July 2017/3
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When Peter Zaffino joins AIG as chief operating officer next month, the carrier will gain a tough but ruthlessly efficient business leader, sources have said.
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No one could accuse AmTrust CEO Barry Zyskind and his team of shying away from a challenge.
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In inking a multi-hundred million dollar adverse development deal with Premia, AmTrust has sought to provide investors with further clarity over its financial position.
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Underwriters - are you scared of big bad brokers threatening to cut off your dwindling supply of profitable business if you don't do what they want?
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Axis' proposed £468mn ($603mn) acquisition of Novae is just the latest example of the ineluctable drive towards consolidation in the sector, as the smaller publicly traded carriers are picked off by their larger rivals.
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