News

Insurance

AIG’s leaving CEO Hancock denied 2016 bonus, gets $5m for transition period

American International Group’s (AIG) leaving CEO Peter Hancock was denied a bonus for 2016 after the company recorded a $3 billion net loss for the fourth quarter of 2016.   20 March 2017

Insurance

Los Angeles wildfires could cost insurers up to $10bn: JPMorgan

Arch Capital and RenaissanceRe are most exposed reinsurers, says US bank.   9 January 2025

Insurance

AXA XL creates dedicated middle market and wholesale cyber insurance teams

The new teams will join its complex and large commercial cyber divisions.   26 July 2024

Insurance

Tokio Marine to enter US excess casualty market with Liberty Mutual veteran

New offering to provide insureds with new capacity as limit retrenchment continues.   16 October 2024

Insurance

Victor snares Marsh executive to spearhead ‘unique’ Dutch business

The appointee boasts 30 years of diverse insurance and insurtech experience.   7 June 2024

Insurance

Top re/insurance executive moves of 2022

Who were the biggest movers and shakers this year, and why?   20 December 2022

Insurance

Marsh names new chair to expand business across UK & Ireland

The appointee has held many senior roles including CFO and COO of AIG Europe and Willis Group.   18 January 2021

Insurance

Everest unveils key claims leadership moves

Both appointees previously led claims functions at Chubb.   19 July 2024

Insurance

Chubb plucks AIG’s international airline leader to target new opportunities

The carrier looks to further develop its aviation and airline business in 2023.   6 January 2023

Insurance

Willis appoints ex-Integro/Marsh as risk & broking leader for US West

The executive started his career at AIG before taking on roles at Sedgwick and Marsh.   27 October 2021

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