News
Insurance
American International Group (AIG) has appointed Lucy Fato as executive vice president and general counsel, responsible for overseeing the company's global legal, compliance, regulatory and government affairs function. 6 September 2017
Insurance
Specialist commercial insurer CNA Hardy has gained authorisation to set up operations in Labuan, Malaysia, expanding its presence in Asia. 18 April 2018
Alternative Risk Transfer
Allianz Global Corporate & Specialty (AGCS), Allianz group's specialist corporate insurer, will cease underwriting long tail risks in Australia and close its operations in New Zealand with effect from September 2019, following a "strategic review" of the business. The decision has led to the departure of its Pacific CEO Willem Van Wyk. 4 July 2019
Alternative Risk Transfer
In his first ILS blog, Clive O’Connell a partner at Goldberg Segalla talks about the evolution of investment funds. 28 April 2015
Insurance
The US Congress has enacted a short-term extension to the National Flood Insurance Program (NFIP) through November, preventing the programme to lapse during peak hurricane season. 26 July 2018
Insurance
Australia’s QBE Insurance Group has said on June 21 that “significantly higher than expected claims activity during the first five months of the year in emerging markets” will hit its interim and full year results. 21 June 2017
Insurance
Lloyd’s, the specialist insurance and reinsurance market, has appointed Dawnmarie Black as US Northeast regional director. 21 March 2018
Insurance
Products and penetration in the Latin American life reinsurance market are not as mature as those in the US and some of European countries, creating “unique opportunities” for double-digit growth in certain Latin American countries, such as Brazil. 11 September 2019
Insurance
The Hanover Insurance Group has announced several organisational changes to drive global growth through its “go-forward” business strategy over the next five years. 24 February 2017
Insurance
The United States-Mexico-Canada Agreement (USMCA) deal will lead to the improvement of financial products and help make it possible for the under-insured population to gain access to the financial system. 10 September 2019
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