Articles
Insurance
Insurtech startup Marshmallow is fighting broker Marsh’s attempt to block the use of its name, according to a Jan. 18 press release. 18 January 2018
Insurance
Insured losses from Hurricane Barry, the second named storm of the 2019 North Atlantic hurricane season, will not top $500 million, global risk modeling and analytics firm RMS has said. 19 July 2019
Insurance
ZhongAn International, a subsidiary of China's first internet-based insurer ZhongAn Online P&C Insurance, has entered into a technology deal with Japanese re/insurer Sompo Japan Nipponkoa. 27 September 2018
Alternative Risk Transfer
Insurance Australia Group (IAG) has issued its first catastrophe bond; the deal also the first to be domiciled in Singapore, using its new insurance-linked securities (ILS) laws. 27 February 2019
News
Berkshire Hathaway became the world's third-largest reinsurer in 2017 driven by the $10.2 billion American International Group (AIG) deal, pushing Hannover Re and SCOR to fourth and fifth place, respectively, according to S&P Global Market Intelligence. 29 May 2018
Insurance
American International Group (AIG) has appointed Jonathan Wismer as senior vice president, deputy chief financial officer and chief accounting officer. 6 August 2018
News
Insurance Australia Group (IAG), which buys one of the biggest catastrophe reinsurance programmes in the world, has again increased the size of its programme to buy some A$9 billion ($6.3 billion) of coverage for 2019 - A$1 billion more than the year before. 3 January 2019
Insurance
Swiss Re’s unit corporate solutions has appointed Jake Algar as head UK & Ireland, effective May 1, 2018 as the company expand the business. 1 May 2018
Insurance
Efforts to rectify issues in AIG’s core underwriting capabilities appear to be paying off as losses reduce year on year in its 2018 results, with Brian Duperreault, AIG’s president and chief executive officer, predicting the firm will “accelerate our progress in 2019”. 14 February 2019
Insurance
Former Aspen Insurance CEO Stephen Postlewhite has been awarded £852,256 as part of his termination package. 14 May 2018
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