AIG

We highlight the key new disclosures by P&C companies at an investor conference on Wednesday, including AIG, WR Berkley, The Hanover, and Third Point Re.

Zaffino drew a comparison between Dorian and Hurricane Matthew in 2016.

Ellis is a leading figure in the US property market and oversaw a $3bn portfolio of commercial insurance premiums at Marsh.

Purtill will coordinate relationships with investors, ratings agencies and bankers.

The switch follows the promotion of Mark Lyons to the role of CFO.

Earnings per share easily exceeded analysts’ forecasts, while the overall and North American commercial insurance combined ratio both improved significantly.

The carrier meaningfully cut back gross limits while booking rate gains to improve the quality of its general insurance portfolio in Q2.

We have written extensively our conviction 2019 would prove an inflection point. However, it is now clear even we underestimated the extent management would wield the axe.

Higher NII from alternative investments and better commercial P&C underwriting improved results.

If the cover is exhausted, the Capital One data breach would mark a new record claim for the cyber market.

On releasing its inaugural climate-related financial disclosures report, the carrier names its first chief sustainability officer.

The new hire will bolster in-house investment capability.