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American International Group (AIG) has appointed Lucy Fato as executive vice president and general counsel, responsible for overseeing the company's global legal, compliance, regulatory and government affairs function. 6 September 2017
Insurance
Hamilton Re, the Bermuda-based operations of Hamilton Insurance Group, has revealed a new underwriting leadership structure. 6 September 2017
News
Reinsurers have returned more capital to shareholders in the first half of 2017 than they earned, according to the September Willis Re Reinsurance Market Report. 6 September 2017
News
Partner Re has appointed Jerome Matrundola to the new position of CEO life and health (L&H), Asia Pacific. 6 September 2017
Insurance
New York-based AmTrust Financial Services said on Sept. 5 that it entered into a quota share reinsurance contract to reduce exposure to catastrophe and non-catastrophe events related to the business of its subsidiary Republic Companies effective August 1, 2017. 6 September 2017
News
Peak Reinsurance is mulling over a possible flotation in Hong Kong to support the reinsurer’s long-term growth and development, AM Best said in its Sept. 5 Best Week Asia-Pacific edition, citing Fosun International chief financial officer Robin Wang. 6 September 2017
Insurance
Broker Aon is to acquire US-based real estate and investment management firm Townsend Group, majority owned by Colony NorthStar, for $475 million. 4 September 2017
Insurance
Hurricane Harvey will be a top three loss event for the National Flood Insurance Program (NFIP), according to analysis by risk modelling firm RMS. 4 September 2017
Insurance
Insurer Chubb has made two appointments for its regional cyber team in Asia Pacific. 4 September 2017
Insurance
Randall & Quilter, the specialist non-life legacy insurance investor, posted a strong set of results for the first six months of 2017 as it benefitted from a robust pipeline of legacy business and the impact of simplifying the business, which has included some disposals. 4 September 2017
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