general insurance News
Ortega Becomes New Head of Chubb’s Overseas General Insurance Division
Chubb promoted one of its executives to a key position within its General Insurance division. Juan Luis Ortega has been named president, Overseas General Insurance and he will also have the title of ...
AIG’s Duperreault Promises a Full Year of General Insurance Underwriting Profit, Catastrophes or Not
American International Group President and CEO Brian Duperreault insists that the insurer's General Insurance unit will generate an underwriting profit through all of 2019. During the insurer's May 7 ...
At Long Last, AIG Achieves a General Insurance Unit Underwriting Profit
Insurer American International Group Inc reported first-quarter earnings that trounced Wall Street estimates on Monday, as its general insurance business posted its first underwriting profit since ...
General Insurance Blues: AIG Ended 2018 With Another Money-Losing Quarter
American International Group's road to profitability continues to be both slow and challenging. High catastrophe losses in the fourth quarter presented yet another obstacle. The property/casualty ...
Allianz Will Buy Sri Lanka’s Janashakthi General Insurance for $106.3M
Allianz announced it has inked a deal with Janashakthi Insurance PLC (JINS) to acquire its subsidiary Janashakthi General Insurance Ltd. (JGIL) for 106.3 million. The transaction will go through ...
AIG Names New Division Leaders for Lexington Insurance, North America General Insurance
American International Group recently made two new major domestic executive appointments: Lex Baugh is AIG's new chief executive officer, North America General Insurance, and George Stratts has been ...
AIG Hires Novae Veteran as New Reinsurance Head
American International Group brought on a former Novae group executive to lead its reinsurance and other divisions. Charles Fry joined the company as head of Reinsurance, Operations and ...
Zurich Insurance in Asia Pacific Region Revamps Commercial Insurance Structure
Zurich Insurance has revamped the structure for its Commercial Insurance business in the Asia Pacific Region, following the combination of its Global Corporate and Commercial units into a single ...