News
Insurance
Liberty Specialty Markets' (LSM) president and global managing director Nick Metcalf has handed over the reins of LSM to Matthew Moore. 16 August 2017
Insurance
AXA has completed a secondary common stock offering of its US life and asset management business Equitable Holdings (EQH) for net proceeds of $1.8 billion. 21 November 2018
Insurance
American International Group (AIG) has appointed Lisa Sun as CEO of AIG Insurance Company China. 24 May 2018
Insurance
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, is to merge its North America and Latin America divisions into TransRe Americas as part of its leadership transition. 12 April 2019
Insurance
Spanish re/insurer Mapfre is investing €25 million in Alma Mundi Insurtech Fund that focusses on startups in the insurance sector. 21 November 2018
Insurance
Argo Group US has appointed Gary Grose, Argo Group’s head of marketing and producer management, as the interim head of Colony Specialty, its excess and surplus lines carrier, following the retirement of Ron Vindivich. 8 January 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has appointed Paula Wilson to the newly-created role of head of marketing. 16 March 2018
Insurance
Managing general agent European Property Underwriting (EPU) has secured what it described as a transformational capacity arrangement with a number of partners, led by HDI Gerling, with co/reinsurance participations from Liberty Mutual Insurance and Swiss Re Corporate Solutions. 6 October 2015
Insurance
Wildfire losses in California will reach record levels in 2018 after three different fires erupted in November and will force insurers to re-price and reassess their California exposures, according to AM Best estimates. 14 November 2018
Insurance
The costs from the extensive casualty and property damage caused by these catastrophes such as typhoons Jebi and Trami are likely to result in record high gross domestic wind/flood catastrophe losses to the Japanese property and casualty (P&C) insurance industry in fiscal year 2018, according to Moody’s. 21 November 2018
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