Global giant AIG's property and casualty arm fell to a loss of $2.3bn (£1.3bn) in the fourth quarter of 2015 compared with a $935m profit in Q4 2014.
The results were driven by a previously announced $3bn charge for adverse prior year loss reserve developments. The P&C combined operating ratio moved from 103.4% to 161.5%, with the loss ratio jumping...
Eric Gao, chairman and CEO of Lloyd's (China) has been promoted to head of the Greater China region leading teams in Beijing, Hong Kong and Shanghai.
Ace has switched its name in New Zealand to Chubb Insurance New Zealand following its purchase of Chubb's global operations.
A husband and wife have been jailed for a year over a £18,000 health insurance fraud which spanned more than a decade.
Vicki Mulholland finishes her secondment with the Insurance Fraud Enforcement Department this week, and has a lot to take back to Aviva.