AIG

Competition is intensifying, with increased London market appetite one of the drivers.

Activist investors are successfully learning how to navigate a regulated industry.

At the carrier’s AGM, more than a quarter of votes were cast against a non-binding resolution to approve compensation arrangements.

AIG-owned surplus lines insurer Lexington is bringing to market a combined professional and general liability policy offering "dual tower aggregate limits" aimed at healthcare facilities in the small to medium-sized enterprise (SME) segment.

The pivot to profitable growth will be a topic to watch as investors patiently wait for this execution to deliver real margin improvement.

The CEO of general insurance says AIG achieved average rate increases of 41% for cyber business at Q1.

The carrier’s North American commercial lines unit grew net written premiums by 29% to $2.7bn.

Binding insurers include Chubb and AIG, with reinsurance from Munich Re.

She has held several casualty underwriting leadership positions at the company, where she has worked since 2009.

The underwriting executive has worked at the carrier since 2006.

The next few years could prove to be more active in consolidation than normal for underwriters.

The remarks come in the context of a dispute over ballot access in Georgia, as corporations speak out.