AIG NA commercial lines rates rise 9% ex-finpro and WC as turnaround continues: CEO Zaffino
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AIG NA commercial lines rates rise 9% ex-finpro and WC as turnaround continues: CEO Zaffino

Kyoung-son Song
February 16, 2023
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AIG CEO Peter Zaffino said the carrier’s momentum in commercial lines continued in Q4 2022, as rates in North America increased 9%, excluding financial lines and workers’ compensation.

In an earnings conference call, the executive said: “Overall, we continue to earn rate above loss cost trends, which contributed to positive margin expansion.”

The

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Kyoung-son Song
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