News
Insurance
American International Group (AIG) reported a drop in net income to $938 million in the first quarter of 2018 from $1.2 billion in the same period a year ago as natural catastrophes impacted the results. 3 May 2018
Insurance
Current director of regulation Hugh Savill is retiring at the end of the year. 4 August 2020
Insurance
The separation will enable new independent chair to focus on their ambassadorial role. 29 April 2020
Insurance
CFC Underwriting, a Lloyd's managing general agent (MGA), has appointed Neil Beaton to build a new team focused on developing a suite of products for financial institutions. 14 November 2017
Insurance
The first Lloyd’s of London coverholder plaque has been presented in the Bahamas where Star General Insurance Company has achieved Lloyd’s coverholder status for its medical malpractice insurance coverage. 24 July 2013
Insurance
The insurer expects an additional $70 million net hit following the FCA's BI test case judgment on COVID-19 claims. 16 September 2020
Insurance
CEO Thomas Buberl expressed a bullish view on achieving its earnings target of €1.2 billion in 2021. 2 August 2021
Insurance
WR Berkley Corporation has appointed Arthur Davis as new president of Vela Insurance Services, succeeding David Jordan, who has moved to another senior leadership position at a Berkley portfolio company. 5 February 2019
Insurance
Efforts to rectify issues in AIG’s core underwriting capabilities appear to be paying off as losses reduce year on year in its 2018 results, with Brian Duperreault, AIG’s president and chief executive officer, predicting the firm will “accelerate our progress in 2019”. 14 February 2019
Insurance
Economic development is expected to deteriorate significantly from +32 percent currently to -5 percent worldwide according to a new study by German online statistics portal Statista. 14 October 2019
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