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Everest deal offers AIG growth ‘without reserve risk’ or capital need: Zaffino
The global insurer will pick up a $650mn portfolio of US casualty business.
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AIG will fold the portfolio into its existing business, leaving the liabilities and legal entities with Everest.
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Consolidated NWP reduction was driven by the reinsurance segment, partly attributable to two transactions in Q3 2024.
Latest News
Latest news
A roundup of all the news you need, including the latest on Hurricane Melissa.
The storm could bring flooding to Jamaica, Cuba and Haiti.
Willis Re kicked off its talent acquisition with mass hiring from Guy Carpenter over the summer.
APIP is one of the world’s largest property programs.
Opinion
Featured and most read
Featured and most read
Featured
AWS outage: Behind global headlines, cyber implications limited
A canvassing of the cyber market suggests the impact will be negligible.
Most read
Analysis
Analysis
Reinsurers are willing to concede on pricing, while cyber interest is on the rise.
Part five in our series looks at how AI can empower brokers to add value as well as speed.
Insurance grad vacancies were down 18% year-on-year in the UK, ahead of a 3% nationwide drop.
Differentiating Lloyd’s claims performance could help drive business to the market.
Interviews
Interviews
The syndicate says it will not set any top-line targets on digital follow strategies.
The CEO said that IGI’s action within its PI book showed it was ready to walk away from unprofitable business.
The European broker said a London wholesaler is the ‘missing piece’ of its strategy.
The MGA is also looking to build out its US mid-market professional liability expertise.
Behind the Headlines
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Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.
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