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AIG to acquire portion of Hamilton for $110mn

AIG has agreed to acquire Hamilton USA for around $110mn as part of a broad cooperation agreement with Hamilton Insurance Group that paves the way for the Bermuda-domiciled carrier's chairman and CEO Brian Duperreault to move to head up the insurance giant.

Bernard Goyder, 15 May 2017
AIG confirms Duperreault as CEO

AIG has appointed former Ace and Marsh & McLennan Companies (MMC) CEO Brian Duperreault as its new president and CEO

Bernard Goyder, 15 May 2017
WannaCry hack not a major cyber event for London

London's cyber insurance market looks to have relatively little exposure to the recent WannaCry ransomware attack, but experts have warned that there could be some fallout on kidnap and ransom (K&R) policies

Charlie Thomas, 15 May 2017
Talanx profit tops Q1 forecasts despite cat losses

Operating profit at German carrier Talanx held steady in the first quarter at EUR576mn ($629.4mn) despite higher large-loss catastrophe activity.

Matthew Neill, 15 May 2017
AIG confirms Duperreault as CEO

AIG has appointed former Ace and Marsh & McLennan Companies CEO Brian Duperreault as its new president and CEO

Bernard Goyder, 15 May 2017
Aviation rate cuts slowing: JLT

The airline market is showing signs that it is entering a harder phase after a period of sustained softening, JLT has said in its latest Plane Talking report

Bernard Goyder, 15 May 2017
Miles Smith seeks minority owner

Miles Smith Insurance Group has appointed Deloitte to run a bid process to bring in a private equity backer, The Insurance Insider has learned.

Adam McNestrie, 15 May 2017
Post-Brexit interest ahead of expectations: Luxembourg

Luxembourg's financial sector development agency expects two or three new carriers to announce plans to set up subsidiaries there in the coming weeks

Laura Board, 15 May 2017
Gen Re receives final India branch approval

Berkshire Hathaway subsidiary Gen Re has been granted final "R3" approval to set up a branch in India.

Matthew Neill, 15 May 2017
Opinion: Catalina process

If you run a live risk carrier with any real scale in global or US commercial lines business, you will probably have had a call from BarCap or JP Morgan's New York team over the last month or so

Adam McNestrie, 15 May 2017

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