U.S.
Executives On The Move at XL Catlin, Kemper and Arch Insurance Group
XL Catlin promoted two executives in the U.S. and Bermuda. Kemper hired a former AIG executive to lead a key business line, and another at the company has been promoted. Arch Insurance Group named ...
Zurich Combines North America Commercial, Global Corporate Units; Horgan to Lead
Zurich Insurance Group continues its ongoing effort to reorganize and streamline with news that its North America Commercial Markets and Global Corporate businesses will combine into one division. ...
Liberty Mutual Completely Reverses Last Year’s Massive Q3 Loss
Liberty Mutual Holding Co. scored a significant profit during its 2016 third quarter versus the same period a year ago, thanks in part to rate increases and more policies in force. The insurer and ...
The Latest Launches From QBE North America, Aon, Arch Insurance and More
QBE North America and Stateside Underwriting Agency will provide new products for mortgage-related professionals. Aon unveiled a service for companies struggling to comply with new EU data protection ...
Generali Hires Ex-Allianz Exec to Run New U.S.-Based Global Construction Practice
The U.S. arm of Generali Group launched its new Global Construction Insurance practice and has hired a former Allianz executive to run it. Greg Mason will serve as vice president of Construction for ...
AIG Apartment Mortgage Lending Climbs 20 Percent, Reaching $5.2B
American International Group Inc., the largest commercial insurer in the U.S. and Canada, has been increasing lending for apartments as the company seeks to counter low yields on publicly traded ...
Struggling Greenlight Capital Re Hit With A.M. Best Ratings Downgrades
Greenlight Reinsurance Ltd. has been seeking to improve underwriting results after months of losses. But it apparently hasn't moved fast enough for A.M. Best, which slapped it with credit ratings ...
AIG’s Mixed Results Lead to Stock Drop, Wall Street Skepticism
American International Group Inc.'s assurances of underwriting progress are drawing increased skepticism from Wall Street analysts after another disappointing quarter. Results from international ...