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Insurance
AIG is pulling back from lines with poor underwriting performance, a strategy that has already had a positive effect on overall profitability. But this area remains the wildcard for its targeted 9 percent normalized annual ROE (return on equity), according to CreditSights analysts. 21 November 2016
Insurance
Insurers must balance the way they use the increasing amount of data available to them with a commitment to winning consumers’ trust in the way it is used. 16 November 2016
Insurance
Specialist and corporate insurance provider Tokio Marine Kiln (TMK) has expanded its special risks division with the appointment of Gary Burke as a trade credit and political risk underwriter, based in London. 16 November 2016
Insurance
Allied World Assurance has expanded its general casualty division in Asia with the appointment of Daphne Boon as vice president, head of general casualty (Asia) and Christie Huang as assistant vice president. 15 November 2016
Insurance
American International Group (AIG) has agreed to sell its Japan life insurance business, AIG Fuji Life Insurance (AFLI), to FWD Group, the insurance segment of Pacific Century Group. 15 November 2016
Insurance
Pioneer Special Risk (PSR), a division of Pioneer Underwriters, has launched a specialty contractors’ and crane operators’ liability underwriting capability with the appointment of Mary Wiseley as senior vice president. 3 November 2016
Insurance
American International Group (AIG) reported a profitable third quarter in 2016, having made a loss in the same period last year. 3 November 2016
Insurance
In what must be the most striking rebranding in the history of risk transfer, the broker formerly known as Cooper Gay has rebranded itself as ‘Ed’. Steve Hearn, chief executive of Ed, explains to Intelligent Insurer the logic of the move and why it is launching on Bermuda. 27 October 2016
Insurance
American International Group (AIG) has increased its property terrorism insurance capacity to $1 billion – previously $250 million – as part of the introduction of new and proprietary terrorism risk engineering services. 27 October 2016
Insurance
Blockchain technology could be a game-changer for the re/insurance industry, Ed Hochberg, chief executive officer of JLT Re North America, told PCI Today. 25 October 2016
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