American International Group's massive legacy reinsurance deal with National Indemnity transfers a $20bn limit, with a $25bn excess, on its US casualty business, reserved by AIG at $34bn, with the US insurer paying at least $9.8bn up front to National Indemnity.
Launched at Davos, the WINnERS project aims to create resilient food production supply chain across Sub-Saharan Africa.
An agreement between the EU and the UK should stop re/insurers having to post collateral after Brexit.
A rollback of US regulations introduced following the financial crisis is possible, but a broad repeal of restrictive rules is less likely, according to a report from Deloitte.
Abraham and Gregory bolster the London market broker's financial institutions business.
Randall & Quilter Investment Holdings' US surety bonds specialist subsidiary Accredited has completed the first phase of its plan to expand its offerings.
Allied World's 30 day go-shop option - whereby it could solicit alternative offers to Fairfax's acquisition bid - has expired.
Limehouse Agencies will be chaired by Lloyd's veteran Jack Gressier, who is investing in the MGA venture.
The specialty arm of Allianz has appointed a pair of New York-based executives in the wake of Hugh Burgess' departure from the company late last year.