WORLD INSURANCE

AIG Announces Pricing of Secondary Offering of Corebridge Financial, Inc. Common Stock

American International Group, Inc. yesterday announced that it has priced the secondary offering of Corebridge Financial, Inc. common stock at $16.25 per share. The offering…

Allianz: Shipping losses hit a record low in 2022, but jump in fires, shadow tanker fleet and economic uncertainty pose new safety challenges

Shipping transports around 90% of world trade onboard different vessels so maritime safety is critical. Improvements have been significant over…

UAE to tighten insurance cover for ships flying its flag

In line with the UAE’s steadfast dedication to safeguarding the local, regional, and global maritime industry through strong regulatory measures,…

Sompo International hires Axa XL’s Huber as Head of Marine & Specialty Insurance for Continental Europe

Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of René…

Leadership appointments for Allianz Commercial in Iberia and Latin America

As part of its ‘Integrated Commercial’ strategy, Allianz has announced Managing Directors (MDs) to lead its Commercial insurance business in…

Prudential Financial to Reinsure $10B block of PDI traditional variable annuities with an affiliate of Constellation Insurance Holdings

Prudential Financial, Inc. announced an agreement to reinsure a portion of its traditional variable annuity block with an affiliate of Constellation…

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