News
Insurance
American International Group (AIG) has announced it has taken a number steps to streamline its businesses narrow focus, improve financial performance and return capital to shareholders. 24 November 2015
Alternative Risk Transfer
Excess capacity and strong competition among traditional and ILS markets have again been instrumental in driving rates down, says JLT Re. 29 June 2017
Insurance
Global re/insurance company XL Group is planning to redomesticate its parent holding company’s place of incorporation to Bermuda from Ireland. 29 February 2016
Insurance
The Guardian Life Insurance Company of America, one of the nation’s largest mutual life insurers, has appointed Marc Costantini, formerly of Manulife Financial Corporation, as chief financial officer (CFO). 24 April 2014
News
Carsten Prussog, currently head of reinsurance development at Munich Re, will become president of the specialty markets division of Munich Re's US property/casualty reinsurance subsidiary, Munich Re America. 6 June 2013
Insurance
State Insurance, a New Zealand subsidiary of Insurance Australia Group (IAG), is consulting with employees on proposals that could see the closure of the bulk of its branch network. 29 September 2014
Insurance
Asian shipping has endured the coincidence of low freight rates, market consolidation, and the continued broader economic slowdown. Simon Saunders of Barbican Insurance Group discusses the implications of current conditions with SIRC Today. 30 October 2017
Insurance
Run-off acquirer Catalina Holdings has entered into a definitive agreement with NationsBuilders Insurance Company (NBIC) to transfer a portfolio of US residential construction liabilities. 26 June 2014
Insurance
For aviation insurer Aviabel, the key to success in the LatAm region is sharing its specialist expertise with local firms. Enrique Flores, Aviabel’s head of legal and claims, says this has worked to great effect in Mexico in its partnership with Patria Re and Aviabel’s plan is now to continue its expansion in the LatAm region, mainly by forging similar partnerships. 28 October 2015
Insurance
The new US Tax Cuts and Jobs Act will have meaningful implications for tax-advantaged securities, particularly municipal bonds, as Sean Conaghan, Sean Coughlin and Harold Hawkins of NEAM explain. 14 June 2018
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