retirement. 14 February 2017
Insurance
Bermuda-based Ironshore Specialty Casualty has launched a new oil and gas facility offering liability coverages for on-shore middle market energy classes in the US, with annual revenues between $5 million and $200 million. 14 February 2017
Insurance
Arch Insurance, a member of Arch Capital Group, has appointed Greg Johnson in the US as vice president of business development for travel. 14 February 2017
Insurance
Former AIG boss Maurice “Hank” Greenberg has reiterated and reaffirmed publicly that he did absolutely nothing wrong while at the helm of the company. 14 February 2017
Insurance
SCOR Global Life has made several promotions in the US with immediate effect, including chief actuary, COO and head of US markets. 14 February 2017
Insurance
Former AIG boss Maurice “Hank” Greenberg, along with former chief financial officer Howard Smith, have agreed to settle a 12-year old $9 million securities fraud case. 13 February 2017
Insurance
US health insurer Anthem is appealing against the Department of Justice’s decision to block the proposed merger with its rival Cigna but analysts see little chance of success. Instead, Cigna may look for other potential acquisitions to grow. 13 February 2017
Insurance
Cincinnati Insurance Companies has renewed its Skyline Re catastrophe bond as a private placement and expanded its indemnity-based collateralised reinsurance coverage by raising $180 million with the help of JLT Capital Markets (JLTCM). 13 February 2017
Insurance
Re/insurance broker Aon plans to deploy a significant part of the proceeds from the $4.3 billion sale of its outsourcing platform to acquisitions, executives said during a Feb. 10 results presentation. 13 February 2017
Insurance
Aon has signed a definitive agreement to sell its benefits administration and HR business process outsourcing (BPO) platform for a cash consideration of $4.3 billion to Blackstone, a private equity and alternative asset management corporation. 10 February 2017
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