AIG Syndicate 2019 pivots away from California after 2020 loss of $67.1mn
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AIG Syndicate 2019 pivots away from California after 2020 loss of $67.1mn

Anna Sagar
07 April 2021
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AIG’s high-net-worth-focused Syndicate 2019 made a $67.1mn loss in its first year of operation, with heavy catastrophe losses prompting a shift in strategy for 2021.

The syndicate, which is managed by AIG’s Talbot Underwriting, said it will diversify its portfolio and reduce exposure in natural catastrophe-prone areas this year.

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