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Alternative Risk Transfer
American International Group (AIG) CEO Brian Duperreault is in the process of reducing volatility of the company’s portfolio and insurance-linked securities (ILS) capabilities acquired through the Validus takeover are expected to help to reach this goal. 6 September 2018
Insurance
Bermuda-based re/insurer Sompo International Holdings is launching a global financial and professional lines platform encompassing insurance and reinsurance capabilities. 6 September 2018
Insurance
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has hired former Guy Carpenter head of innovation and product development Don Mango. 6 September 2018
Insurance
Wildfires swept through Northern California’s world-famous wine country, destroying homes and businesses, Reuters reported on Oct. 9. 10 October 2017
Insurance
Specialty insurance company ProAssurance Corporation has unveiled leadership changes following the retirement of Howard Friedman, president of healthcare professional liability. 22 February 2019
Insurance
AXA XL Risk Consulting has partnered with Expert System, a specialist in the use of artificial intelligence (AI), to help its underwriters make better decisions to when assessing property risk engineering risks. 10 January 2019
Insurance
Japanese conglomerate SoftBank is seeking to join Swiss Re’s board as it negotiates the acquisition of a minority stake in the reinsurer, according to a Feb. 18 Financial Times report. 19 February 2018
Insurance
Germany-based Allianz Group has signed an agreement to acquire 8 percent in African Reinsurance Corporation (Africa Re) for a total amount of $81 million. 30 May 2018
Insurance
Germany-based insurance group Allianz is consolidating its European direct business by establishing a new pan-European risk carrier and has appointed Bart Schlatmann CEO of this operation. 31 August 2018
Insurance
Lloyd’s said that after taking specialist advice it believes that Lloyd’s underwriters are well positioned to write Canadian cannabis business subject to compliance with local Canadian requirements. 31 August 2018
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