News

Insurance

Global Risk Partners acquires UK firm with nine broking, MGA businesses

Global Risk Partners (GRP), a specialist investment vehicle for brokers and managing general agents (MGAs), has acquired a UK-based firm with a portfolio of nine leading specialist insurance broking and managing general agency (MGA) businesses.   5 February 2019

Alternative Risk Transfer

Climate change drives rise in parametric insurance take-up: Swiss Re

Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.   26 April 2024

Insurance

Aviva fully exits Italy to ‘radically’ simplify business

The insurer has closed its pair of deals with Allianz and CNP totaling $1.1 million.   1 December 2021

Technology

Transform the future of submissions

Jeff Mason explores current challenges around submission and what to do about the myriad technologies available promising solutions.   11 November 2021

Insurance

Swiss Re Corporate reveals new Greater China CEO joining soon from AIG

He served in several senior roles at AIG for over 17 years; previously at Berkshire's Gen Re.   17 March 2022

Insurance

AIG chief sees former GE boss as ‘tremendous asset’ as it eyes the top spot

The new key addition will support AIG’s ambition to become ‘a top performing company’.   17 March 2022

Insurance

Ensurance enters terrorism and sabotage market with Lockton duo

Specialist managing general agency (MGA) and Lloyd’s coverholder Ensurance has launched a new terrorism and sabotage offering in the UK, with US and Australian markets to follow later this year.   14 May 2019

Insurance

AIG appoints Lyons as chief financial officer

American International Group (AIG) has appointed Mark Lyons as executive vice president and chief financial officer (CFO), succeeding Sid Sankaran.   5 December 2018

Insurance

Duperreault promises AIG is on the right track

American International Group (AIG) had a disappointing start to 2018 as results missed expectations and caused the share price to dive, but CEO Brian Duperreault promised during the May 3 first quarter 2018 results call that the company is on track to address the issues in general insurance and deliver double-digit return on equity (ROE).   9 May 2018

Insurance

Probitas 1492 to increase general liability limit to £15m

Probitas 1492, the underwriting syndicate at Lloyd’s specialising in property and casualty (P/C) re/insurance solutions, will be increasing its employers and general liability limit to £15 million from 1 January, 2016.   15 December 2015

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