News

Insurance

A $4.3bn business sale to Blackstone fuels Aon’s M&A appetite

Re/insurance broker Aon plans to deploy a significant part of the proceeds from the $4.3 billion sale of its outsourcing platform to acquisitions, executives said during a Feb. 10 results presentation.   13 February 2017

Insurance

Neon appoints Validus exec as head of property reinsurance

Specialist Lloyd's insurer Neon has appointed Nick Pritchard as head of property reinsurance with immediate effect.   13 February 2017

Insurance

Insurance CEOs feel threatened by disruptions

Insurance CEOs are more concerned than leaders in any other industry about threats to their growth prospects, according to PwC’s annual global CEO Survey.   13 February 2017

Insurance

Berkshire Hathaway opens London office with ex-AIG, Allied World execs

Berkshire Hathaway Specialty Insurance Company (BHSI) has established a new office in London and filled key leadership roles with former AIG, Allied World, Chubb and Marsh executives.   8 February 2017

Insurance

AIG-Hamilton-Two Sigma SME joint venture Attune appoints CEO

Attune, a technology-enabled company established by AIG, Hamilton Insurance and Two Sigma in September 2016, has appointed James Hobson as chief executive officer (CEO).   7 February 2017

Insurance

Hamilton USA fills new senior vice president role

Hamilton USA, the US insurance platform of Bermuda-based Hamilton Insurance Group, has promoted Julianna Muir to the newly-created position of senior vice president, head of strategy and innovation.   3 February 2017

Insurance

Everest Re Group hires claims operation leader from AIG

Bermuda-based Everest Re Group said that it hired Megan Watt as the new leader of its claims operation located in Liberty Corner, NJ.   3 February 2017

Insurance

Chubb's European claims head to retire; successor revealed

Property and casualty insurer Chubb has promoted Steve Parry to the role of director of claims for Europe and Eurasia and Africa, succeeding Peter Murray, who is retiring this year.   2 February 2017

Insurance

AM Best punishes AIG on reserves concerns despite Berkshire Hathaway deal

AM Best has placed the financial strength ratings (FSR) of American International Group (AIG) and its insurance subsidiaries under review with negative implications because of concerns over its reserves.   27 January 2017

Insurance

Credit Suisse weighs up implications of deal between Berkshire Hathaway and AIG

Berkshire Hathaway’s $9.8 billion retroactive reinsurance deal with American International Group’s (AIG), revealed last week, is big enough to potentially jeopardize an underwriting profit in Warren Buffett’s reinsurer’s P&C operations for the first time.   26 January 2017

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