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AIG acquires US broker Glatfelter to strengthen general insurance unit
Insurance
American International Group (AIG) is acquiring Glatfelter Insurance Group (Glatfelter), a full-service broker and insurance company providing services for specialty programmes and retail operations.   21 September 2018
BGC Partners to acquire Ed Broking Group
Insurance
London-based reinsurance, wholesale and specialty broker Ed is to be acquired by BGC Partners, a global brokerage and financial technology company.   29 October 2018
Blockchain initiative B3i cooperates with RiskBlock Alliance
Insurance
B3i, the blockchain insurance industry initiative, is cooperating with RiskBlock Alliance in the development and setting of data standards for the insurance industry.   15 November 2018
Insurance
Bermuda-based Hamilton Insurance Group has appointed Brenton Slade as senior vice president of Hamilton Capital Partners, a new business unit that will be tasked with the development of the company's capital management capabilities.   31 May 2018
Insurance
The supervisory board of Dutch insurer NN Group has reappointed Lard Friese as chief executive officer (CEO) for another four-year term. He will also be reinstated as the chairman of group's executive board.   15 March 2017
Insurance
Cyber insurance penetration is low in Asia, but there is great opportunity to introduce cyber products at a local level and build them out from there, Jonathan Ranger, chief executive officer of Criterion Underwriting, told SIRC Today.   30 October 2018
Insurance
UK mutual reinsurer Pool Re has extended its retrocession programme cover to include material damage and direct business interruption (BI) caused by acts of terrorism using remote digital interference at renewal.   1 March 2018
News
The latest version of modelling tools coupled with internal expertise and potentially external advisors can give re/insurers a good understanding of their cyber risk accumulation, Christer Pehrson and Laurent Marescot of RMS, told Baden-Baden Today.   24 October 2018
News
Swiss Re reported a net income of $1.1 billion for the first nine months of 2018 compared to a loss of $468 million for the same period a year ago, despite an estimated claims burden of $1.6 billion from natural catastrophes and large man-made events.   1 November 2018
Insurance
Re/insurer XL Catlin has launched its specialty aviation insurance offering in Mexico. The new product suite will initially focus on general aviation hull and liability risks.   22 June 2018

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