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Insurance
Insurer American International Group’s (AIG) profits plummeted in the second quarter of 2015 on the back of lower capital gains and poor performance in its property and casualty business line. 4 August 2015
Insurance
American International Group (AIG) has announced its mortgage insurance business United Guaranty Corporation (UGC) obtained $298.6 million of indemnity reinsurance from Bellemeade Re II, a special purpose insurer, for a portfolio of mortgage insurance (MI) policies issued in 2008 and prior years. 10 May 2016
Insurance
Barbican Protect, the UK insurance arm of Barbican Insurance Group, has appointed Richard Smith as a property package underwriter. 1 March 2017
Insurance
Ironshore Insurance Singapore branch said on Oct. 19 that it is increasing the capacity for political risk business lines within the Political Risk & Trade Credit unit as demand grows. 19 October 2017
Insurance
Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has appointed Jeff Engelbrecht as a senior executive within the energy team. 14 June 2017
Insurance
US-based Ryan Specialty Group (RSG) has formed its first specialty financial lines managing general underwriter (MGU) focused on Latin America, and has hired Pascal Alvarez and David Gonzalez to lead the operation. 11 July 2017
Insurance
Broker Willis Group and US insurer American International Group (AIG) have launched Evergreen, an automatically renewing insurance policy for mid-market clients. 3 September 2015
Insurance
American International Group (AIG) has appointed Stuart Sutherland as UK head of casualty. 21 May 2015
Insurance
American International Group (AIG) has agreed to acquire Laya Healthcare, Ireland’s second largest health insurance provider. 21 January 2015
Insurance
Robert Bensmosche, the former president and chief executive officer (CEO) of AIG, passed away on February 27, 2015 after battling lung cancer since 2010. 2 March 2015
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