AIG
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The Delaware high court’s reasoning could find application in other cases.
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The state’s Supreme Court upheld two lower court decisions finding no liability.
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Claude Wade is to step down from his role to address ongoing health issues.
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The carrier is the first Fortune 500 company to take a stake in a League Two club.
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The former executive passed away following a 40-year career in insurance.
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Insurers did not see a slowdown in rate but some are still fine-tuning their portfolios following the LA fires.
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Submissions flow at E&S arm Lexington increased 28% year-over-year in Q2.
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Q2 cat losses at AIG declined to $170mn from $330mn in the prior year quarter.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The former Everest executive has more than 30 years of A&H experience.
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The former Lloyd’s CEO is also eligible for a target $5mn annual equity award.
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John Neal was due to start at Aon as global reinsurance CEO in September.