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Everest Re poaches AIG exec for reinsurance role
Everest Re has appointed Sean Berry as vice president and head of the reinsurance division’s international property facultative unit.   17 May 2016
Insurance
Hamilton opens new London offices to support Lloyd’s growth
Hamilton Insurance Group is opening new offices in London to support its growth in the Lloyd’s market.   12 May 2016
Insurance
Argo appoints AIG exec as chief actuary
Argo Group has appointed Robert (Bob) Katzman as chief actuary, reporting to Jay Bullock, Group chief financial officer.   11 May 2016
Insurance
Everest hires former AIG exec to lead US property division
Everest Re Group has appointed Erik Nikodem as leader of its US property division.   11 May 2016
Insurance
AIG secures $300m of indemnity reinsurance coverage for MI portfolio
American International Group (AIG) has announced its mortgage insurance business United Guaranty Corporation (UGC) obtained $298.6 million of indemnity reinsurance from Bellemeade Re II, a special purpose insurer, for a portfolio of mortgage insurance (MI) policies issued in 2008 and prior years.   10 May 2016
Insurance
AIG completes sale of Advisor Group
American International Group (AIG) has completed the sale of its subsidiary Advisor Group to investment funds affiliated with Lightyear Capital, a private equity firm specialising in financial services investing, and PSP Investments, one of Canada’s largest pension investment managers.   9 May 2016
Insurance
Duperreault hails potential of data science to transform industry
Brian Duperreault, chairman and chief executive officer of Hamilton, has hailed the company’s partners on a new joint venture to create a new technology-enabled customer-centric insurance platform for the small to medium enterprise (SME) market as “kindred spirits” in terms of their mutual belief in how data science has the potential to revolutionise the industry.   4 May 2016
Insurance
XL Catlin hires AIG exec to launch global retail A&H unit
XL Catlin’s has formed a new global retail accident & health business and appointed Patrick Corbett to global chief underwriting officer, retail accident & health, insurance.   4 May 2016
Insurance
Aspen poaches AIG exec to lead international cyber risk
Aspen Insurance, the insurance segment of Aspen Insurance Holdings, has appointed Raheila Nazir as head of international cyber risk.   3 May 2016
Insurance
AIG hits the red as income plunges
Multinational insurance firm American International Group (AIG) has reported a net loss of $183 million for the first quarter of 2016, compared to net income of $2.5 billion over the same period of 2015.   3 May 2016

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