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Insurance
American International Group (AIG) has increased its property terrorism insurance capacity to $1 billion – previously $250 million – as part of the introduction of new and proprietary terrorism risk engineering services. 27 October 2016
Insurance
Allianz’s profits soared in the second quarter of 2017 driven by a strong performance in its property/casualty segment, which benefited from lower losses from natural catastrophes and lower attritional losses. 4 August 2017
Insurance
McNeil & Company was acquired by Bermuda-based Arch Capital Group in 2018. 11 February 2020
Technology
Automation has the potential to transform the claims lifecycle. But, as the insurance industry shifts to a more digital mode of interaction, the question of how much automation is required has to be asked. 27 October 2020
Insurance
Howden Broking Group, part of Hyperion Insurance Group, has partnered with South East Asian bank CIMB Group headquartered in Malaysia. 9 January 2015
Insurance
AXIS Capital’s reinsurance business grew strongly in 2016 driven largely by a higher number of deals written on a multi-year basis; its profits remained broadly stable with the year before, if one-off fees received in 2015 are not included. 2 February 2017
Insurance
It will likely rank as the fourth largest hail event for the past 20 years in Australia. 4 March 2020
Insurance
Thames Underwriting, a niche construction and commercial lines MGA, has established a new office in London with the appointment of four senior underwriters from Munich Re, MS Amlin, Pen Underwriting and Coast Underwriting. 11 October 2019
Insurance
US-based Nassau Re has launched an insurtech incubator to support start-ups focused on the life insurance, annuity and reinsurance industries. 21 February 2019
Insurance
Partners at insurance-focused law firms Locke Lord and Edwards Wildman Palmer have approved the merger of the two firms. 2 December 2014
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