United States of America (USA)
Hank Greenberg trial back on track after appeal thrown out
Former AIG CEO Maurice ‘Hank’ Greenberg will stand trial after an attempt to escape civil fraud charges was thrown out by the US Supreme Court.
US and EU bilateral agreement on reinsurance should eliminate competitive disadvantage
Negotiations between the US and EU surrounding a bilateral agreement on reinsurance has been reiterated.
Aviva to delist shares in New York stock exchange
Aviva has delisted its shares from the New York Stock Exchange after selling its US insurance operations.
Liberty Mutual to acquire Ironshore for $3bn
Liberty Mutual Insurance is to acquire Ironshore, a global specialty lines company, from Chinese conglomerate Fosun International.
Trio of promotions at Arthur J Gallagher
The president of Arthur J Gallagher's property & casualty operations, James Gault, has been promoted to the newly created position of chairman.
R&Q completes first US-based novation
Randall & Quilter has completed its first US-based self-insurer novation.
UK insurers likely to be impacted if Trump triumphs as stock market faces a ‘battering’
The UK stock market is likely to take a “battering” tomorrow if US presidential hopeful Donald Trump wins the election and UK insurers will not be immune to the fallout.
What is wrong with the UK retail CEO role at Gallagher?
Stuart Reid was the fifth UK retail CEO to depart A J Gallagher in as many years. So what is it about the role that causes such a short tenure?
Lancashire pre-tax profits rise in Q3 results
Lancashire Holdings has reported a 30.4% increase in third quarter pre-tax profits, up to $42.9m (£34.4m) from $32.9m (£26.4m) for the same period last year.
Blenheim brings together former Cathedral team
Blenheim syndicate has confirmed new appointments in its property treaty and direct and facultative property teams.
Vantage holdings set to acquire more brokers following NSM acquisition
NSM has acquired Vantage Holdings, owner of outdoor leisure and liability broker Vantage Insurance Services and Classic Insurance Services.
AIG raises property terrorism limits to $1bn
American International Group has raised its property terrorism insurance limits globally to $1bn (£800m).
Roundtable: The future of the London claims market
With cyber advances and skills gaps among the challenges soon facing the claims market, how can the sector future proof itself? Post, in association with the Forum of Insurance Lawyers, hosted an industry roundtable to find out
Hurricane Matthew could cost insurers $8.8bn
Hurricane Matthew may cost insurers as much as $8.8bn, according to AIR Worldwide.
Foo Fighters withdraw suit against Lloyd’s insurers
A legal battle between the Foo Fighters and Lloyd’s of London insurers over compensation for cancellation of shows has been settled.
Aon acquires cyber risk specialist Stroz Friedberg
Aon is to buy US risk management firm, Stoz Fredberg.
Hurricane Matthew loss scenario tops $8bn as death toll rises
Total losses in the US from Hurricane Matthew could be up to $8bn (£6.5bn), according to modelled storm loss scenarios from RMS.
Hurricane Matthew likely to be a significant claims event as death toll rises
Hurricane Matthew is expected to be a significant claims event as it continues to progress through the Bahamas, following the news of hundreds of deaths in Haiti.
Japanese Sompo aims to become a 'truly global insurer'
Sompo's president and CEO, Kengo Sakurada has said the Japanese insurer aims to build a business which competes on a global scale with its purchase of Endurance.
Torlea buys Lloyd's broker Kinetic
Torlea Group has bought Kinetic Insurance Brokers.
Brit targets US marine market
Brit Limited has appointed Will Frohne and Craig McGinnes to its newly formed Marine business at Brit Global Specialty USA.
Applied Systems acquires IS2 platform
Applied Systems has acquired the eTrading personal lines platform from IS2, as part of a wider strategy to expand into the UK market.
Lemonade aims to shake up insurance with New York launch
Lemonade, the start-up insurer promising to donate its underwriting profit to charity, is to start offering insurance coverage in New York from today.
XL Catlin's Simon Cook on the role of reinsurers in cyber
Data breaches, ransomware attacks and social media scams are all making the headlines and are the stuff of nightmares for risk managers. It’s not surprising then that the insurance industry has been occupied with trying to develop solutions that respond…