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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
London-based managing general agent (MGA) Pen Underwriting has appointed Tom Downey as chief underwriting officer. 15 September 2017
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
Advent Claims, the insurtech-led claims third party administrator (TPA) signed an agreement to administer all claims for Aquila Underwriting-backed managing general agent (MGA) Principia Underwriting. 6 November 2017
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
Insurance
CEO Thomas Buberl expressed a bullish view on achieving its earnings target of €1.2 billion in 2021. 2 August 2021
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
The American Association of Managing General Agents (AAMGA) and the Underwriting Agencies Council (UAC) of Australia, have made reciprocal membership agreements, in which each professional trade association becomes a member of the other. 10 March 2016
Insurance
Their partnership will develop sustainable solutions to protect against emerging risks. 2 March 2021
Insurance
Employers need to be proactive when it comes to identifying risks associated with pay equity legislation, and the rise in pay transparency rules in particular, warns Vikki Edmonds of Markel Bermuda. 8 December 2023
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