New York-based private equity firms J C Flowers & Co and Apollo Global Management are reportedly considering to submit bids for Hartford Financial Services Group’s Japanese annuity business. Three people familiar with the matter ...
Tags: Apollo, Global Management
ACE Risk Management, a casualty division of ACE USA, has updated its interactive web-based portal ACE Accelerator to allow users to electronically sign their state UM/UIM coverage election forms. Introduced in 2012, the portal was ...
American International Group (AIG) has reported net income attributable to the company of $2.7bn, or $1.84 per share, for the quarter of 2013, up by 17% compared to $2.3bn, or $1.33 per share during the corresponding period earlier year. ...
The Medical Society of Virginia Insurance Agency (MSVIA) has selected Digital Insurance, an employee benefits-only agency, as partner to help manage its employee benefits program, beginning April this year. Under the terms of the ...
Tags: MSVIA Partners, Digital Insurance
American International Group (AIG) has registered a net loss of $4bn, or $2.68 per diluted share, for the fourth quarter of 2012 compared to net income of $21.5bn, or $11.31 per diluted share, during the same period last fiscal. After-tax ...
XL Group, a global insurance and reinsurance company, has appointed Mary-Ellen Fiske as vice president for Umbrella and Excess Manager at its Surplus Lines unit. Fiske will be based at XL's Chicago office, and will report to XL Group's ...
Tags: XL Group, vice president, Umbrella business
Howden Broking Group has appointed Richard Friedl as managing director and head of business development at its North American property/casualty division. In his role, Friedl will focus on the company's retail and wholesale producers to ...
Tags: Howden, North American, casualty division
Allied World Assurance (AWH) has hired Kevin Maloney as vice president of its excess casualty division and will report to US Property and Casualty senior vice president Joe Cellura. In the new role, Maloney will be responsible for the ...
Tags: Allied World Assurance, Kevin Maloney, casualty underwriter, insurance
Allied World Assurance Company Holdings (AWH) has launched a new Construction Casualty division to offer commercial general liability and commercial automobile as well as railroad protectives and owners and contractors protective. The new ...
Tags: AWH, construction casualty division, commercial liability
ACE has appointed Mark Homan as the Executive Vice President of Casualty, for ACE’s international insurance operations, effective from 1 July 2012. Based in London, Mark Homan will succeed Keith Stibbards and will report to David ...
Tags: ACE, Mark Homan, international insurance operation, insurance