AIG
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Prior to joining, Laura Hunt was cyber practice head at Chaucer for seven years. -
The carrier has also disclosed carbon emission breakdowns across its underwriting portfolios, as well as D&I figures for its workforce, in an ESG report.
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The executive will take up the role of global head of marine at AIG.
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The carrier, which has been a leader in the war liability market, has re-evaluated its appetite as a result of the Ukraine conflict.
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Chris Collins will become international head of airlines and deductibles, while Paul Talbot has also been promoted to head of manufacturers and airports for the UK.
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The executive has worked at AIG for more than 14 years, heading up global marine since 2016.
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Aircraft location and condition is driving uncertainty around Russia aviation losses, CEO Peter Zaffino said.
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NA CoR declined 17.6 points to 90.8% as the region’s long-troubled commercial lines book swung to profits with an 88.8% CR, down 17.9 points from Q1 2021.
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Conditions for SPAC D&O are likely to remain turbulent, amid the heightened SEC scrutiny and uncertainty concerning claims resolution.
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Bolt replaces Sabra Purtill, who was recently named EVP and CIO for AIG’s life and retirement business.
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Sources said they expect other major commercial insurers to follow suit, with territorial exclusions potentially broadening to Belarus.
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BlackRock will manage up to $60bn of the global AIG investment portfolio and up to $90bn of the life and retirement investment portfolio.
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