AIG
-
James Dunne is vice chairman and senior managing principal of investment bank Piper Sandler. -
AIG offered 35 million existing shares of Corebridge common stock priced at $20.50 per share Friday, out of 630 million total shares outstanding.
-
The executive will oversee AIG’s global technology and cybersecurity strategy and lead the insurer’s cloud strategy, along with other modernization technologies.
-
The low multiple shapes the decision set of the management team, negatively impacts staff, and creates potential opportunities for rivals.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
Broker and commercial carrier trends separate as inflation slows but rates stay elevated.
-
The carrier is offering 50 million existing shares of common stock and granted a 30-day option for underwriters to purchase up to an additional 7.5 million shares.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
Excluding programs, the E&S insurer grew around 25% in the quarter, led by 33% growth in wholesale casualty.
-
-
The Inside P&C news team runs you through the earnings results for the day.
-
The firm booked catastrophe losses of $462mn — largely from Lahaina Wildfire and Hurricane Idalia — down from $655mn in Q3 last year, which was affected by Hurricane Ian.
Most Recent
-
Clear Blue sues Aon over alleged involvement in Vesttoo collateral fraud
December 04, 2023 -
‘We can’t just wait for the market to fix itself’: Colorado's Conway
December 04, 2023 -
CB Financial sells insurance agency unit to World Insurance for $30.5mn
December 04, 2023 -
AM Best maintains negative outlook on US personal lines segment
December 04, 2023