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Allied World Global Markets hires FI head
Allied World's London market and international division has appointed Jacqueline Hall-Shaw to head up its financial institutions (FI) team.
Matthew Neill
,
15 November 2016
Lloyd’s appoints Vagnone as strategy director
Lloyd's has named Generali's Paolo Vagnone as its new director of strategy and change as the Corporation works to bring its executive team back to full strength.
Catrin Shi
,
15 November 2016
Berkowitz drops 17% of AIG holdings
Bruce Berkowitz's Fairholme Fund has decreased its stake in AIG by 17 percent, according to the company's latest 13F filing.
Matthew Neill
,
15 November 2016
AIG sells Japanese life unit
AIG has sold its Japanese life business AIG Fuji Life Insurance Company to FWD Group, as it continues to streamline its operations
Catrin Shi
,
15 November 2016
Insider 30 enjoys Trump bounce
The P&C insurance sector made strong gains last week as initial expectations of a rout following Donald Trump's shock win in the US presidential election proved unfounded, with financial stocks galloping forwards, led by banks and life insurers.
Iulia Ciutina
,
15 November 2016
Returns fall for US specialty carriers in Q3
Aggregate returns for the US specialty composite dropped year-on-year in the third quarter as underwriting margins narrowed while investment yields remained relatively flat.
Iulia Ciutina
,
15 November 2016
US specialty combined ratios worsen in Q3
The Insurance Insider's new composite of six major players in the US specialty market recorded lower underwriting margins as the third quarter was hit by weaker reserve releases and higher core loss ratios.
Iulia Ciutina
,
15 November 2016
Top line growth slows for US specialty carriers
The upward trajectory in premium growth for US specialty carriers started to show signs of plateauing in the third quarter as insurers pulled back from some lines amid competitive pricing.
Dan Ascher
,
15 November 2016
Slowdown in insurance rate softening continues
There is evidence that the stabilisation of rates seen in parts of the reinsurance market may be starting to arrive in the primary insurance space, albeit with a significant lag.
David Bull
,
15 November 2016
News digest
Hellman joins Thomas Miller; Marsh acquires Bluefin; Brit diamond consortium; New Zealand earthquake; Standard Syndicate loss deteriorates; Watsa backs US equities; TMK 2015 forecasts down; Aspen appoints insurance head; UK China ILS appeal; Zurich names UK CEO; Allianz P&C profits up; Hannover Re Matthew loss; XL appoints global excess casualty president.
Matthew Neill
,
15 November 2016
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