AIG
R&Q and MPPA reach agreement
Randall & Quilter has reached an agreement with MPPA Insurance to receive by way of novation all contracts underwritten by MPPA.
Claims Awards 2013
The Post Claims Club celebrated its 10th year in style last week at the Grosvenor House Hotel with the Third Annual Claims Awards.
Claims Awards 2013: Innovation of the Year – AIG
AIG’s use of the latest technology has revolutionised its investigation reporting, heralding a dramatic drop in time taken to assess and process claims, bringing benefits to policyholders.
Post Claims Awards - Ageas, AIG, Allianz, LV, Hiscox and RSA among the winners
LV and Ageas both won individual and team awards at last night's Post Claims Awards at the Grosvenor House Hotel.
View from the Top: London must lead the way
Innovation is key if the London market is to retain its global importance to the industry, says Nicolas Aubert.
Brit enters political & credit risk market
Brit has entered the political & credit risk market with the appointments of Peter Jenkins and John Lentaigne as co-heads of the new division.
AIG extends oil and gas cover
AIG has expanded its oil and gas product to offer increased limits and cover, coupled with stronger specialist loss control services.
AIG tackles cyber risk via the ipad
AIG has launched an ipad CyberEdge product to help companies navigate through the challenges of cyber crime and data breaches.
AIG to invest $92.5m in PICC
AIG, a major shareholder of PICC, has announced the $92.5m (HK$718.1m) investment after PICC's Property & Casualty announced its intention to raise money through a rights issue.
Six foreign insurers granted China motor licenses
Six foreign insurers have been given licenses to operate in China’s compulsory motor market, twelve months after the market was first opened up to foreign insurers.
Axa leads the way in Brokerbility satisfaction survey
Axa has been rated the highest performing firm among Brokerbility’s seven key insurer partners in the collective broking organisation’s bi-annual satisfaction survey.
Biba 2013: Brokers urged to put multinational programmes ‘on the table’
Brokers need to put multinational programmes “on the table” when speaking with clients about their insurance options, according to Stephen Morton, vice president, multinational centre of excellence at AIG.
Japan Earthquake: A seismic shift
The sheer size and scale of the Tohoku earthquake and tsunami has change the face of insurance in the region forever.
Markel International hires professional risks specialist
Markel International has appointed Bhavik Desai as an underwriter in its professional and financial risks division.
AIG targets London market as it reveals its 2012 results
AIG UK is past its crisis and ready to hit the London market hard, according to its UK managing director Nicolas Aubert.
AIG targets marine, P&C growth in London
US insurance giant AIG is hoping to see its European operation, which includes the business formerly known as Chartis, grow in London’s wholesale market.
Ex-Zurich underwriting boss Meyrick joins XL marine team
XL Group has appointed Lee Meyrick as chief underwriting officer for global marine and offshore energy.
View From the Top: MGAs still have some growing up to do
Like many of my colleagues in the industry, my perception of managing general agents used to be narrow. However, in 2012, after a 25-year career with major global insurers including Zurich and AIG, I joined one.
Ex-Airmic chair Taylor joins Ascot board
Ascot Underwriting has appointed Paul Taylor as an independent non-executive director and chair of it’s risk committee.
Allianz Global Corporate & Specialty names Hong Kong CEO as regional financial lines head
Allianz Global Corporate & Specialty is to dispatch its Hong Kong chief exec to London in a new role as regional financial lines head.
Lesbian, gay, bisexual & transgender insurance network launched
Two hundred insurance professionals attended last night's launch of the Lesbian, Gay, Bisexual and Transgender Insurance Network known as Link.
Prudential fined £30m over failed AIA bid
The UK's Financial Service Authority has fined Prudential £30m for failing to report the AIA acquisition plans to the regulator.
FSA fines Prudential £30m and censures CEO over AIA deal
The Financial Service Authority is set to fine Prudential £30m and censure its chief executive Tidjane Thiam, for failing to report the AIA acquisition plans to the regulator.
Chartis Hong Kong rebrands
Chartis Hong Kong has rebranded to AIG Hong Kong in line with other rebrands across the global insurer.