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AIG increases property terrorism capacity to $1bn

AIG announced today the expansion of its property terrorism insurance capacity from a $250mn limit per client to $1bn

Iulia Ciutina, 26 October 2016
XL Group unveils P&C revamp

XL Group has realigned its operating model into four distinct business groups, effective from 1 January, with reinsurance CEO Greg Hendrick moving up to take on a role overseeing the group-wide P&C operations.

Charlie Thomas, 26 October 2016
Hiscox launches joint $1bn fine art consortium

Hiscox is launching a $1bn fine art consortium venture, it announced today

Iulia Ciutina, 26 October 2016
Honours 2016 Post-Event Supplement

Welcome to our post-event supplement for the fifth Insurance Insider Honours, which took place on the 8 September 2016

26 October 2016
Matthew ‘not a game changer’: Everest Re

John Doucette, reinsurance CEO at Everest Re, has said that Hurricane Matthew would not be a game-changing loss for the sector

Fiona Robertson, 26 October 2016
Gen Re reorganises UK and Italy leadership

Berkshire Hathaway's reinsurance chief Ajit Jain has restructured Gen Re's UK and Italian leadership, installing Faraday CEO Pietro Toffanello as P&C head in both countries, The Insurance Insider can reveal

Adam McNestrie, 26 October 2016
AIG buries hatchet with Berkshire to end 3-year feud

AIG has agreed to resume trading with Berkshire Hathaway three years after it cut ties with Warren Buffett's firm following a high-profile staff raid, The Insurance Insider can reveal

Adam McNestrie, 26 October 2016
Casserley to leave Willis Towers Watson

Willis Towers Watson has announced that its president and deputy CEO Dominic Casserley is to leave the firm at the end of the year.

Dan Ascher, 26 October 2016
Assurant profit drops as Louisiana floods offset legacy gains

Specialty insurer Assurant reported that operating profits fell almost 42 percent to $60.7mn, or $1 per share, in the third quarter as catastrophe losses rose and contributions from mobile and legacy service contracts declined.

Ted Bunker, 26 October 2016
Chubb beats on Q3 earnings and ups merger savings forecast

Chubb reported operating income of $1.36bn, or $2.88 per share, in the third quarter, easily surpassing the analysts' consensus.

Ted Bunker, 26 October 2016

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