AIG
Week in Post: Mayhem, Brexit and PR
It has been a year of political surprises, starting with Brexit, to Trump’s election and finally to today’s hung parliament.
Roundtable: Digital is an attitude
Being a digital insurer isn’t about the aptitude but the attitude. This was the conclusion of a roundtable I chaired recently for Post, in conjunction with SSP.
AIG's Anthony Baldwin on claims, actually
Technology and innovation are important to the insurance sector but Anthony Baldwin, CEO of AIG, says while concentrating on these insurers must not lose sight of what is important to the customer: the claim.
Empty shells or letter boxes ‘not acceptable’ post-Brexit subsidiaries, EU regulator says
Insurers looking to set up a post-Brexit base in the European Union will need to ensure their relocation plans have the proper supervision, the chairman of the European insurance watchdog has said.
FM Global chooses Luxembourg for post-Brexit hub
FM Global has been granted a license to operate in Luxembourg as the commercial property insurer looks to establish a post-Brexit base on the continent.
AIG’s credit rating affirmed by AM Best as Duperreault gets nod of approval
AIG’s credit rating has been affirmed by AM Best, putting an end to the firm's credit review and removing a potential roadblock to the firm’s profitability.
21 Uber drivers arrested in Hong Kong
21 people have been arrested in Hong Kong for driving without insurance and illegally driving a car for hire while working for Uber.
Liberty Specialty denies reports it has picked Luxembourg for post-Brexit base
Liberty Specialty Markets denied it had already made a decision over the base of its European Union subsidiary, despite reports it has picked Luxembourg for the base.
Claims aggregation: Joined-up thinking
The Supreme Court ruling in AIG has clarified the conditions under which claims can be aggregated, allowing insurers to reduce their exposure, but future cases will remain highly fact-sensitive
AIG appoints Duperreault as CEO
AIG has appointed Brian Duperreault as president and CEO, replacing Peter Hancock.
#BibaFever: B-B-Q: What brokers and insurers want from the next government
Delegates at the British Insurance Brokers’ Association conference have asked the next government for some stability.
AIG plans to name Brian Duperreault as CEO: WSJ
AIG will reportedly name Brian Duperreault as CEO, with a formal with an announcement expected imminently.
#BibaFever: B-B-Q: Who would the insurance industry invite to the perfect summer BBQ and what would they serve them?
As the embers start to go out at another British Insurance Brokers’ Association Conference, the #BibaFever team sought the answer to the biggest BBQ question of them all.
#BibaFever: B-B-Q: Can brokers afford to ignore insurtech to remain relevant in the connected digital world?
As British Insurance Brokers’ Association Conference attendees wake up to a new day, the #BibaFever team went in search of finding out the big issues for the market.
Greenberg loses AIG court battle
Maurice 'Hank' Greenberg and Starr International have lost the right to pursue claims over the 2008 US government bailout of global giant AIG.
Hiscox chooses Luxembourg as post-Brexit base
Hiscox has announced plans to open a European subsidiary in Luxembourg in response to Britain’s exit from the European Union.
Salem replaces Harris at AIG Singapore
Claudia Salem has been promoted to CEO Singapore and head of country operations for South East Asia at global insurer AIG.
AIG returns to Q1 profit despite poor COR performance
Global P&C and life insurer AIG bounced back to profit in the first quarter of 2017 despite some poor underwriting performances.
Brexit: The location game
With Brexit negotiations now launched, insurers are taking steps to secure their access to the European market. How many will follow Lloyd's to Belgium?
Spencer returns in Hong Kong to AIA
Former Zurich head of Asia-Pacific Stuart Spencer is returning to insurance with a role as chief marketing officer at AIA.
This week in Post: Snap decisions, Can-can and costs
In a snap decision just after Christmas I agreed it would be fun to attend a Moulin Rouge secret cinema perfomance, with little thought to the effort this would involve or the costume I'm currently having to source.
AIG to take $100m hit from Ogden change
AIG expects to record a $100m (£77.9m) hit to its Q1 2017 pre-tax profits as a result of the cut to the Ogden discount rate.
Paulson to leave AIG's board
Activist shareholder and hedge fund manager John Paulson is set to leave US-headquartered global insurer AIG.
Liberty Specialty Markets appoints Alexandra Paton as head of Continental Europe
Liberty Specialty Markets has appointed Alexandra Paton as head of Continental Europe for global financial risks.