Inexperienced new players in excess public D&O affecting prices: AIG’s Zaffino
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Inexperienced new players in excess public D&O affecting prices: AIG’s Zaffino

AIG logo manhattan with zaffino updated 2022.jpg

AIG CEO Peter Zaffino said new competitors with limited experience in the high excess public D&O market are “driving down pricing in what is traditionally the most commoditized portion of a placement.”

On a call with analysts, the CEO added, “Despite these dynamics, we remain disciplined on price and are taking a long-term view of this line of business.”

“We

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