News
Insurance
American International Group (AIG) is carrying a “modest” $17m excess reserve cushion, the first redundancy since 2010, according to Morgan Stanley research. 31 May 2018
Insurance
Bermuda-based Hamilton Insurance Group has appointed Brenton Slade as senior vice president of Hamilton Capital Partners, a new business unit that will be tasked with the development of the company's capital management capabilities. 31 May 2018
Insurance
Rick Pagnani, the chief executive officer (CEO) of Everest Re Group's specialist reinsurer Mt. Logan Re, is stepping down after leading the Bermuda-based company for five years. 31 May 2018
Insurance
AmTrust Financial Services has informed shareholders that "a representative of the company will count the votes and act as an inspector of election" at the company's special meeting next week, which means that the company will act as judge and jury of the shareholder vote on June 4, according to activist investor Carl Icahn. 31 May 2018
Insurance
Insurtech startup Wrisk, which is backed by firms like Munich Re, Hiscox and QIC, has raised over £500,000 in two days in its second crowdfunding campaign. 31 May 2018
News
Berkshire Hathaway became the world's third-largest reinsurer in 2017 driven by the $10.2 billion American International Group (AIG) deal, pushing Hannover Re and SCOR to fourth and fifth place, respectively, according to S&P Global Market Intelligence. 29 May 2018
Insurance
London-based specialty insurer Newline Group is launching its post-Brexit European Union insurance hub in Cologne, Germany. 29 May 2018
Insurance
French insurer AXA has designed a new car insurance cover in collaboration with ridesharing platform BlaBlaCar. 29 May 2018
Insurance
Flock, a London-based startup that wants to use of real-time data in insurance, has raised a£2.25 million seed funding round from a range of global investors. 29 May 2018
Insurance
American International Group (AIG) has expanded its presence in the pension risk transfer market after reaching agreements on the two largest plan termination transactions of 2017. 29 May 2018
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