AIG
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The executive will provide strategic leadership to underwriting and portfolio management teams. -
Newly appointed CEO Chris Jones also joins the board.
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A positive outcome could significantly curb insurers’ exposure to the loss.
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The carrier laid out its business mix for the newly launched reinsurance syndicate.
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Of the 178 passengers and crew on board, no serious injuries have been reported.
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The transition will take place immediately, with Anthony Baldwin set to leave next month.
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The carrier recently started underwriting construction in Lloyd’s through Probitas.
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Sources said the claim is likely to be a multi-hundred-million-dollar event.
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The carrier is restructuring the business into three segments.
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Arta Nasradini joins from AIG, where she led the DACH aerospace team.
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The Moss Landing facility has previously faced major claims.
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The company’s stock price has plummeted in the wake of the LA wildfires.
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