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Insurance
American International Group (AIG) CEO Brian Duperreault makes his first major move to reshape AIG and position it for profitable growth. 22 January 2018
Alternative Risk Transfer
Mid-year catastrophe reinsurance renewal rate increases are lagging January 1 hikes, notwithstanding mid-year's higher prevalence of loss-impacted accounts and hurricane Irma's continuing modest loss "creep," according to KBW. 25 May 2018
Insurance
The London Market Group (LMG) said on Aug. 8 that it introduced an online service that converts the contents of a paper Market Reform Contract (MRC) – the policy wording – into consistent electronic data that can then be ingested by the carriers’ own systems. 8 August 2017
Insurance
The rating agencies have started to react to the news that Liberty Mutual will acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer. 6 December 2016
Insurance
Specialist insurance and reinsurance market Lloyd's reported pre-tax profits of £1.22bn for the first half of 2017, down from £1.46bn for the same period in 2016. 28 September 2017
Alternative Risk Transfer
Specialist Lloyd's insurer Neon has hired Mark Gibson as reinsurance and alternative capital director, reporting to managing director Ian Martin. 11 July 2017
Insurance
Specialty re/insurer Sompo Canopius has appointed Tim Phillips as credit and political risk underwriter. 11 July 2017
Insurance
Dutch trade credit insurer Atradius has established new offices in Bulgaria and Romania to further expand its international presence. 16 November 2017
Insurance
Hastings Group, the UK driven insurance provider, enjoyed a 5 percent growth in its gross written premiums in the first half of the year and a 22 percent growth in its operating profit. 8 August 2018
Insurance
The administrator of New Zealand-based CBLC, the ultimate parent of CBL group of Companies (CBL group), has recommended the liquidation of the re/insurance company. 15 May 2018
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