News

Insurance

Los Angeles wildfires could cost insurers up to $10bn: JPMorgan

Arch Capital and RenaissanceRe are most exposed reinsurers, says US bank.   9 January 2025

Insurance

Ryan Specialty snags AIG exec to bolster US underwriting

The executive most recently led AIG’s North American alternative channels distribution.   20 December 2024

Reinsurance

AIG unveils Lloyd’s reinsurance syndicate with Blackstone backing

The syndicate boasts a $715m stamp capacity for 2025.   16 December 2024

Insurance

Everest eyes North American retail growth with former Chubb exec

The new US leader also boasts experience from Marsh and AIG.   18 December 2024

Insurance

AIG in $3.8bn windfall from sale of Corebridge shares

It will sell approximately 120 million of its shares to Nippon Life Insurance Company.   10 December 2024

Insurance

MSIG snaps up AIG, ex-Chubb product expert for key role

The appointee previously spent 27 years at Chubb, including as deputy general counsel.   9 December 2024

Insurance

Relm launches new US MGA

Relm’s MGA will have locations in Miami, New York and Pennsylvania and the company has also appointed veteran insurer.   13 December 2024

Reinsurance

AXA XL swoops for AIG and Gallagher Bassett executives in the US

Appointees will craft multi-line insurance programmes for diverse industries.   5 December 2024

Insurance

Howden’s DUAL boosts North American casualty with double-hire

The two executives join from Everest Insurance and Navigators.   10 December 2024

Insurance

Zurich acquires AIG’s global personal travel business in $600m deal

Travel Guard will merge with Zurich’s Cover-More Group and relocate its HQ to US.   3 December 2024

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