AIG
AIG launches revamped commercial property covers
AIG has launched a new line of products for commercial property insurance, including expanded coverage, loss prevention engineering and risk management solutions for mid-sized businesses with global exposures.
C-Suite - Insurer: Aiming for happy customers
Customers must be the most important element of an insurer’s business
AIG urges business leaders to be more aware of personal risks
Nearly two thirds of business leaders do not feel their personal assets are very exposed to management liability actions, according to research from AIG.
AIG appoints Hancock as CEO
AIG has announced its head of property and casualty Peter Hancock will replace outgoing CEO Robert Benmosche.
Career file - Jacqueline McNamee: AIG names McNamee as Aubert’s successor
Jacqueline McNamee will take over from Nicolas Aubert as AIG’s managing director for the UK.
AIG names McNamee as Aubert's successor in UK MD role
Jacqueline McNamee will take over from Nicolas Aubert as AIG’s managing director for the UK.
AIG's Kvarns joins Ace as Nordic claims manager
Ace Group has hired Elisabeth Kvarns to be its country claims manager for the Nordic region.
Internal frontrunners for AIG job touted
Two internal candidates have been touted to take over from AIG president and chief executive Robert Benmosche following the announcement of his expected departure early next year.
Disaster losses of $262m impact AIG profit in Q1
AIG has attributed catastrophe losses within its property and casualty businesses as a major factor in a 27% drop in profit to $1.6bn (£945m) in the first quarter of 2014 compared to $2.2bn in Q1 2013.
Market Moves - 17 April 2014
Find out who has moved where in the industry this week.
Q+A: Brad Berg, vice president, energy, Asia-Pacific, AIG
Post interviews Singapore-based Brad Berg, head of energy and engineered risks, global property, Asia-Pacific, AIG about energy risks in Asia.
AIG restructures EMEA management team
AIG has made several appointments as part of a restructure of its Europe, Middle East and Africa division.
Roundtable: Legal Reforms: Laspo: One year review
It is one year since the introduction of the Legal Aid, Sentencing and Punishment of Offenders Act and, more importantly for insurers, the Jackson reforms. Have they been a success or a failure?
AIG UK trims COR to 84% as underwriting profit soars
AIG Europe chief executive Nicolas Aubert has heralded the “continued development” of the group’s UK business after it shaved 19 percentage points off its combined operating ratio to 84% last year.
AIG enhances personal accident & business travel cover
AIG launched an enhanced version of its Lifeline Plus group personal accident & business travel cover, which includes extended policy wording and a mobile app that provides travelers with direct access to assistance and advice at any time, wherever they…
Allianz confirms missing plane payment
Allianz has confirmed that it has made payments to Malaysia Airlines over missing flight MH370.
Missing Malaysian plane unlikely to affect rates in aviation market
Fate of Malaysia Airlines flight MH370 unknown after disappearing on 8 March.
Cyber Crime: Hack attack
As the demand for cyber insurance products grows, insurers are being required to service the market as well as protect their own businesses from cyber attacks.
Career file: Tom Stoddard - Aviva replaces Regan with ex-AIG bailout advisor
Aviva has replaced Pat Regan as chief financial officer with a leading member of the team that advised AIG through its 2008 bailout.
Market Moves - 6 March 2014
All the movers and shakers in recruitment in the insurance industry this week.
Senior claims specialist moves from AIG to Allianz in Hong Kong
Patsy Wong has been recruited by Allianz Global Corporate & Specialty as head of long tail claims for Hong Kong and Greater China.
AIG promotes Cloughley to bolster UK private client group
AIG has boosted its UK private client group with the appointment of Patrick Cloughley as senior business development manager.
Fracking: Frack to the future
With the government pushing hydraulic fracturing in the UK, how will developments in this market affect insurers and what risks does it entail?