AIG
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?
AIG strengthens EMEA team
AIG Europe has appointed Kelly Lyles as head of specialty lines for the EMEA region.
Directors’ & Officers’: Much aD&O about nothing
Despite some predicting an uncertain period for the directors’ & officers’ sector following a government discussion paper and a high-profile claim refusal, unconcerned market insiders explain why education is their current priority.
AIG 'may sue' Morgan Stanley over mortgage sales
AIG may sue investment bank Morgan Stanley over mortgage-linked securities sold to the insurer in the lead up to the financial crisis.
XL swoops for AIG’s Europe claims boss
XL has recruited AIG’s chief claims officer for Europe to replace the outgoing Graham Lambourne as head of international P&C claims.
My best XV Selected by Russell Berry, Towergate
Russell Berry, graduate trainee at Towergate Underwriting, selects his best XV and wins two tickets to see England v Argentina on 9 November in the QBE Rugby Internationals.
Career file: John Sims - Ex-Lorega CEO Sims resurfaces at AIG
AIG has appointed former Lorega chief executive John Sims to the role of UK head of its high net worth arm Private Client Group.
Market Moves: UK General hires former BMW man and Sue Langley returns to industry
This week saw a surge of appointments among insurers, with fresh faces at AIG, Allianz and UK General. The latter swooped for a former BMW man to serve as schemes director, while others looked to more conventional sources. Former Lloyd’s and Hiscox boss…
AIG opens Hangzhou office
AIG China, the largest foreign property & casualty insurer in China, has opened a branch in Hangzhou, the capital city of Zhejiang province.
Ex-Lorega CEO Sims resurfaces at AIG
AIG has appointed former Lorega chief executive John Sims to the role of UK head of its high net worth arm Private Client Group.
Sullivan takes non exec role at CGSC
Cooper Gay Swett & Crawford has appointed Martin Sullivan as non-executive chairman of CGSC Delaware, the main board for the Group’s North American operations.
Career development: Marsh young claims professionals event
Broking giant Marsh sold out its first event for young claims professionals earlier this month.
Market Moves: Busy insurers make a raft of hires along with a number of key departures
Insurers led the way in a recruitment frenzy this week. AIG swooped for a head of commercial property, while Hardy acquired a property treaty business unit manager. There were departures too, with QBE’s Steven Burns announcing retirement from full time…
Seraina Maag to head AIG's EMEA business
AIG has appointed Seraina Maag as president and chief executive of its Europe, Middle East, and Africa region business.
AIG appoints Seraina Maag to head EMEA business
AIG has appointed Seraina Maag as president and chief executive of its Europe, Middle East, and Africa region business.
Axa retains lead in Brokerbility satisfaction survey
Axa has been ranked highest of Brokerbility’s seven key insurer partners in a survey of members.
Cousins takes over from Flynn as AIG commercial property boss
AIG has appointed Steve Cousins to the role of UK head of commercial property.
The Claims Event 2013
Claims managers fear hearing loss could become the ‘new whiplash’
Surveillance firms lose insurer business as ICO investigates use of private eyes
Firms found complicit in illegal data gathering will face criminal prosecution.
AIG raises contaminated product limits to $35m
American International Group has launched a web-based service to help companies estimate the cost of recall incidents, and expanded its available accidental contamination coverage limits to $35m.
C-Suite: Prepare for the worst
A recent fire at an AIG building illustrated the importance of a strong crisis management plan.
Post Intelligence – company profile: AIG
In four years, AIG has repaid $182bn of bailout funds through intensive disposal of assets.