News
Insurance
American International Group’s US casualty business has performed significantly worse than expected by the firm in recent years, resulting in a $3 billion loss in the fourth quarter of 2016 as the company reacted by striking a reinsurance deal and significantly increasing claims loss reserves. 17 February 2017
Insurance
Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty. 6 September 2017
Insurance
Berkshire Hathaway’s $9.8 billion retroactive reinsurance deal with American International Group’s (AIG), revealed last week, is big enough to potentially jeopardize an underwriting profit in Warren Buffett’s reinsurer’s P&C operations for the first time. 26 January 2017
Insurance
Jardine Lloyd Thompson Group (JLT) has hired AIG's former aerospace and marine leader Joe Trotti to become the broker’s global practice head of aviation, and join its new global specialty leadership team. 7 February 2018
Insurance
Brokerage and risk management firm Integro Insurance has appointed Deborah Morris as operations leader of its New York division. She succeeds Esther Ro, who is relocating to Integro’s California office. 6 January 2017
Insurance
American International Group (AIG) has made a strategic investment in Human Condition Safety (HCS), an early-stage technology start-up company developing wearable devices, analytics, and systems to improve worker safety. 7 January 2016
Insurance
American International Group (AIG) has completed the sale of its subsidiary Advisor Group to investment funds affiliated with Lightyear Capital, a private equity firm specialising in financial services investing, and PSP Investments, one of Canada’s largest pension investment managers. 9 May 2016
Insurance
Lloyd’s coverholder Brockwell Capital has completed its London team with the addition of two senior underwriters Andrew Graham and Alec Goodair. 17 April 2018
Insurance
It has made a triple swoop on AIG for the offering slated to launch in 2025. 15 October 2024
Insurance
The solution is designed to reduce the motor liability claims lifecycle. 13 May 2022
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