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AIG names Hancock CEO of GI and will launch group president search
AIG made the shock announcement earlier today that John Neal is not joining the insurer.
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Apollo CEO David Ibeson was also in the running for a seat on Council.
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Panellists said recent M&A has not yet led to transformative change for the market.
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A roundup of all the news you need, including the cancellation of John Neal’s hire at AIG.
The reinsurer is “well on track” to achieve $4.4bn in net income for the full year.
The executive said that outside of property cat, renewals will be “relatively stable”.
Panellists said recent M&A has not yet led to transformative change for the market.
Opinion
Featured and most read
Featured and most read
Featured
LMC recap: The innovation imperative and London’s path through a soft cycle
Innovation emerged as the critical target for attracting new business to London.
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Analysis
Analysis
From top-line challenges to finding new ways to scale, 2025 has been a year of market shifts.
Industry-wide initiatives continue to target expanded youth access to the sector.
Lack of major cat events could add further pressure on 1 January pricing.
Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database.
Interviews
Interviews
After outsized losses, the (re)insurer still sees opportunity in a softening market.
The UK-based insurer’s Florida Re secured state regulatory approval in June.
T&Cs, as well as exclusions, remain largely unchanged, the executive said.
The CEO said smart-follow is a structural evolution of the specialty market.
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