Seraina (Maag) Macia, chief executive officer of Hamilton USA, which AIG is acquiring, is returning to American International Group (AIG) under its new CEO, Brian Duperreault. Macia has been named executive vice president and CEO of a new planned subsidiary …
Esurance co-founder and former executive Chuck Wallace has joined Clearsurance, a crowdsourced review and ratings platform for the insurance industry, as an independent director. Wallace has held senior operating roles in several consumer financial services and technology companies including as …
Senate Republican leaders released a revised health care plan Thursday that would provide an added $70 billion to stabilize insurance exchanges over a decade in an effort to win over GOP holdouts. The change comes on top of $112 billion …
The Federation of European Risk Management Associations (FERMA) announced that its European Certification program is now available online. The first online examinations will start in September. “This is a major step forward in giving access to FERMA Certification to risk …
Lockton has hired Christina Zapantoulis as the leader of its marine team in its Northeast U.S. operations, based in New York City. Lockton is a global professional services firm and the world’s largest privately held, independent insurance broker. In her …
Alliant Insurance Services Inc. has acquired Fair Haven, N.J.-based Boynton & Boynton Insurance Professionals in an effort to continue expanding its footprint throughout the northeast region of the U.S. Terms of the agreement were not disclosed. Boynton & Boynton is …
The estimated property insurance losses for Windstorm Egon, which hit France and Germany on Jan. 12-13, 2017, have been revised upwards to €275 million ($314.7 million) by PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data. The …
The insurance and long-term savings sector is one of the UK’s most productive industries, adding more than £40 billion (US$51.5 billion) a year to the economy and helping Britain thrive, according to a study commissioned by the Association of British …
Chubb Ltd. announced it has named Ross Bertossi vice president of Global Underwriting for Chubb Group. He succeeds Jacques Bonneau who announced his retirement. Bertossi will have responsibility for advancing underwriting excellence across the company, including general underwriting policy and …
Generali has put its 44 billion euro ($50 billion) German life insurance portfolio up for sale as it restructures in Europe, sources close to the matter said. Morgan Stanley is evaluating options, including a sale, for Generali Leben which ceased …
