International
Up to 16 Named Storms Forecast During Atlantic Hurricane Season
Researchers again boosted the number of storms the Atlantic may produce before the hurricane season ends as a missing Pacific El Nino and warm waters present favorable storm conditions. As many as 16 ...
Executives On The Move at Chubb and Willis Towers Watson
Chubb tapped two former Zurich executives and a third from within the company for its regional claims team. Willis Towers Watson appointed aa new corporate risk and broking market leader and ...
Liberty Mutual’s Ironshore Acquisition Helps Buttress Q2 Results
Liberty Mutual reported an improved 2017 second quarter, with a big jump in net premiums written and net income driven by its $3 billion acquisition of property/casualty specialty insurer Ironshore ...
Allianz’s PIMCO Touts $62B in Q2 Inflows; Ivascyn Credited With Turnaround
Allianz SE three years ago bet the future of its then $2 trillion bond firm on Dan Ivascyn, a little-known money manager at the time who had been picked to succeed Pacific Investment Management Co. ...
Volkswagen Seeks Dismissal of $1B Wyoming Environmental Lawsuit
Volkswagen AG, trying to put a massive emissions-cheating scandal behind it, has asked a U.S. judge to reject a lawsuit by Wyoming potentially seeking more than $1 billion in additional penalties for ...
AIG CEO Duperreault Wants to Rebuild Insurer’s ‘Strong’ Talent Bench
Brian Duperreault, American International Group's CEO since May, is trying to get the word out that the struggling insurer is a great place to work again. His predecessor, Peter Hancock, slashed jobs ...
AIG Follows Travelers, Chubb in Scaling Back Wall Street Guidance
Brian Duperreault, the new chief executive officer of American International Group Inc., said the company will scale back the projections it provides to Wall Street after his predecessors were burned ...
AIG Saved Money, But Saw Q2 Commercial Insurance Losses Climb
American International Group reported a difficult 2017 second quarter, with net income plunging over the previous year, and a commercial insurance combined ratio that came close to 103. The ...