Fato to Assume Newly Created Vice Chair Role at AIG Lucy Fato, executive vice president, general counsel and global head of communications and government affairs at American International Group (AIG), will transition to the newly created role of vice chair …
Hong Kong’s heaviest rainstorm since records began in 1884 flooded the financial hub’s streets and sent torrents of water rushing through subway stations, bringing much of the city to a standstill and forcing the stock market to scrap trading on …
Lloyd’s of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments if a new Black Sea corridor deal can be reached, its CEO John Neal told Reuters on Thursday. NATO member Turkey is …
Reinsurance rates are likely to continue to rise in 2024, though at a slower pace than in 2023, and prices will start to fall in 2025, Fitch Ratings analyst Robert Mazzuoli told Reuters on Thursday. Reinsurers – who insure insurers …
Hamilton Insurance Group said on Thursday it has confidentially filed for a U.S. initial public offering, at a time when there is growing momentum for deals involving insurance and reinsurance companies. The U.S. IPO market has seen a nascent recovery …
Allianz SE is planning to invest €20 billion ($21.4 billion) in renewable energy and low-carbon technology by 2030, as it unveils its first ever net zero transition plan. The German insurance and asset management giant also plans to increase revenues …
VeinTwain Herron, a Texas commercial real estate specialist, will open Brightway, The Herron Family Agency in Cedar Park this month. The agency offers customized Home, Flood, Auto, Boat, Condo, Renters, Personal Articles, RV, Motorcycle, Umbrella, Commercial and Life insurance. “Opening …
The Louisiana Department of Insurance (LDI) has opened the second round of the Insure Louisiana Incentive Program, which is designed to offer grants to insurers that write new policies in the state. The application period began Sept. 1 and goes …
Kleinhenz Retires, Wells is Promoted at Celina Insurance Group Mike Kleinhenz is retiring as senior vice president, chief financial officer and treasurer at Celina Insurance Group. Celina is headquartered in Celina, Ohio. Kleinhenz’s career at Celina began in 1987 as …
Caro Joins Alliant Insurance Services as VP John Caro has joined Alliant Insurance Services as vice president in its Alliant Americas division. Caro is based in Lafayette, La. Alliant is headquartered in Irvine, Calif. Caro has over 30 years of …