The US House of Representatives has unanimously passed legislation designed to end confusion around the federal requirements imposed on systemically important insurers that fall under the supervision of the Federal Reserve.
Fireman's Fund CEO Andrew Torrance will step down from the Allianz subsidiary as part of a restructure following the combination of the firm with Allianz Global Corporate & Specialty (AGCS) North America.
Ratings agency Standard & Poor's (S&P) has downgraded four Italian insurers, including Generali, after lowering Italy's long-term sovereign credit ratings earlier this month
Art Moossmann will lead the recently combined Fireman's Fund and Allianz Global Corporate & Specialty (AGCS) North American business, AGCS revealed in a statement
