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Allianz News
Allianz news from Insurance Insider
The carrier is looking to achieve sustainable growth across its personal lines business.
White will join from Allianz trade, and Summers from Talbot.
Stephen Ridgers is leaving his current role as head of construction midcorp at Allianz Commercial.
The report highlighted the gap between insured and uninsured attacks is widening.
The toll of risk losses sustained by the PVT market this year is mounting.
Plus, the latest people moves and all the top news of the week.
The platform aims to “bend the loss curve”.
The insurer’s plans for the syndicate were revealed by this publication earlier this year.
Rates are bottoming out, but ample capacity is still preventing a hardening market.
A number of staff will be leaving the D&O team as a result of the restructuring.
The carrier’s overall P&C combined ratio improved 1.8 points to 91.2%.
Doan Nguyen-Huu also succeeds Claudia Valencia Lascar as unit head.
Incumbent Oskar Buchauer is stepping down after 27 years.
Liberty Mutual, Allianz and Aviva previously had their appeals dismissed.
Plus the latest people moves and all the top news of the week.
Lloyd’s executives have suggested ceded reinsurance syndicates could help London compete in treaty.
The carrier said the cuts will help it to become a “simpler, digital-led business”.
The executive previously spent 15 years in a variety of roles at Zurich.
Working out ROI on sponsorship deals is difficult, but the sport is beloved by insurance brands.
Politically related exposures are growing for the marine market.
While M&S had a cyber policy in place, Co-op and Harrods did not, Insurance Insider revealed.
Plus the latest people moves and all the top news of the week.
The carrier’s overall P&C combined ratio improved 0.1 points to 91.8%.
Insurance Insider revealed earlier this week that the underwriter had resigned from Allianz.
Competitor news
Competitor news
Competitor news
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Zaffino said AIG will continue to assess strategic opportunities after the Convex, Onex and Everest deals. -
Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database.
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The deal confers a high multiple on Convex and gives AIG re/specialty exposure.
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