News
Insurance
American International Group (AIG) has been loss-making for the last two years, but the reported 2017 net loss of $6.08 billion hides improvements on the operating side as a more in-depth look into the numbers reveals and CEO Brian Duperreault is working on getting the insurance giant back on a growth path. A changed reinsurance cover structure is also part of the plan. 22 February 2018
Insurance
Markel’s co-chief executives pointed to “outstanding performance” in the insurer’s investment portfolio, with more than $1 billion of net investment gains in the first half of the year, as the company released its second quarter and half year results for 2019. 31 July 2019
Insurance
The insurtech has closed a $4.2m funding round to develop financial risk solutions to enhance climate-resilience. 12 August 2020
Insurance
Re/insurance broking and advisory firm Beach & Associates has appointed Gavin Johns and Richard Emson to its London wholesale division. 6 September 2019
Insurance
He replaces Aviva’s Rob Townend with immediate effect 12 December 2019
Insurance
Collaboration gives Microsoft customers on-demand, cloud-based cyber insurance. 12 December 2019
Insurance
Change comes into effect from January 1 2024. 6 December 2019
Insurance
American International Group (AIG) plans to launch a new syndicate at Lloyd’s serving the specialist U.S. high net worth market. 24 October 2019
Insurance
Nexus Underwriting, a specialty managing general agent, has appointed Adam Kembrooke as both group chief legal officer and group chief risk officer. 5 July 2016
Insurance
Japans three major insurance groups Tokio Marine Holdings (TMHD), Sompo Holdings and MS&AD Insurance Group Holdings are expected to remain profitable in fiscal 2018 (April-March) despite record high domestic wind and flood catastrophe losses, according to Moody’s. 28 November 2018
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