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Weather events and potential increases in US casualty reserves remain sources of volatility. -
The PVT market saw falling rates and several risk losses during 2025.
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Zaffino will become executive chair of AIG and retire as CEO by mid-year.
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The executive replaces Andrew Brooks, who served two consecutive terms.
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The carrier acquired the motor insurer in September last year.
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Gallagher’s $13.45bn deal for AssuredPartners was completed in August.
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The Luxembourg platform is set to begin underwriting in April.
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David Saillen succeeds Pierre-Edouard Fraigneau, who was appointed Europe president in July.
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A roundup of all the news you need, including AIG’s hiring of Eric Andersen.
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The division will be led by ex-TMK special risk head Ed Parker.
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The capacity partnership is led by International General Insurance Company.
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The move comes after a 200+ person mass team lift from Brown & Brown’s retail business in the US.
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