AIG
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Insurers could absorb as much as 90% of this year’s already elevated losses given shifts in attachment points. -
Alexandra Furth has more than 20 years of claims and legal leadership experience.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The carrier reshaped its portfolio in 2024, cutting costs and investing in Gen AI and LLM technology, CEO Peter Zaffino told staff.
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The AIG subsidiary says it has no obligation to “defend or indemnify” McKinsey.
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The carrier is restructuring the business into three segments.
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The exec previously spent over 12 years at Aon, recently as chief innovation officer, commercial risk NA.
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The company’s stock price has plummeted in the wake of the LA wildfires.
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Christopher Flatt succeeds Christopher Schaper, who was appointed CRO of AIG in November.
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A Delaware judge ruled that a “bump-up” exclusion was inapplicable.
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Sonville’s hire was reported by Insurance Insider US last week.
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Sources said the executive will join AJ Gallagher in a regional leadership position.
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