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Insurance
California insurance commissioner Dave Jones has urged the US Justice Department to block the merger between CVS and Aetna. 2 August 2018
Insurance
Two former insurance agents were sentenced to a combined 10 years in prison in California after being found guilty of a life insurance scheme. 2 August 2018
Insurance
French insurer AXA has reported a decline in net earnings in the first half of 2018 due to the impairment of intangible assets linked to the transformation of its Swiss Group Life business, the negative impact from the change in the fair value of financial assets and derivatives, as well as exceptional charges linked to the IPO of AXA Equitable Holdings. 2 August 2018
Insurance
Bermuda-based Everest Re CEO Dominic (Dom) Addesso has explained how the reinsurer miscalculated the cat losses from 2018 which made the company issue a profit warning for its second quarter 2018 results. 1 August 2018
Insurance
The Generali Group has improved the property/casualty (P&C) operating performance in the first half of 2018, driven by a better technical result. 1 August 2018
Insurance
American International Group (AIG) is selling 19.9 percent of its legacy portfolio DSA Re to private equity firm The Carlyle Group. 1 August 2018
News
Mergers and acquisitions (M&A) in the global insurance industry rose in the first half of 2018 with 186 completed deals worldwide, up from 180 in the second half of 2017, according to Clyde & Co’s Insurance Growth Report mid-year update. 1 August 2018
Insurance
Willis Towers Watson (WTW) has filed a lawsuit against its former North America construction industry leader William Noonan claiming that he has breached contract by taking, using, or disclosing confidential Information when he took a job at Alliant and by soliciting key employees on behalf of Alliant 25 July 2018
Insurance
Intermediary Hyperion Insurance Group's chief financial officer (CFO) Oliver Corbett has decided to leave the company to pursue other opportunities. 25 July 2018
Insurance
Allianz Global Corporate & Specialty (AGCS) has appointed Stefania Davì-Greer as head of financial lines for its regional unit London (RUL). 25 July 2018
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