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Insurance
AIG partners with United for travel insurance
American International Group (AIG) said on Oct. 18 that it has partnered with United Airlines to offer its travel insurance products and services on the airline’s website and mobile app.   18 October 2017
Insurance
MAI CEE hires Marsh exec for Central and Eastern European expansion
Insurance broker MAI CEE has hired Petr Antošík to fuel its Central and Eastern European expansion.   11 October 2017
Insurance
AIG’s Q3 $3bn nat cat loss is ‘manageable’, says Morgan Stanley
The nat cat loss estimate of $2.9-$3.1 billion for American International Group’s (AIG) third quarter are manageable, Morgan Stanley analysts said in an Oct.9 research note.   11 October 2017
Insurance
Aon sues Marsh over misappropriation of trade secrets
Aon Consulting has filed a lawsuit against Marsh over misappropriation of trade secrets, deceptive trade practices, unfair competition, and tortious interference with a prospective economic advantage.   10 October 2017
Insurance
Wildfires sweep through California’s vineyards
Wildfires swept through Northern California’s world-famous wine country, destroying homes and businesses, Reuters reported on Oct. 9.   10 October 2017
Insurance
Zurich signs £41m capacity deal with Rural; replaces XL Catlin
Zurich Insurance has entered into a new long-term capacity deal with Harrogate-based specialist agricultural insurer Rural Insurance.   10 October 2017
Insurance
AIG expects up to $3.1bn cat loss for Q3
American International Group (AIG) said on Oct. 9 that it expects to report third quarter 2017 pre-tax catastrophe losses net of reinsurance of $2.9 billion to $3.1 billion ($1.9 billion to $2.0 billion after-tax).   10 October 2017
Insurance
Validus faces $0.4bn nat cat loss in Q3
Bermuda-based Validus Holdings said on Oct. 9 that it expects to record losses from third quarter natural catastrophes in the amount of $378.9 million.   10 October 2017
Insurance
TigerRisk hires Swiss Re exec to head reinsurance unit
Reinsurance broking and risk/capital management firm TigerRisk Partners has appointed Seth Ruff as partner and head of reinsurance solutions.   10 October 2017
Insurance
Car insurance premiums see biggest quarterly drop for three years in UK
Comprehensive car insurance premiums have fallen by an average of 1.1 percent in the third quarter of 2017 in the UK, the largest quarterly reduction in premiums seen in more than three years.   10 October 2017

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