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Insurance
Munich Re has agreed to purchase an additional 11 percent of the shares in Global Aerospace Underwriting Managers, taking its stake to 51 percent. 15 December 2017
Insurance
Broker Aon has appointed Andrew Matson as leader of its newly formed global portfolio broking team within the reinsurance solutions business. 4 July 2018
Insurance
Hurricane Maria, the second major storm to hit the Caribbean this month, crept toward the US Virgin Islands and Puerto Rico after it ripped through the small island nation of Dominica, causing widespread devastation, according to a Reuters report. 19 September 2017
Insurance
AXIS Insurance, a business segment of Bermuda-based AXIS Capital Holdings, has promoted Nicole Lim to deputy chief underwriting officer, Singapore. 8 January 2018
Insurance
Aspen CEO Christopher O’Kane suggested that senior management will be allowed to stay as he is replaced with Brit chairman Mark Cloutier when Apollo takes control. 2 October 2018
Insurance
Catastrophe losses fail to stop “strong” net income and core earnings in 2018 for The Hartford, said its chairman and CEO Christopher Swift in the firm’s year end results. 5 February 2019
Insurance
American International Group (AIG) has rehired Mark Lyons as senior vice president and chief actuary, general insurance. 15 May 2018
Insurance
Private US property/casualty insurers saw catastrophe losses suppressing the industry's net income after taxes to $36.1 billion in 2017, a 15.8 percent decline from a year earlier, according to Verisk unit ISO. 15 May 2018
Insurance
US-based Hartford Financial Services Group has unveiled a new operating model and organisational structure that will be effective once it has finalised its acquisition of the Navigators Group. 4 February 2019
Insurance
Insurers have received nearly 45,000 insurance claims totalling more than $11.79 billion in losses from the wildfires that burned across the state in October and December 2017, according to insurance commissioner Dave Jones. 1 February 2018
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