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AGCS withdraws from marine hull and liability in the US

Allianz has cut the two lines as it seeks to return its US P&C arm to profitability.

A forensic auditor found that benefits to former CEO Mark Watson were either ‘not disclosed or incorrectly disclosed’ to investors.

The company also noted it is moving forward with plans to relocate its operations from Bermuda to Vermont.

Existing Mena business will be handled in Zurich, with new and renewal business for the region relocating to London.

Inside P&C analysts applaud loss ratio improvement but note there is more work to be done on expenses and capital efficiency.

The index grew for the second consecutive week, recouping the entire 1.6 percent loss made in October.

As claims from Dorian and Faxai dent Q3 results, this publication assesses the impact on the market so far.

Now is the time to prove the growth rationale behind the 2015 Ace-Chubb merger, Inside P&C analysts said.

Changes in leading positions point to a fluid market for cyber talent.