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American International Group (AIG) has taken an $836m pre-tax reserve charge in commercial lines in the third quarter of 2017 that also resulted in the company increasing full-year loss estimates, surprising analysts who thought the casualty issues at the company had been addressed. 3 November 2017
News
The partnership between TransRe and Gen Re that will see the former help the latter access the broker markets in the US has been an “unqualified success” the CEO of TransRe’s parent company has stated in relation to the reinsurer’s second quarter results. 4 August 2017
Insurance
Russia presents international insurers and reinsurers with many opportunities for growth and expansion. However, those looking to hitch a ride on the back of the old bear should approach it with caution. 1 October 2012
Insurance
Insurance Australia Group (IAG) has reported a slight dip to its profits for the 1H 2016 at $610 million, compared to $693 million in 1H 2015. 18 February 2016
Insurance
Insurance Australia Group (IAG) has renewed its catastrophe reinsurance programme for 2017 at a similar size to previous years but it has added an additional multi-year dimension to the coverage. 4 January 2017
Awards
Tom Bolt, director, performance management for London’s iconic insurer Lloyd’s, swooped into first place for re/insurance leader of the year with a score of 7.39. 14 September 2014
Insurance
Mexico’s Fund for Natural Disasters (FONDEN) has returned to the insurance-linked securities (ILS) markets to secure coverage against natural catastrophes for the first time since 2012. 7 August 2017
Insurance
Insurance Australia Group (IAG) has appointed Elizabeth Bryan as its chairman, effective 31 March 2016. 18 February 2016
Insurance
Jon Hancock, the managing director of UK commercial at RSA, is set to join Lloyd’s as director of performance management. 10 September 2016
Insurance
LCL Acquisition, the subsidiary of Charles Taylor, has completed the sale of its holding in Bestpark International, an insurance company in run-off, to Ashbrooke Financial Group. 23 February 2016
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