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Reserves and operating improvements are catalysts for AIG stock: analysts

American International Group (AIG) shares that have been trending solidly up since the start of February were given a ringing endorsement last week in a pair of bullish analyst notes with "buy" recommendations.

20 April 2015
PSP closes Amwins investment

Canada's Public Sector Pension Investment Board (PSP) has completed its strategic investment in Amwins that values the US wholesale giant at $2.3bn - a move first revealed by The Insurance Insider last month.

David Bull, 20 April 2015
TigerRisk Ursano hire reflects agnostic approach to capital

TigerRisk's coup in luring Tony Ursano from Willis Capital Markets & Advisory (WCMA) is designed to present an integrated face to the market that reflects an agnostic approach to the sources of insurance and reinsurance capital.

David Bull, 20 April 2015
US insurer Interboro in sales process

East coast-focused US personal lines insurer Interboro Group has been placed up for sale as its backers look to exit their stakes, The Insurance Insider can reveal.

20 April 2015
Ebitda soars at Cooper Gay, but valuation down a quarter

Cooper Gay Swett & Crawford's Ebitda surged in 2014 after a strong second half mitigated damage done in the first, but the company's valuation was still marked down sharply, according to documents obtained by The Insurance Insider.

Adam McNestrie, 20 April 2015
AFG in $1.2bn medical run-off sale

US insurer American Financial Group (AFG) has announced the sale of its $1.2bn legacy book containing long-term care and life reserves to publicly traded holding company HC2.

Dan Ascher, 20 April 2015
Aon launches D&O facility

Global broker Aon has rolled out a new directors' and officers' (D&O) facility for the Lloyd's market, according to sister title Inside FAC.

Marcus Alcock, 20 April 2015
Programme start-up Spinnaker aims for $50mn mid-year launch

Dave Ingrey's proposed new $50mn US homeowners' property insurance start-up is aiming for a mid-year launch to target cat-exposed programme business written for its own book and as a fronting carrier.

David Bull, 20 April 2015
Revised $75mn NCAA settlement heard in US court

A revised $75mn settlement proposed by the National Collegiate Athletic Association (NCAA) to resolve concussion-related class action lawsuits has been heard in a US district court for the first time.

Jenny Messenger, 20 April 2015
Korean ferry salvage expected to cost $110mn

South Korean President Park Geun-hye has said the time has come to organise the raising of the Sewol ferry, which sank in the Yellow Sea last year.

Dan Ascher, 20 April 2015

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