News
Insurance
American International Group (AIG) is raising $2.5 billion in debt as it prepares the funding for the acquisition of Bermuda-based Validus Holdings. 22 March 2018
Insurance
The board of London Market’s electronic placing platform PPL has appointed Hiscox chief executive Bronek Masojada as its new chairman. 22 March 2018
Insurance
Specialty property/casualty insurer AmTrust Financial Services has expanded its board of directors to eight with the addition of former KPMG partner Mark Serock. 22 March 2018
Insurance
Artificial Intelligence (AI) agents will take over many decisions from humans in future, but they cannot legally be held liable for those decisions, creating new liability challenges to the insurance industry, according to a new report by Allianz. 22 March 2018
Insurance
Managing general agent (MGA) Ascent Underwriting has appointed James Weatherstone as non-executive chairman. 22 March 2018
Insurance
Bermuda-based Maiden Holdings has created an insurtech team to help customers identify emerging technology and leverage it to achieve their strategic goals. 22 March 2018
Insurance
Uncertainties around Brexit mean Lloyd’s focus is on retaining its foothold in Europe – at the detriment of seeking further growth in emerging markets, the market’s chief financial officer has said. 21 March 2018
Insurance
Thomas Miller P&I (protection and indemnity), a wholly owned subsidiary of Thomas Miller Holdings, has made a series of senior management changes including a new chief executive. 21 March 2018
Insurance
After General Electric (GE) revealed a $15 billion statutory long-term care (LTC) reserve charge over 7 years in January 2018, KBW analysts mull over potential read-throughs to the industry. 21 March 2018
Insurance
Specialist insurer Tokio Marine Kiln has appointed Stuart Chamberlain as senior casualty underwriter. He joins TMK from QBE. 21 March 2018
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