AIG
Market moves: Insurance takes the initiative
Last week saw the recruitment initiative wrestled back from the broking sector, with the majority of hires coming from within the insurer space. Headline appointments in that sphere came thick and fast in the form of a changing of the guard at Catlin…
News Review
A review of news stories that broke this week
CNA Europe recruits casualty underwriter from Chartis
CNA Insurance Company has appointed Justin Godman as casualty underwriting manager.
Chartis brand to be dumped as AIG returns to P&C market in the autumn
AIG is to resume using the brand it dropped in favour for Chartis for its international property and casualty business.
CNA hires Chartis underwriting boss
CNA has appointed Justin Godman, pictured, as casualty underwriting manager.
Market moves: Brokers lead the recruitment charge
Another action-packed week in terms of recruitment saw the vast majority of movers and shakers switch roles in the broking market.
Chartis increases property capacity to $1.5bn
Chartis, the property and casualty arm of US insurer AIG, has increased its commercial property capacity to $1.5bn per risk globally.
Indian regulator IRDA soft on rule defaulters, claims report
Insurance companies are flouting their "social and rural responsibilities" and the regulator, IRDA, lacks the will to punish them, according to a new report.
Chartis' Sadler elected president of Aerospace insurers
Janet Sadler of insurer Chartis Europe has been elected president of the International Union of Aerospace Insurers.
View from the top: The French connection
London's cosmopolitan nature means it is well placed to capitalise on emerging market opportunities, says Nicolas Aubert.
High Net Worth: Asia's growing wealthy and insurers gradually waking up to opportunities
The population of wealthy people in Asia is continuing to soar, creating significant opportunities for insurers offering premium products catering to their needs.
Chartis name change rumours resurface
AIG chief executive Robert Benmosche has indicated that Chartis may be renamed with the AIG brand, according to Bloomberg.
Olympics Countdown: Capital preparations
From July, the arrival of the world's largest sporting event will bring a influx of visitors to London, but what will the impact be on the capital's businesses?
Chartis exits "challenging" public sector
Chartis has claimed it is withdrawing from a longstanding arrangement underwriting UK public sector risks on behalf of an AJ Gallagher subsidiary because of a failure to secure "adequate and sustainable terms".
AIG 'considering' Chartis UK rebrand
Chartis UK has revealed that a decision has yet to be taken on its rumoured rebrand back to American International Group.
AIG to divest shares in AIA in September
American International Group will sell its shares in Asian insurer AIA Group after a lock-up period expires in early September, Reuters has reported.
Online video: Future technology and risk in the commercial lines sector
As companies become more ensconced in technology and reliant on it for all facets of business this video discussion looked at future technology, the risks such technology might bring for businesses, and how insurers should react.
My best 11: Elliot Miller, QBE
QBE national general manager Elliot Miller selects his Best XI for an insurance start-up. Miller has selected an entirely Scottish team, including a former Rangers legend in goal and a range of brokers and insurers.
AIG reports $3.2bn Q1 net income
American International Group reported net income attributable of $3.2bn for the quarter ended 31 March 2012, compared to net income attributable to AIG of $1.3bn for the first quarter of 2011.
Tata AIG launches lifetime renewable health policy
Tata AIG General Insurance Company has launched its lifetime renewable reimbursement health insurance policy in India.
Dual appoints Zurich Australia CEO Shane Doyle
The Dual Group has appointed former Zurich Australia chief executive Shane Doyle as deputy CEO, as the underwriting firm looks to expand its geographic reach.
Structural change: interview with Chartis UK MD Nicolas Aubert
Chartis' restructure put London at the heart of the firm's European operations, and UK managing director Nicolas Aubert is convinced recent structural changes will produce only profit and improved performance.
Chartis underscores £50m investment as UK profit drops 89% to £11m
Nicolas Aubert, UK managing director for Chartis Europe, has stressed the business is “well on the way to break even”, as the UK today revealed an underwriting loss of £51.7m (2010: £65.3m) and combined ratio of 103.6% (2010: 104.2%) for the year ending…
Post magazine - 5 April 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.