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American International Group (AIG) owned Japanese general insurance companies AIU and Fuji Fire and Marine have set their merger completion date to January 1, 2018 to form a new company that will start operating on a consolidated basis from April 1. 14 February 2017
Insurance
Law firm RPC has named Simon Laird as head of insurance. He succeeds James Miller in the role, who was recently elected as the new managing partner. 14 February 2017
Insurance
Arch Insurance, a member of Arch Capital Group, has appointed Greg Johnson in the US as vice president of business development for travel. 14 February 2017
Insurance
Former AIG boss Maurice “Hank” Greenberg has reiterated and reaffirmed publicly that he did absolutely nothing wrong while at the helm of the company. 14 February 2017
Insurance
SCOR Global Life has made several promotions in the US with immediate effect, including chief actuary, COO and head of US markets. 14 February 2017
Insurance
Bermuda-based Arch Capital has announced that its full year 2016 results saw a slight rise in profits of just two percent from its 2015 results, despite significant premium growth. 14 February 2017
Insurance
Bermuda-based specialist global insurer Hiscox has appointed Louise Dennett to the newly-created role of director of finance change. 13 February 2017
Insurance
Former AIG boss Maurice “Hank” Greenberg, along with former chief financial officer Howard Smith, have agreed to settle a 12-year old $9 million securities fraud case. 13 February 2017
Insurance
A likely reduction in the UK's Ogden discount rate in February 2017 would result in higher costs for claims settled as a lump sum, Fitch Ratings said. 13 February 2017
News
Sompo Canopius Re has appointed Christopher Gray as the head of protection and indemnity (P&I) reinsurance, effective immediately. 13 February 2017
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