Specialty
AIG Commercial P/C Profit Soars; $3.5B Stock Repurchase Planned
American International Group Inc. said it will repurchase another $3.5 billion in stock after first- quarter profit climbed 53 percent on gains at the unit selling property and casualty insurance to ...
PCI, NAMIC, AIA Urge Congress to Protect State-Based Insurance Regulatory Process
The Property Casualty Insurers Association, the National Association of Mutual Insurance Companies and the American Insurance Association are calling for Congress to ensure state-based insurance ...
Assurant Announces Possible Sale of Health Biz; Refocusing on Core P/C Specialty
Assurant announced a strategic decision to double-down on its property/casualty specialty insurance efforts, while considering possible sales of its employee benefits and health segments. "Following ...
At RIMS 2015, Cyber Threats were High on the P/C Industry’s Priority List
The insurance industry is increasingly concerned about protecting clients against the growing and poorly understood problem of cyber threats, a group of underwriters and brokers told an audience of ...
London Market: Center of Innovation or Stagnation?
When you think about the insurance market in London, one name tends to come to mind—Lloyd's of London. How something that started off as a coffee shop became such a global institution is a tale ...
Beazley Grabs Former Hiscox Exec to Grow Miscellaneous Medical Business
Beazley Group brought on a former Hiscox executive to help expand its miscellaneous medical insurance capabilities. Christopher Dunlavy will be based in Beazley's Atlanta office. The miscellaneous ...
AIG Signs on Four Firms to Boost Client Cyber Security Services
American International Group forged four new partnerships with cyber security companies in a bid to boost risk mitigation and prevention services for its clients. AIG declined to disclose financial ...
Zurich Insurance Backs Global Approach to Boost Cyber Security
Oversight that transcends national boundaries is necessary to strengthen cyber security beyond current, outdated policies maintained by individual governments, a new Zurich Insurance ...