News

Insurance

AIG sees departure of general insurance chair in speeded retirement

Group CEO Peter Zaffino credits the former Lexington CEO with major role in AIG recovery.   22 April 2024

Insurance

Airlines had $8bn in aircraft assets at-risk in Dubai airport flooding

Emirates leads the list with nearly 70% of the 190 aircraft on the ground at its home hub.   22 April 2024

Insurance

PERILS pegs Babet-Aline storm damage at €691m in 6M update

The British isles took the brunt of the storms at £474m, chiefly flood damage.   22 April 2024

Insurance

Insurers have paid ¥74.4bn to end-March on Noto earthquake

To-date payments puts the New Year’s event in 7th place on the Japanese earthquake ranking.   22 April 2024

Insurance

Hard markets and remediation pay off: London Market put to positive

‘Strong’ pricing across most lines spells solid underwriting profit, AM Best says.   22 April 2024

Insurance

Travelers still won’t touch Florida, sees further reform needs

Tort reform helped, but mandatory cat costs for admitted players skews the field.   22 April 2024

Insurance

Markel snags HDFC ERGO talent to head Indian underwriting operations

The appointee has 20 years’ experience and is expected to enhance growth in Asia.   19 April 2024

Insurance

DARAG buys major UK employer liability captive book

DARAG claims ‘a number of other attractive opportunities’ for M&A in advanced stage.   19 April 2024

Insurance

Energy sector drawing strong insurer capacity to stabilize market: WTW

But insurers are turning ever more savvy, creating a gulf between the best and the rest.   19 April 2024

Insurance

Middle East flooding bears 3-digit million cost, mild insurance bill

A week of severe storms and rain also hit the central and northeast US hard.   19 April 2024

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