Leadership & Strategy
‘All Options’ Still On The Table; Some Lloyd’s Biz Will Go: Aspen CEO
The chief executive of Aspen Insurance Holdings Limited described business changes to Aspen's Lloyd's insurance book last week, while neither unequivocally confirming or denying rumors that a deal to ...
The Latest Launches From Beazley and QBE North America
Beazley has a new consortium at Lloyd's designed to boost capacity for wage & hour risks. QBE North America expanded its operating agreement with a specialist professional liability managing ...
To AIG CEO Duperreault, the Path to Profitability Is ‘Not a Straight Line’
After a disappointing second quarter, AIG CEO Brian Duperreault restated his pledge that the struggling insurer would reach an underwriting profit after 2018. He also cautioned that the road to ...
AIG Confronts Q2 Underwriting Loss and an Investment Income Slump
American International Group Inc.'s second-quarter earnings took a hit on a slump in income from the insurer's investment portfolio. The stock fell as much as 6.1 percent. Profit in the period fell ...
The Latest Launches From AIR Worldwide and Willis Towers Watson
Catastrophe modeler AIR Worldwide is marketing new software designed to estimate potential losses of reinsurance contracts and portfolios, industry loss warranties and insurance-linked securities. ...
McElroy Chosen to Lead AIG’s Lexington Insurance Co., Replacing Stratts
American International Group said it plans to hire a veteran Arch Capital Group executive to lead its Lexington Insurance Company unit. David McElroy will become Lexington Insurance Co.'s new chief ...
German InsurTech Wefox, Survivor of Tussle With Lemonade, Nears Massive Financing
Wefox, one of Europe's fastest-growing insurance technology firms, is close to settling on a new "triple-digit million" euro funding round, with Softbank's Vision Fund among the suitors, three ...
Global Insurance M&A Rises in H1; Bermuda Generates Much of the Activity
Global Insurance M&A transactions climbed in the 2018 first half, with 186 deals completed worldwide, according to a new Clyde & Co. report. That number is up from 180 in the 2017 second ...