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Lawyers said uncertainty raises litigation risks, and signals from the federal government aren’t expected to help. -
Supply for property outstrips demand, but the casualty market is “bifurcated”.
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The company generated $71.4mn in revenue for H1 2025.
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Clients in the segments that AIG trades in may not be as receptive to the idea as the insurer would like.
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The insurer has been under review with positive implications since March.
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The bi-partisan legislation would make FEMA a cabinet-level agency.
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The new MGU is expected to formally launch before the annual WSIA marketplace in San Diego.
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Despite rate reductions accelerating, the sector-wide combined ratio is set to remain below 90% through 2027.
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P&C stocks recovered faster than the S&P 500 following a late July dip, but a gap remains.
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The executive will oversee the direction and management of the firm’s liability portfolio across the US and Canada.
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The executive has been serving as COO since February.
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The executive most recently served as head of North American treaty reinsurance.
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