AIG
-
The underwriter will fill a newly created role at AIG. -
The class of business has shouldered claims totalling over $4bn this year.
-
The payment will cover what the filing called “foregone incentives at his former employer”.
-
The industry veteran retired from AIG at the end of last year.
-
The Australian insurer is a major cat cedant and had hoped to set up a reinsurance syndicate.
-
Emma Woolley has held the marine role on an interim basis alongside running Talbot.
-
AIG made the shock announcement earlier today that John Neal is not joining the insurer.
-
The ex-Lloyd’s CEO was due to join AIG as president but will not take up the role due to personal circumstances.
-
What does it take to build a reinsurer that can manage volatility?
-
Zaffino said AIG will continue to assess strategic opportunities after the Convex, Onex and Everest deals.
-
Insight into the state of the insurance M&A market, powered by Insurance Insider’s comprehensive deal database.
-
The deal confers a high multiple on Convex and gives AIG re/specialty exposure.
