Farmacy

Jul 31 2017

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American International Group Inc.

AmTrust Financial Services Inc. said Monday it would replace chief financial officer Ronald Pipoly Jr. with Adam Karkowsky, another company insider. The beleaguered insurer said the move was an internal decision that stemmed from a desire to beef up its finance capacities and wasn t connected to any regulatory scrutiny.

  • Jun. 5, 2017 at 1:10 p.m. ET
  • by MarketWatch.com
  • May. 17, 2017 at 10:59 a.m. ET
  • by Ciara Linnane
  • May. 16, 2017 at 3:02 p.m. ET
  • by Jacob Passy

AIG upgraded to overweight at Morgan Stanley

AIG upgraded to overweight at Morgan Stanley

  • May. 16, 2017 at 8:44 a.m. ET
  • by Tomi Kilgore

American International Group Ltd. Hamilton Insurance Group Ltd. and Two Sigma Insurance Quantified LP, a unit of Two Sigma Investments LP, said Monday they have entered a memorandum of understanding to expand their partnership with the aim of boosting their role in data-driven underwriting. As part of the deal, AIG has agreed in principle to acquire Hamilton USA, the U.S. platform of Hamilton Insurance. The companies will expand the target market of their Attune platform, which they launched in September 2016 to serve the U.S. small to medium-sized commercial insurance market. Attune will now target companies with annual revenue of up to $35 million, a market the companies estimate is worth up to $150 billion in annual gross written premiums. AIG and Two Sigma will enter a partnership to advance the latter s data science and technology for AIG s commercial insurance business. Hamilton Re and AIG will enter a reinsurance partnership, in which Hamilton Re will participate in more of AIG s ceded reinsurance. Putting data science and technology to work in our industry has been on my agenda for some time, said AIG s new Chief Executive Officer Brian Duperreault, founder and ex-CEO of Hamilton Insurance. AIG shares were not yet active premarket, but have gained 23% in 2017, while the S P 500 has gained 7%.

  • May. 15, 2017 at 8:07 a.m. ET
  • by Ciara Linnane

AIG agrees in principle to acquire Hamilton USA as part of expansion

AIG agrees in principle to acquire Hamilton USA as part of expansion

  • May. 15, 2017 at 7:57 a.m. ET
  • by Ciara Linnane

AIG, Hamilton Insurance and Two Sigma Insurance to expand partnership

AIG, Hamilton Insurance and Two Sigma Insurance to expand partnership

  • May. 15, 2017 at 7:57 a.m. ET
  • by Ciara Linnane

Brian Duperreault. 70-year old founder and CEO of Bermuda-based Hamilton Insurance Group, will be new CEO of AIG.

  • May. 15, 2017 at 7:51 a.m. ET
  • by Joann S. Lublin




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