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AIG takes $272m hit from industry's 'largest cat loss ever'; withdraws guidance
Insurance
AIG CEO Duperreault says the impact of COVID-19 will result in a material reduction of our long-term return profile.   5 May 2020
Insurance
The insurer's first quarter 2020 results were adversely impacted by disruption in the financial markets due to COVID-19.   5 May 2020
Insurance
The reinsurance broker has expanded its property & specialty division with three key hires.   5 May 2020
Alternative Risk Transfer
Peak Capital will create new opportunities to develop differentiated and innovative re/insurance products.   5 May 2020
Insurance
The cat bond will provide the group with a multi-year risk transfer capacity of $200 million.   5 May 2020
Insurance
The executive will work with division leaders to guide and manage the overall reinsurance portfolio.   5 May 2020
Insurance
The reinsurer increased its net profit despite the impact of frequent natural catastrophes and market volatility.   4 May 2020
Insurance
The executive has held senior positions within the banking and insurance industries with Citigroup, Credit Suisse and Swiss Re.   4 May 2020
Insurance
Revenues and earnings in the first quarter of 2020 were negatively affected by the COVID-19 pandemic.   4 May 2020
Insurance
The company has launched a non-profit organisation to help combat COVID-19 and offer financial support during a crisis.   4 May 2020

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