AIG
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Inside P&C’s news team runs you through the key highlights of the week. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Sources said the company decided to outsource its claims function to Sedgwick, a third-party administrator in which Stone Point Capital is a minority investor.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Purtill became interim CFO in January after AIG terminated Mark Lyons, saying the executive violated his confidentiality/non-disclosure obligations to the firm.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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AIG offered 65 million existing shares of common stock, or about 10% of approximately 648 million total shares outstanding.
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The carrier is offering 65 million shares of common stock, out of approximately 648 million total shares outstanding.
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Marcial will take over the position left vacant after the departure of Juan Costa, who moved to Berkshire Hathaway as casualty VP in Atlanta.
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The recent deal is accretive at 18% and will allow RenRe to take further advantage of the hard market.
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The group exited an off-strategy business at an attractive valuation – now it must give a clearer indication of where it is going.
