AIG
AIG bailout lawsuit dismissal upheld
A US court has upheld a verdict dismissing a lawsuit from Maurice “Hank” Greenberg challenging the Federal Reserve Bank of New York bail out of AIG in 2008.
Brokers get behind SRA plan to ban unrated firms from writing solicitors’ PI
Critics argue plan is ‘misconceived’ and would put ‘upward pressure on rates’.
SMEs told to wake up to cyber threat amid concerns over low cover uptake
Government planning to endorse common standard for cyber security by March.
AIG eyes 20% growth in Malaysian travel insurance market
AIG Malaysia is expecting to see a 20% growth in travel insurance each year.
Editor's comment: The ratings game
The ugly issue of rated v unrated insurers has once again been pushed up the agenda, with news this week that the Solicitors Regulation Authority plans to roll out a consultation on the possibility of a ban on unrated or low‑ranking insurers from its …
Career development: AIG handed chartered status
AIG has become one of 24 firms to have been awarded chartered insurer status by the Chartered Insurance Institute.
AIG names banking boss who quit over "hostile environment" as non-exec
AIG Europe has boosted its board with a trio of appointments, including a former Banque AIG boss whose resignation in 2009 almost triggered crisis at the insurer.
AIG handed chartered status
AIG has become one of 24 firms to have been awarded chartered insurer status by the Chartered Insurance Institute.
Sales of cyber-insurance climbed 30% in 2013 at AIG
AIG saw a 30% rise in sales last year compared to 2012 of the specialist insurance that protects companies from data breaches and cyber attacks.
Zurich recruits chief technology officer from AIG
Zurich has appointed Robert Dickie as chief operations and technology officer and a member of the group executive committee. He will begin in March.
AIG appoints Bond Dickinson for contract work
AIG has appointed law firm Bond Dickinson to handle its high-volume contract work.
Lloyd’s first-ever female CEO Inga Beale signals new era for insurance industry
Canopius CEO’s experience makes her ‘ideal’ replacement for Richard Ward
AIG sells aircraft leasing unit for $5.4bn
AIG has sold its aircraft leasing unit International Lease Finance Corp to Dutch leasing company AerCap for $5.4bn.
Lockton expands global technology practice
Broker Lockton is expanding its global technology and privacy practice with three staff moves in major cities to support clients on cyber liability and related risk management issues.
Market Moves: Big moves among brokers as Lyons and Trott re-emerge in new roles
A hectic spurt of recruitment this week saw some top-level moves at some of the UK’s largest brokers, with Gallagher recruiting an RSA account manager to help run sales in Scotland and Northern Ireland. Meanwhile. the Scottish broker’s former managing…
AIG rolls out broker trading platform in mainland Europe
AIG is rolling out an e-trading product for brokers across five European countries following the launch of the platform in the insurer’s UK and Ireland businesses earlier this year.
AIG rolls out broker trading platform on continent
AIG is rolling out an e-trading product for brokers across five European countries following the launch of the platform in the insurer’s UK and Ireland businesses earlier this year.
Wong returns to AIG as senior advisor
AIG has appointed Stephen Wong as a senior advisor to provide strategic advice to AIG on business and industry developments in Hong Kong and Taiwan.
Claims Awards Asia: the winners
Last night the winners of the Claims Awards Asia were announced at the inaugural awards ceremony in Hong Kong.
Underwriting Service Awards 2013: Winners announced
Last night saw the fourth annual Underwriting Service Awards take place at the Royal Garden Hotel.
AIG and Dual in EOL reinsurance partnership
AIG will partner with Dual corporate risks via the Tamesis Dual specialty excess of loss reinsurance entity, the insurer said today.
Insurers hope for strike-out legislation after consultation on Summers review
Only two of 18 parties voice opposition to review in Law Commission consultation.
Industrial deafness: The new whiplash?
As fraudsters and claims management companies begin to feel the impact of whiplash reform, is industrial deafness becoming insurers’ new problem area?
High net worth: Staying on top
With an increasing number of direct players entering the high net worth arena, how can brokers stand out from the crowd and retain their traditional position as leaders of the market?