News

Insurance

Swiss Re, AIG, Chubb, Lloyd’s and 7 other insurers named in DAE lawsuit

DAE lost 19 aircraft to Russian appropriations and wrote $576.5m charge.   4 November 2022

Insurance

Ardonagh unit buys UK firm to meet clients’ needs in hardening market

The acquisition will further broaden Ardonagh Advisory’s range of services in the UK.   4 November 2022

Insurance

Egypt mulls creating new nat cat pool to counter climate risk

It is working with large reinsurers/brokers to develop a more climate-resilient economy.   4 November 2022

Insurance

Tysers swoops on Ed Broking to expand treaty portfolio in Middle East

The new hire has nearly 20 years of insurance broking and underwriting experience.   4 November 2022

Insurance

Leasing giant Avolon opens case against Lloyd’s & 12 insurers over Russian aircraft

Chubb, HDI Global, Swiss Re, Axis, Generali, SCOR & AIG join the ring of defendants.   4 November 2022

Insurance

WTW taps 24-year company vet for US Midwest leadership role

The appointee has held various roles of increasing responsibility within WTW.   4 November 2022

Insurance

Fairfax buys $734m more stake in Allied World; swings to loss in Q3

The Canadian carrier now owns 82.9% stake in its subsidiary.   4 November 2022

Insurance

Lloyd’s members keep up the bidding, buy next £77m in capacity auction

Beazley, Tokio Marine, Argenta, Lancashire syndicates all in play.   4 November 2022

Insurance

Gallagher snaps up Irish broker in expansion move

AJG seeks to enhance growth opportunities and bolster its presence in Ireland.   4 November 2022

Insurance

AIG appoints former Goldman Sachs/Credit Suisse and GE leaders to board

The insurer’s lead independent director has decided not to stand for re-election.   4 November 2022

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