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By Chad Hemenway, PropertyCasualty360.com |
April 4, 2011
Chartis, the property and casualty unit of American International Group Inc. (AIG), says it has reorganized the structure of its management team, with Peter D. Hancock replacing Kristian P. Moor as CEO.
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By Chad Hemenway, PropertyCasualty360.com |
March 31, 2011
Chartis, the property and casualty unit of American International Group Inc. (AIG), says it has reorganized the structure of its management team, with Peter D. Hancock replacing Kristian P. Moor as chief executive officer.
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By Mark E. Ruquet, PropertyCasualty360.com, Chad Hemenway, PropertyCasualty360.com |
March 7, 2011
While American International Group reported a 2011 fourth-quarter net profit of more than $11 billion, its property and casualty subsidiary Chartis came in with an underwriting loss of $5.2 billion, primarily because of its reserve charge.
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By Mark E. Ruquet, PropertyCasualty360.com |
February 25, 2011
While AIG reported a net profit of more than $11 billion, its property and casualty subsidiary Chartis came in with an underwriting loss of $5.2 billion, primarily becasue of its reserve charge.
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By Chad Hemenway, PropertyCasualty360.com |
February 10, 2011
Fitch Ratings has dropped the financial strength rating of American International Group Inc.’s domestic non-life insurance subsidiaries after AIG had to bolster Chartis reserves by $4.1 billion.
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By Chad Hemenway, PropertyCasualty360.com |
January 14, 2011
A majority of industry leaders at the Property/Casualty Insurance Joint Industry Forum said they expect an improvement in personal auto and homeowners insurance profits this year, but many more — such as The Hartford's Liam E. McGee, left, — believe improvements are not coming in workers’ compensation or commercial lines....
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By Chad Hemenway, PropertyCasualty360.com |
July 5, 2010
American International Group has outlined a plan meant to retain and attract executives as it works to repay its obligation to the federal government, which owns about 80 percent of the company.
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By Chad Hemenway, PropertyCasualty360.com |
June 24, 2010
American International Group Inc. (AIG) has outlined a plan meant to retain and attract executives as it works to repay the government, which owns about 80 percent of the company.
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By Staff Writer |
May 14, 2010
Worldwide property and casualty insurer Chartis has purchased $425 million in catastrophe bond protection against U.S. hurricanes and earthquakes, the company said.
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By Staff Writer |
January 14, 2010
Scherer, previously special litigation counsel and CCO at Swiss Reinsurance Co., will be responsible for New York-based Chartis' worldwide legal operations.
