After the UK's Prime Minister formally triggered Article 50 to initiate the withdrawal from the European Union, insurers said negotiations must aim to reduce the change and uncertainty faced by markets.
The US carrier has recorded a $30m reserve charge against last year’s loss reserves owing to the decrease to the Ogden rate.
AIG has appointed a new chief auditor position following Martha Gallo's promotion, with Donnalee DeMaio set to rejoin the business.
The firm has decided to try its hand in the Canadian trade credit market after enjoying some success within the sector in New York.
The firm has boosted its new structured risk solutions team with a new appointment.
The Japanese insurance giant has completed its purchase of Endurance through a Bermudian subsidiary.
The deal will see Novae cede 50% of its North American property catastrophe reinsurance book to Fidelis.
The International Underwriting Association (IUA) has warned lump sum compensation payment rates should not be linked to government bonds.
Joe Murphy has joined Chaucer from HDI Global to write large wholesale US casualty facultative business.