AIG
-
Insurance Insider reflects on the themes that shaped 2025 for the London market. -
Plus, the latest people moves and all the top news of the week.
-
The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums.
-
What were the defining moments that shaped the insurance market in 2025?
-
The deal follows a minority investment from the insurer in the summer.
-
Clifford’s appointment follows Everest’s $2bn renewal rights sale to AIG.
-
Plus, the latest people moves and all the top news of the week.
-
Approached for comment, Chubb denies that it submitted “an offer” for 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.
-
Plus, the latest people moves and all the top news of the week.
-
CEO Brand said he expected to deliver double-digit growth, if “marginally” lower in 2026.
-
The fundraising structure for the deal includes a $600mn Convex debt raise.
-
Onex’s own balance sheet will become a 63% owner and AIG takes a 35% stake.
