AIG
-
CEO Macia said the closure was "not a criticism of our technology, team or mission". -
The deal was announced in November last year, setting Fortitude Re on the path to independence.
-
Marc Lipman was COO and innovation officer at AIG Canada for nearly 15 years.
-
About 44 percent of votes cast supported a move to increase investor power to demand special meetings.
-
Ian Campbell and Henry Davies are both joining the business to work alongside John Hopper.
-
Glass Lewis and ISS had previously opposed Brian Duperreault’s compensation package.
-
Hudson managing partner Michael Millette says the syndicate gives it unique access to the high-net worth segment.
-
Sujal Patel previously worked at AIG for nearly five years and prior to that was at Hyperion.
-
A “benign loss environment” aided the first full year since the unit’s creation as part of a pre-Brexit restructuring.
-
Shares in the insurers rose higher than the broader market as states move toward cautiously reopening their economies.
-
The InsurTech, which AIG opted to put into run-off, had projected premium income of $50mn in 2020.
-
AIG “remains in a strong financial position” despite the pandemic, the executive said.
Most Recent
-
Axa XL promotes Smyth to global casualty CUO
11 September 2025 -
Lloyd’s Lab announces latest cohort with skew towards AI
11 September 2025 -
Akinova plans agg umbrella offering for bluechip insureds
11 September 2025 -
Fidelis Insurance Group hires IQUW’s Waddell-Dudley as London CUO
11 September 2025 -
Retro broker Fallon leaves Aon for Guy Carpenter
11 September 2025 -
Dual Europe adds cargo to marine offering led by Wittoeck
11 September 2025 -
Daily Digest: Top news from 11 September
11 September 2025