Insurance Industry Groups Join Forces to Help UK Career-Break Women Return to Work March 16, 2021 Nine leading insurance industry businesses announced the creation of a program in the UK that will enable “career-break” professionals to...
As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations February 2, 2021 By Tim Quinson As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is...
Update: AIG Weighs IPO or 19.9% Stake Sale of Life and Retirement Unit November 6, 2020 Insurer American International Group Inc said on Friday it is considering an initial public offering or a private sale of...
AIG’s Profit Slumps on Q3 Catastrophe Losses November 6, 2020 American International Group Inc reported a slump in third-quarter profit on Thursday, hurt by losses related to storms, wildfires and...
AIG’s Plan to Divest Life & Retirement Business Could Prompt Ratings Downgrades November 2, 2020 By Mark Hollmer American International Group’s plan to downsize by divesting its Life & Retirement (L&R) business is drawing cautious and wary reactions...
Update: COVID-19 Business Interruption Claims Take Center Stage in London Court Case July 20, 2020 By Lucca de Paoli and Benjamin Robertson UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol,...
Safeco, Heritage Agree to Offer Renewals to AIG’s Upper Middle Market Clients June 30, 2020 American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage...
Global Insurers Pulled into Epicenter of COVID-19 Crisis, Firmly in Uncharted Territory June 10, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift....
Insurers Zurich and Chubb Raise Cover for Canada Oil Sands Pipeline: Filings May 13, 2020 By Carolyn Cohn, Simon Jessop and Noor Zainab Hussain Major insurers Zurich and Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian...
AIG Launches Largest-Ever Syndicate at Lloyd’s, Operating in High Net Worth Sector May 4, 2020 American International Group has launched Lloyd’s Syndicate 2019 — the largest-ever syndicate to be launched at Lloyd’s. Syndicate 2019 will...