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Insurance
Activist investor Carl Icahn filed a lawsuit against AmTrust Financial Services and the family that controls the company, accusing them of trying to take the insurer private at the wrong time and at the wrong price, according to a Reuters May 21 report. 22 May 2018
Insurance
AmTrust Financial Services CEO Barry Zyskind continues to expect the transaction to turn the specialty property/casualty insurer into a privately held company to occur in the second half of 2018 despite the recent intervention by billionaire investor Carl Icahn. 21 May 2018
Insurance
Chubb was the top US cyber insurer in 2017, rising past American International Group (AIG) and XL Catlin, according to AM Best. 21 May 2018
Insurance
The US cyber market grew significantly in 2017 with direct premiums written by US property/casualty (P&C) insurers (excluding non-US and alien surplus lines insurers) rising nearly 32 percent year over year to $1.8 billion, according to AM Best. 21 May 2018
Insurance
Intermediary Hyperion Insurance Group has appointed Mark Stephen as a non-executive director and chair of its audit committee. 17 May 2018
Insurance
French reinsurer SCOR has reorganised the structure of its large corporate risks insurance unit, SCOR Business Solutions, with the aim to increase client centricity. 16 May 2018
News
Many re/insurers understand the value and potential of data but leveraging its full potential requires a systematic approach designed to achieve very specific outcomes, says Meghan Anzelc, chief analytics officer, AXIS Capital. 16 May 2018
Insurance
US-based property/casualty insurer The Hanover's longtime chairman Michael Angelini has retired from the board after more than 30 years with the group. 16 May 2018
Insurance
Broker Aon is to retire its business unit brands Aon Risk Solutions and Aon Benfield, and create an integrated global operating committee, co-led by Eric Andersen and Michael O'Connor. 15 May 2018
Insurance
American International Group (AIG) has rehired Mark Lyons as senior vice president and chief actuary, general insurance. 15 May 2018
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