Articles

Insurance

AIG’s Duperreault says ‘strong’ Q2 2019 results supported by ‘foundational changes’ at insurer

Insurer AIG reported “strong” income growth in its Q2 2019 results with its CEO pointing to the company’s 2017 decision to restructure its business into three units - operating under a General Insurance business unit, a Life and Retirement unit, and a standalone technology unit.   8 August 2019

Insurance

AIG sells $502.5m in Arch shares

AIG is selling 5,674,200 shares in Arch Capital Group with a total value of $502.5 million.   13 March 2018

Insurance

Hot Asia M&A insurance market drives prices

Asia’s mergers & acquisitions (M&A) market is a “very hotly contested area” and this is driving prices up, Aviva Asia chief strategy officer Alex Kimura, told AM Best.   13 March 2018

Insurance

R&Q writes $70m adverse development cover

Randall & Quilter Investment Holdings (R&Q) has issued adverse development reinsurance covering medical professional liability and general liability risks providing $70 million of coverage to a US domiciled Risk Retention Group (RRG).   12 March 2018

Insurance

Marsh president steps down; successor named

Marsh has recruited Martin South as president of its US and Canada division.   22 July 2016

Insurance

Generali posts increased profits and solid growth in first nine months

Profits at Italian insurer Generali soared in the first nine months of 2018 boosted by a number of factors including disposals; it also enjoyed strong growth in both its property/casualty and life units.   8 November 2018

Insurance

r10 Consulting partners with Northern Ireland insurtech

London insurance market based consultancy r10 Consulting has entered into a strategic partnership with Alchemy Technology Services, a Northern Ireland-based insurance technology provider.   8 November 2018

Insurance

Chubb hires AXA US CEO Miller for Continental Europe

Insurer Chubb has hired the former US president and CEO of AXA Insurance Company for a newly-created role in Continental Europe.   18 September 2018

Insurance

Microinsurance consortium adds ninth member

ASSA Compañía Tenedora is the ninth member joining Blue Marble, a consortium of insurers and reinsurers focused on providing insurance to the 2 billion people around the world facing financial protection gaps.   8 March 2018

News

Guy Carpenter names new head of credit, bond and political risk practice

Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has promoted Gregory King-Underwood to head of the credit, bond and political risk practice of Guy Carpenter International.   25 July 2018

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