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Insurance
Global insurance firm American International Group (AIG) has entered into a two-year reinsurance arrangement with Swiss Re, under which a share of AIG’s new and renewal US casualty portfolio will be ceded to the reinsurer. 10 March 2016
Insurance
Marsh, the broker, risk advisor, and a wholly-owned subsidiary of Marsh & McLennan Companies (MMC), has appointed John Doyle as president, effective April 15, 2016. 8 March 2016
Insurance
XL Catlin, the global re/insurance company, has announced the regional expansion of its professional liability underwriting operations, establishing offices in New York, Chicago, Denver and Toronto. 7 March 2016
Insurance
Lavastone Capital, an affiliate of American International Group (AIG), has entered into an agreement with Coventry First to resolve several disputes. 1 March 2016
Insurance
Nearly 14 percent of mergers and acquisitions (M&A) policies written globally by American International Group (AIG) resulted in a claim, according to a study of the global insurer’s representation and warranties (R&W) insurance claims data between 2011 and 2014. 29 February 2016
Insurance
Insurance company American International Group (AIG) posted a big loss for the fourth quarter of 2015, reporting an after-tax operating loss of $1.3 billion, compared with after-tax operating income of $1.4 billion in the prior-year quarter. 12 February 2016
Insurance
American International Group has expanded its Board of Directors from 14 to 16. 12 February 2016
Insurance
Some of the industry’s biggest players have agreed to back Lemonade, the world’s first peer-to-peer (P2P) insurance company, which has already attracted a number of well-known former re/insurance executives to its executive team. 9 February 2016
Insurance
Bermuda holding company Everest Re has appointed Bill Thygeson as chief administration officer of Everest Insurance, reporting directly to Jonathan Zaffino, president. 27 January 2016
Insurance
The London Market Group (LMG) has launched its London Market (LM) Target Operating Model (TOM) Steering Board. 27 January 2016
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