AIG
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The group CUO role is being eliminated with the function pushed back into the regions and specialties.
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The latest statutory data release shows commercial carriers continued to benefit from the extended pricing cycle and exposure growth propelled by inflation, although growth slowed year-on-year.
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The collapse of Silicon Valley Bank is creating investor fear across the global financial services sector.
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The announcement follows the appointment of Diana Murphy and Vanessa Wittman as independent directors, which will be effective on March 16.
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Diana Murphy has been managing director at Rocksolid for 15 years, while Vanessa Wittman was most recently CFO of Glossier.
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Inside P&C’s news team runs you through the key highlights of the week.
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The AIG 200 project has officially ended, with the goals met ahead of schedule and under-budget, but there is still work to do to close the gap with competitors.
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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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Inside P&C’s news team runs you through the key highlights of the week.
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Pricing, which includes rate plus exposure, was up 6% for both North America and international.
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The move fits the broader strategy around dampening volatility, but sourcing capacity in the US domestic market will be tough.
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