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Insurance
AM Best has removed from under review with negative implications and affirmed the financial strength ratings (FSR) of American International Group (AIG) and the majority of its insurance subsidiaries. 3 June 2016
Insurance
US-based niche insurance provider ProSight Specialty has launched an all-lines marine contractors insurance programme to unify maritime construction coverage under a single carrier. 25 July 2017
Insurance
Commercial insurer RSA has appointed Jeroen den Tex as commercial director, Europe, responsible for developing the sales, marketing and distribution strategy across RSA’s five European operations, Nordic Hull and the Dubai International Financial Centre (DIFC). 31 October 2017
Insurance
Specialty re/insurer Canopius has appointed Laurie Davison as group chief operating officer (COO) and Nigel Meyer as group chief financial officer. 14 March 2018
Insurance
Independent proxy advisory firm Glass Lewis has recommended that AmTrust Financial Services stockholders vote “FOR" the company's merger agreement at the special meeting of stockholders on June 4, 2018, according to a May 25 AmTrust statement. 29 May 2018
Insurance
JLT Specialty, a US subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Gavin Shiels as senior vice president. 6 April 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Alexandra Paton as head of Continental Europe for global financial risks (GFR). 6 April 2017
Insurance
Global insurance rates declined for the 14th consecutive quarter in the third quarter of 2016, although the rate of decline moderated by weighted average for the third quarter in a row, according to Marsh’s Global Insurance Market Index covering the third quarter of 2016. 11 November 2016
Insurance
Insurer Torus has partnered with London Aviation Underwriters (LAU) to write aviation insurance throughout the US. 5 May 2015
Insurance
New York-based AmTrust Financial Services said on Sept. 5 that it entered into a quota share reinsurance contract to reduce exposure to catastrophe and non-catastrophe events related to the business of its subsidiary Republic Companies effective August 1, 2017. 6 September 2017
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