AIG
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Sources said the executive will join AJ Gallagher in a regional leadership position. -
The carrier has used Lloyd’s London Bridge 2 structure for the launch.
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AIG launched an IPO of Corebridge Financial in September 2022.
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The sale of the business was confirmed in June.
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The AIG and Stone Point-owned MGU will also look to move up-market, increase its weighting to E&S and add third-party paper.
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Mr Cooper Group said it was the target of a 2023 hacking attack.
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The firm had owned 3.45 million shares in Q2, then valued at over $256mn.
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This publication revealed that Chris Schaper would move into the role on an interim basis in July.
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Casualty submissions rose over 70% while property increased over 20% YoY in Q3.
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The carrier reported a “large closeout transaction” that benefited the CoR but created a 0.7-point headwind for the loss ratio.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The insurer will move its Atlanta-area assets to a new "innovation hub".
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