Scor : Scor receives the authorization to open a composite branch office in India . Insurance Regulatory and Development Authority of India granted SCOR R3 authorization, allowing group to open composite branch office in India to conduct Life and P&C reinsurance business ."Our local team will be ready to provide business solutions to our Indian clients as of the 1 April 2017 renewals" - CEO.
American International Group Inc : Says "has raised its property terrorism insurance limits globally to $1 billion" .Says "AIG's prior limits for property terrorism insurance was $250 million".
American International Group Inc : AIG, Two Sigma and Hamilton Insurance Group launch Attune - a data-enabled insurance platform serving small businesses .Terms of deal were not disclosed.