In many U.S. cities where renters outnumber homeowners, disaster risk is high.

In many U.S. cities where renters outnumber homeowners, disaster risk is high.

Ryan joins the WC COE and Casualty Practice after more than 20 years at Marsh Risk Consulting.

The Firemans Fund commercial P&C business will be integrated into Allianz Global Corporate & Specialty, the global corporate insurance company of Allianz.

AIG CEO Peter Hancock on Thursday announced the new leadership structure for the company, which is designed to integrate the company and position it to deliver the full capabilities of AIG to its approximately 90 million clients around the world.

Liability claims have been lower than expected in recent years, boosting insurers' profitability despite declining liability prices, according to Swiss Re's latest sigma study.

The historic domination of the U.S. in terms of overall share of M&A in the industry has slipped as Europe has taken pole position in the volume of transactions completed, according to the latest Global M&A report from Clyde & Co

Mr. Fasano, who will join AIG in October, will report to AIG President and Chief Executive Officer, Peter D. Hancock.