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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
British Insurance Brokers' Association (BIBA) and the International Underwriting Association of London (IUA) have set out their plans for the UK’s Ogden personal injury discount rate reform in response to a government consultation. 16 May 2017
Insurance
Australian financial services firm AMP said on Aug. 10 that it completed a reinsurance program with Munich Reinsurance Company of Australasia (Munich Re) and General Reinsurance Life Australia (Gen Re). 11 August 2017
Insurance
Specialty insurance holding Navigators Group has promoted Patrick Milner to president of NavTech, succeeding Stephen Coward, who retired at the end of July after more than 15 years with the company. 11 August 2017
Insurance
Specialist insurer Tokio Marine HCC has reached a definitive agreement to acquire the medical stop-loss operations of American International Group (AIG), through its wholly owned subsidiary HCC Life Insurance Company. 3 October 2017
Insurance
Equity analysts from Jefferies have praised the significant cyber and casualty at specialty insurer Beazley in 2017. 28 February 2018
Insurance
Pioneer Underwriters has launched a new business in Latin America. It has opened a regional hub in Mexico City and appointed four senior insurance professionals as senior vice presidents. 8 January 2018
Insurance
The US Federal Emergency Management Agency (FEMA) has increased the amount of reinsurance coverage protecting the National Flood Insurance Program (NFIP) by almost 40 percent. 8 January 2018
Insurance
eReinsure.com, now part of AmWINS Group, will now offer blockchain service linked to its proven reinsurance platform. 8 January 2018
Alternative Risk Transfer
The chairman of the CATCo Reinsurance Opportunities Fund is expecting further rate decreases in the January 2019 renewals following challenging 2018 renewals. 20 August 2018
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