AIG unveils new leadership; Cowan and Wintrob retire
AIG has unveiled a new leadership team as two senior execs announce plans to retire.
XL launches regional E&S operations
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 launches cyber consortium
Brit Insurance has established a consortium to offer first loss limits of up to $250 million of first party coverage.
$20bn of new capital in 2 years: Guy Carp
Over the past two years, around $20 billion of new capital has entered into the reinsurance market.
PERILS expands windstorm loss database
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 & CGSC to pilot Netsett platform
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.
ECJ ruling to bring million pound VAT costs
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 offers A&H at Lloyd’s
Chubb Syndicate 1882 at Lloyd’s has expanded its offering with the addition of an accident and health (A&H) business.
Allianz restructures US P&C business
Allianz has repositioned its commercial property and casualty (P&C) business in the United States.
AJG acquires retail insurance broker
Arthur J. Gallagher (AJG) has acquired Hagedorn & Company located in New York.
