News
News
Insurance Australia Group (IAG), which buys one of the biggest catastrophe reinsurance programmes in the world, has again increased the size of its programme to buy some A$9 billion ($6.3 billion) of coverage for 2019 - A$1 billion more than the year before. 3 January 2019
Insurance
American International Group (AIG) has rehired Mark Lyons as senior vice president and chief actuary, general insurance. 15 May 2018
Insurance
Insurer Chubb has appointed Ignacio Borja, most recently president and CEO at Allianz Seguros Colombia, as country president, Spain and Portugal (Iberia). 31 January 2018
Insurance
Bermuda-based Monument Re has acquired the full ownership of Aspecta Assurance International Luxembourg, a life insurance undertaking based in Luxembourg with branches in Germany, Italy and Spain, according to a Jan. 30 press release. 31 January 2018
Insurance
The proposed House bill calls for 20 percent corporate tax rate, which could lift earnings of US property/casualty (P&C companies) by around 14 percent on average, according to Morgan Stanley analysts. 6 November 2017
Insurance
Investors fear that a major hurricane hitting Miami area could lead to around $100 billion or higher industry losses, analysts wrote in a Sept. 6 Morgan Stanley research note. 7 September 2017
Insurance
Former AIG boss Maurice “Hank” Greenberg has reiterated and reaffirmed publicly that he did absolutely nothing wrong while at the helm of the company. 14 February 2017
Insurance
Specialist insurer Markel International has appointed Alex Holcroft as political risk underwriter in Singapore. 7 August 2017
Insurance
StarStone, a specialty insurer and subsidiary of Bermuda-based Enstar Group, has launched a new crisis management division, following the hire of executives from Antares and ArgoGlobal. 12 February 2018
Insurance
A weakening US dollar is likely to boost earnings of global property/casualty (P&C) firms, according to a Jan. 30 Morgan Stanley note. 31 January 2018
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