AIG
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Mr Cooper Group said it was the target of a 2023 hacking attack.
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The firm had owned 3.45 million shares in Q2, then valued at over $256mn.
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This publication revealed that Chris Schaper would move into the role on an interim basis in July.
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Casualty submissions rose over 70% while property increased over 20% YoY in Q3.
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The carrier reported a “large closeout transaction” that benefited the CoR but created a 0.7-point headwind for the loss ratio.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The insurer will move its Atlanta-area assets to a new "innovation hub".
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Based in New York, he joins the firm after seven years as Marsh CFO.
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The executive has resigned from AIG to fill the vacant CEO role at the large corporate unit of the German carrier.
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The insurer said Dellwood’s "spin" isn’t enough to dismiss the litigation.
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Last week, the insurer placed ~450 staff at risk of redundancy in its international business.
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Zaffino said the divested crop and travel businesses needed scale to be more profitable.
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