AIG
Analysis: Back to school
With school resuming this week in most areas, Post has asked insurers about their classroom memories. Many enjoyed maths and some had quite colourful teachers. Find out what sports the C-suite used to play and what role they see for financial education…
AIG sees 87% spike in Greater China cyber enquiries following Wanna Cry
Following the global ransomware attack named as Wanna Cry in May Asian firms are becoming more interested in cyber insurance.
Berkshire Hathaway's underwriting losses continued in Q2
(Re)insurance giant Berkshire Hathaway swung from a $337m (£258m) underwriting profit in the second quarter of 2016 to a $22m loss in Q2 2017.
This Month in Post: AIG's UK CEO, BIA photos, terror car hire and tower fire
A look at this week's insurance news and this month's Post issue.
AIG's global commercial premiums fell 15% in Q2
US global insurance giant AIG posted a 102.7% combined operating ratio for commercial lines in the second quarter.
Interview: Anthony Baldwin, AIG
Eighteen months into his role, Anthony Baldwin, CEO of AIG Europe and AIG UK, talks to Stephanie Denton about restructuring, co-creating and being the first insurer to move to Luxembourg.
Ascot launches standalone MGA platform, appoints former AIG executive
Ascot has named former AIG executive Greg Wolyniec as new head of global strategy, effective 31 July 2017.
Blog: How to play the digital game
Transforming an established business to exploit the new touchpoints made available by digital is no easy task but it's a necessity that the full breadth of the insurance industry has woken up to, writes Robin Wolstenholme, senior marketing specialist at…
When cyber gets physical
Recent events such as the Wanna Cry ransomware attack and British Airways’ computer outage have helped to drive sales of cyber insurance, but there are concerns that a significant part of the risk is being overlooked
This Week in Post: Outdated and out of there
I was recently lamenting shortage of space in my toy-cluttered flat and a (childless) colleague mentioned the baby cages Victorian households used to hang out of their windows. “There were mercifully few deaths,” he joked, as I gazed at an online image…
Dive In to delve into the 'Diversity Dividend'
The 'Diversity Dividend' is the theme of the third edition of the Dive In festival taking place in September.
AIG plans acquisitions under incoming CEO
AIG is planning to slow the pace of share buybacks and instead spend on acquisitions, CEO Brian Duperreault has said.
AIG partners to deliver Blockchain-driven policy
AIG has partnered with IBM and Standard Chartered to deliver the first multinational insurance policy using Blockchain.
AIG to raise further $590m following United Guaranty sale
Following last year's sale of US mortgage insurer United Guaranty to Arch Capital, AIG has exercised several options.
Week in Post: Mayhem, Brexit and PR
It has been a year of political surprises, starting with Brexit, to Trump’s election and finally to today’s hung parliament.
Roundtable: Digital is an attitude
Being a digital insurer isn’t about the aptitude but the attitude. This was the conclusion of a roundtable I chaired recently for Post, in conjunction with SSP.
AIG's Anthony Baldwin on claims, actually
Technology and innovation are important to the insurance sector but Anthony Baldwin, CEO of AIG, says while concentrating on these insurers must not lose sight of what is important to the customer: the claim.
Empty shells or letter boxes ‘not acceptable’ post-Brexit subsidiaries, EU regulator says
Insurers looking to set up a post-Brexit base in the European Union will need to ensure their relocation plans have the proper supervision, the chairman of the European insurance watchdog has said.
FM Global chooses Luxembourg for post-Brexit hub
FM Global has been granted a license to operate in Luxembourg as the commercial property insurer looks to establish a post-Brexit base on the continent.
AIG’s credit rating affirmed by AM Best as Duperreault gets nod of approval
AIG’s credit rating has been affirmed by AM Best, putting an end to the firm's credit review and removing a potential roadblock to the firm’s profitability.
21 Uber drivers arrested in Hong Kong
21 people have been arrested in Hong Kong for driving without insurance and illegally driving a car for hire while working for Uber.
Liberty Specialty denies reports it has picked Luxembourg for post-Brexit base
Liberty Specialty Markets denied it had already made a decision over the base of its European Union subsidiary, despite reports it has picked Luxembourg for the base.
Claims aggregation: Joined-up thinking
The Supreme Court ruling in AIG has clarified the conditions under which claims can be aggregated, allowing insurers to reduce their exposure, but future cases will remain highly fact-sensitive
AIG appoints Duperreault as CEO
AIG has appointed Brian Duperreault as president and CEO, replacing Peter Hancock.