Articles

Insurance

AI-powered insurtech Zesty.ai raises $13m capital for expansion

US-based artificial intelligence (AI) startup Zesty.ai has secured a $13 million investment in its Series A financing round, led by Luxembourg-based private investment fund Blamar.   10 December 2018

Insurance

Everest poaches CUO from Travelers in Canada

Everest Re Group has appointed Kevin Pinto as new chief underwriting officer (CUO) of Everest Insurance Company of Canada (EvCan).   10 December 2018

Insurance

AIG chief data officer joins AI insurtech Planck Re

American International Group's (AIG's) chief data officer Leandro DalleMule has joined insurtech startup Planck Resolution as general manager, North America.   10 December 2018

Insurance

Liberty merges, rebrands Ironshore Bermuda

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group is integrating its Ironshore Bermuda businesses and rebrands it as Liberty Specialty Markets Bermuda.   6 December 2018

Insurance

AIG expects up to $800m cat loss in Q4

American International Group (AIG) is expecting natural catastrophes to cost the insurer between $750 and $800 million pre-tax in the fourth quarter of 2018, CEO Brian Duperreault said during a Dec. 5 Goldman Sachs US Financial Services Conference.   6 December 2018

Insurance

MetLife Japan CEO Shah departure causes leadership reshuffle

Insurer MetLife has appointed new leaders for Japan and the EMEA region following the departure of Sachin Shah, chairman, president and CEO of MetLife Japan.   5 December 2018

Insurance

Zurich tackles commercial operations in North America

Zurich Insurance Group wants to improve the performance of its commercial insurance business in North America in order to lower the combined ratio of its overall operations in the region.   5 December 2018

Insurance

AIG appoints new Asia Pacific CEO from MetLife

American International Group (AIG) has appointed Sachin Shah as chief executive officer (CEO) of Asia Pacific, AIG General Insurance.   5 December 2018

Insurance

AIG appoints Lyons as chief financial officer

American International Group (AIG) has appointed Mark Lyons as executive vice president and chief financial officer (CFO), succeeding Sid Sankaran.   5 December 2018

Insurance

Generali acquires asset manager from Bank of America

Italian insurer Generali is accelerating its asset management strategy by acquiring 100 percent of CM Investment Solutions (CMISL) from Bank of America Merrill Lynch.   5 December 2018

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