AIG
AIG to keep up to $500m of derivatives on balance sheet
AIG is to keep $500m of derivatives from its defunct AIG Financial Products unit, Reuters has reported.
Heath Lambert launches council consortium
Heath Lambert is working with a group of district councils to establish a consortium for purchasing insurance cover in the face of pressure to cut public spending.
Beazley sets up M&A team
Lloyd's insurer appoints John McNally to head a new team in London focusing on insuring the contingent risks that can otherwise impede merger and acquisition transactions.
Transatlantic Re's earnings climb
Transatlantic Re becaome the latest US insurer to report improved earnings.
Lloyd's insurer signals motor intent with deal
Lloyd's insurer Ascot is targeting the UK commercial motor market for the first time after striking a deal with Chelmsford-based broker and underwriting agency Direct Commercial.
Torus adds two brokers to start San Francisco business
Insurer Torus said that it is opening an office in San Francisco.
D&O expert joins Marsh from Chartis
Marsh has appointed Eleni Petros as a senior vice president in its financial and professional practice.
AIG unit CEO to retire
AIG's aeroplane leasing unit International Lease Finance Corporation (ILFC) said that its CEO Steven F. Udvar-Hazy will retire as director and chief executive officer is to retire.
Former AIG vice president takes new non-exec role
Phil Green joins the Wesleyan Assurance Society board.
Chartis seconds analyst to fraud bureau
Chartis is seconding an analyst from its financial crime unit to the Insurance Fraud Bureau for three months.
US authorities are set to investigate the AIG bail-out
The US bail-out watchdog is to investigate AIG's rescue, the BBC has reported.
Chartis analyst seconded to IFB
Iain Jones to spend three months with bureau
Chartis grabs chief risk officer from Validus
Former AIG P&C business adds Samir Shah from Bermudian rival
Sterling strengthens commercial team with hires from AIG and Aviva
GI boss Sweeney said recruits would help develop Sterling's expertise.
Brit adds to Global Markets team
Neil Russell and Joachim Tolle join insurer
Nick Grazier new vice president of Chartis UK
Grazier to succeed Ann Owen as vice president of UK business.
The contented regulator
Six months into his regulatory role, Ken Hogg talks to Jonathan Swift about why after two decades working for insurance companies he is now well placed for life at the Financial Services Authority.
AIG owes $517m in reinsurance payments
California insurance regulator says must pay workers’ comp insurers in liquidation
AIG, Zurich and Ace units named in Chinese drywall lawsuit
'Chinese' drywall suit names 14 insurers, including AIG, Zurich and Ace
Vital ingredient
Despite claims handling being an intrinsic part of every insurer's reputation, Leigh Jackson ponders why the discipline is so under-represented at board level.
AIG sells Canadian mortgage insurance unit
US insurer sells Canadian mortgage unit to Ontario Teachers' Pension Plan for undisclosed sum.
AIG top staff struggling financially – Benmosche
Top executives at AIG have been struggling financially after taking personal losses in the wake of the near-collapse of the company last year, AIG's chief executive Robert Benmosche told the Wall Street Journal in an interview.