AIG
Russian Roundup: Q4 2014
Insurance companies Allianz and AIG closed their business arms in Russia while Rosgosstrakh closed its Belarusian subdivision and continued to receive fines for breaching the law for selling compulsory motor third party liability insurance certificates
Roundtable: Customer retention: How to use data to keep hold of customers
Can the way data is used and analysed in the insurance industry pave the way to customer loyalty?
UK insurers undeterred on sharing society progress despite international Uber concerns
The banning of Uber in several territories will not deter the UK insurance industry's engagement with sharing economy companies, according to commentators, with telematics providers tipped to help small car-sharing organisations obtain cover.
New look IFB technical board to be chaired by Axa fraud boss Davies
Axa global chief fraud control officer Richard Davies has been appointed as chairman of the Insurance Fraud Bureau’s technical board as part of a shake-up that will result in an influx of new board members.
Insurers unfazed by CMA probe into Crawford's GAB acquisition
Insurer claims specialists are relaxed about the Competition and Markets Authority investigation into Crawford’s £45.8m acquisition of GAB Robins.
Bradford man who staged accidents receives suspended sentence
A fraudster who deliberately slipped on a wet bakery bag in a Lidl supermarket so he could make a bogus personal injury claim to AIG worth £10,000 has received a suspended prison sentence.
Ex-soldier and wife jailed for falsely claiming son was blinded
A husband and wife who conned AIG out of £70,000 by claiming a bicycle accident left their young son blind in one eye have both been sentenced to 12 months in prison for fraud.
Insurers urged to boost claims service to get competitive edge
Chubb and Hiscox have taken the top two spots in a ranking of claims service in the UK mid-market by Gracechurch Consulting.
AIG re-hires CNA regions boss Somers to help boost non-London GWP
AIG is pushing ahead with plans to bolster its regional presence across the UK with the appointment of CNA Insurance’s head of UK regions Phil Somers.
AIG to re-align distribution function in Scotland and Northern Ireland
AIG has named casualty business boss Ross McLeod as head of its new Glasgow office amid the re-alignment of its distribution function in Scotland and Northern Ireland.
AIG's Aubert appointed Willis UK CEO designate
Willis has appointed AIG EMEA chief operating officer Nicolas Aubert as CEO designate of its UK insurance business.
McLarens Aviation handling Virgin Galactic claims
McLarens Aviation has been appointed to handle claims emanating from the Virgin Galactic Space Ship Two crash, Post understands.
Spaven's broker role expands at AIG to South East Asia
AIG has expanded Scott Spaven's Singapore head of broker client management role to include South East Asia.
Parsons promoted at AIG Hong Kong
Stephen Parsons, AIG's head of claims and operations for Hong Kong, has been promoted to deputy CEO.
Insurers sign up to cyber summit agreement with government
Twelve insurers have signed a joined pledge to more actively highlight cyber threats to UK businesses and work more closely with government to improve cyber security risk management.
AIG reports 23% Q3 group post-tax profit leap
AIG's property casualty division has recorded a combined operating ratio of 102% in the third quarter of 2014 alongside a divisional pre-tax operating income of $1.1bn (£687m).
AIG reported to be lead insurer for Virgin Galactic loss
AIG is reported to be the lead insurer for the Virgin Galactic spaceship that crashed last week.
Ryan Specialty hires McKenna for UK expansion
Ryan Specialty Group has hired Peter McKenna to oversee the development of the company MGA strategy in the UK market.
Brokers criticise Aviva and RSA for lack of consistency
Insurance brokers are looking for a consistent strategy and team at the top from their insurer partners and anything else might make them think twice about where they place their clients' business.
Cobalt boss hails AIG appetite after capacity deal
The CEO of Shariah-compliant managing general agent Cobalt Underwriting has paid tribute to AIG after the US insurer agreed a deal to provide capacity for a range of covers.
AIG deal with Cobalt a 'statement' for London to be a global centre of Islamic finance
AIG has made 'clear statement' on behalf of the London insurance market that it is keen to make London a leading global centre for Islamic finance, according to Cobalt Underwriting CEO Richard Bishop.
C-Suite - Insurer: Stronger together
The power of acting in unity is being displayed around the world and insurers should follow its lead
RSA makes senior regional appointments
RSA has promoted Bruce Hanwell to liability portfolio lead (south).
AIG appoints Spaan as president and CEO Hong Kong
Rudi Spaan, head of broker and client management, Asia-Pacific at AIG to take on additional country roles.