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AIG CEO: we can see the finish line after $3bn credit agreement

AIG has confirmed that it has entered into 364-day and 3-year bank credit facilities totaling $3bn (£1.94bn)split evenly between the two.

AIG also announced that Chartis has entered into a 1-year $1.3bn letter of credit facility.

Thirty-Six banks participated in the facilities. The facilities will be available upon the closing of the

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Axa aims to double schemes business

Sarah Mallaby, chief distribution officer and mid-market trading director at Axa Commercial, has revealed the provider is looking to double its schemes business as the firm looks to become a “£2bn business”.

Q&A: Fiona Marry, Bridgehaven

Fiona Marry, recently appointed European chief executive of Bridgehaven, tells Insurance Post about the company’s international expansion plans and what sets the hybrid model apart.

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