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American International Group (AIG) has elected thirteen directors to its board at the company's annual shareholder meeting on June 28. 29 June 2017
Insurance
Netherland-based insurer Aegon has completed its divestment transaction with Wilton Re, a company focused on the North American life insurance market. 29 June 2017
Insurance
Dutch firm EXIN Financial Services Holding said on June 29 that it acquired a 75 percent stake in insurer Ethniki Hellenic General Insurance from the National Bank of Greece (NBG) for €718 million. 29 June 2017
Insurance
The World Bank (International Bank for Reconstruction and Development) has launched bonds that will support the Pandemic Emergency Financing Facility (PEF), which will channel first-response surge funding to developing countries facing the risk of a pandemic. 29 June 2017
Insurance
Global insurers expect insurtech growth to threaten their revenues, according to a PwC survey. 29 June 2017
Insurance
Private auto net incurred losses will increase by nearly 7 percent in 2017 to a new record of approximately $154 billion, reflecting elevated volume and costs of claims, according to the third annual US Property & Casualty Insurance Market Report by S&P Global Market Intelligence. 29 June 2017
Insurance
AXIS Insurance, part of Bermuda-based AXIS Capital Holdings, has appointed James DeSimone as senior vice president to lead its primary casualty business in the US Northeast and Midwest regions. 28 June 2017
Insurance
Specialist insurer Beazley has expanded its team focused on US management liability risks with the appointment of underwriter Jason Lowney. 28 June 2017
Insurance
Bermuda-based AXIS Insurance, a part of AXIS Capital Holdings, has appointed Marc Nance to executive vice president, excess and surplus property. He will be based in AXIS' Chicago office. 26 June 2017
Insurance
Top cyber insurance writers have shifted their writings to standalone policies and away from packaged policies, according to a June 22 AM Best report. 23 June 2017
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