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Insurance
The Association of British Insurers (ABI) called the latest increase in the government’s Insurance Premium Tax (IPT) to 12 percent coming into effect on June 1 a continuation of the ‘raid on the responsible’. 31 May 2017
Insurance
Italy’s major insurer Assicurazioni Generali said that it has sold 510 million of ordinary shares of Intesa Sanpaolo, equal to 3.04 percent of its overall share capital, which it had bought in January to fend off a possible hostile takeover from the retail bank. 31 May 2017
Insurance
Analysts have expressed optimism about the outlook for American International Group (AIG) after it implemented steps to improve performance and changed management. 31 May 2017
Insurance
US-based property/casualty insurer The Hanover Insurance Group has elected Michael Price to its board of directors. He will serve on the board's audit committee. 31 May 2017
Insurance
Specialist insurer Markel International has appointed Hannah Purves and Simon Wilson to the boards of Markel Syndicate Management and Markel International Insurance Company. 31 May 2017
Insurance
Insurance Thought Leadership (ITL), a global network of thought leaders and decision makers, has appointed Guy Fraker as chief innovation officer. 31 May 2017
Insurance
Zurich Insurance Group said that it is combining its specialty products business with commercial insurance in North America as part of its strategy to simplify the organisational structure, and provide easier access to its products and services. 26 May 2017
Insurance
US-based property/casualty insurer The Hanover Insurance Group has appointed Bryan Salvatore as executive vice president and president of specialty. 26 May 2017
Insurance
New York-based insurance holding company AmTrust Financial Services said that it plans to raise gross proceeds of $300 million through a private placement. 26 May 2017
Insurance
The Hartford, a US-based property/casualty (P&C) insurance firm, has named David Firstenberg as chief underwriting officer for its P&C businesses, reporting to president Doug Elliot. 26 May 2017
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