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Insurance
MATRIX, an insurance and reinsurance broker at Lloyd’s, has appointed Robert Easton as head of treaty – London office. 12 May 2016
Insurance
Broker Marsh has appointed Chris Lay as president and chief executive officer (CEO) of Marsh Canada, reporting to Robert Bentley, president of Marsh US and Canada. 11 May 2016
Insurance
Hiscox posted a 10 percent increase in its gross written premiums (GWP) in local currency to £640.5 million ($924.8 million) for the first quarter of the year, compared with £561.7 million in the first quarter of 2015. 10 May 2016
Insurance
American International Group (AIG) has announced its mortgage insurance business United Guaranty Corporation (UGC) obtained $298.6 million of indemnity reinsurance from Bellemeade Re II, a special purpose insurer, for a portfolio of mortgage insurance (MI) policies issued in 2008 and prior years. 10 May 2016
Insurance
American International Group (AIG) has completed the sale of its subsidiary Advisor Group to investment funds affiliated with Lightyear Capital, a private equity firm specialising in financial services investing, and PSP Investments, one of Canada’s largest pension investment managers. 9 May 2016
News
JLT Re has launched JLT Re Global Mortgage Solutions in North America. 6 May 2016
Insurance
Re/insurance broker JLT has announced that Martin Hiller will be retiring from the Group. 5 May 2016
Insurance
Marketform, a specialist Lloyd’s insurer, has appointed Martin Kelsh to the newly created role of production & distribution director. 5 May 2016
News
American Financial Group (AFG) has reported 2016 first quarter net earnings of $101 million, a big improvement on the $19 million it made in the same period of 2015. 4 May 2016
Insurance
American International Group (AIG) is set to sell its shares in PICC Property and Casualty Company (PICC P&C). 3 May 2016
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