News
Insurance
C-Quence, a new insurtech managing general agent (MGA) with a commercial insurance trading and underwriting platform, has been launched in London. 29 January 2019
Insurance
Insurer Chubb has entered into a 15-year life and general insurance distribution agreement with Banco de Chile, the largest bank based in Chile, to further expand its presence in the Latin American market. 28 January 2019
Insurance
American International Group (AIG) has appointment Edward Levin as global head of accident & health, general insurance. 28 January 2019
Insurance
Allied World Assurance Company Holdings has reshuffled the leadership of its Bermuda operations as part of its growth and expansion strategy on the island. 28 January 2019
Insurance
Specialist insurer QBE has hired a senior executive from Allianz as director of motor for the UK. 28 January 2019
News
AIG's insurance-linked securities (ILS) unit AlphaCat Managers has completed a $5 million private catastrophe bond transaction with Brazilian reinsurer Terra Brasis Re. 28 January 2019
Alternative Risk Transfer
AlphaCat Managers, AIG's third-party reinsurance capital management and insurance-linked securities (ILS) unit, has entered into an ILS transaction with Ledger Capital Markets. 18 January 2019
Insurance
Thomas Firouz Motamed, former CEO of CNA Financial Corporation, has been elected to the board of directors of American International Group (AIG). 16 January 2019
Insurance
The Hanover Insurance Group expects catastrophe losses of $50 million pre-tax for the fourth quarter of 2018. 16 January 2019
Insurance
Insured losses from major natural catastrophes in 2018 totalled roughly $71.5 billion, slightly more than the annual average since 2011 but the third-highest total during the eight-year period, according to Willis Towers Watson reinsurance unit Willis Re. 16 January 2019
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