AIG has unveiled a new leadership team as two senior execs announce plans to retire.
XL has launched a regional underwriting operation in Scottsdale, Arizona to offer brokers and clients in the Western US local, more direct access to its Excess & Surplus (E&S) insurance coverages.
Brit Insurance has established a consortium to offer first loss limits of up to $250 million of first party coverage.
Over the past two years, around $20 billion of new capital has entered into the reinsurance market.
Over the last 12 months, PERILS, the independent Zurich-based company providing industry-wide catastrophe insurance data, has grown its industry database—and it has plans to grow it further over the coming year.
Willis and Cooper Gay Swett & Crawford (CGSC), along with Ruschlikon UK members, ACE, XL Group and Generali are set participate in the pilot of Xchanging and Deutsche Bank’s Netsett platform.
A landmark ruling by the European Court of Justice (ECJ) is set to bring a huge VAT bill to banks, insurers and other financial services across Europe.
Chubb Syndicate 1882 at Lloyd’s has expanded its offering with the addition of an accident and health (A&H) business.
Allianz has repositioned its commercial property and casualty (P&C) business in the United States.
Arthur J. Gallagher (AJG) has acquired Hagedorn & Company located in New York.