AIG
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The global insurer will need to convince investors on the quality of the book. -
The global insurer will pick up a $650mn portfolio of US casualty business.
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AIG will fold the portfolio into its existing business, leaving the liabilities and legal entities with Everest.
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The company will implement a new leadership structure after his departure.
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AIG’s filing alleges copyright and trademark breaches, as well as violations of unfair business practice laws.
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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 Delaware high court’s reasoning could find application in other cases.
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The state’s Supreme Court upheld two lower court decisions finding no liability.
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Claude Wade is to step down from his role to address ongoing health issues.
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The carrier is the first Fortune 500 company to take a stake in a League Two club.
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The former executive passed away following a 40-year career in insurance.
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Insurers did not see a slowdown in rate but some are still fine-tuning their portfolios following the LA fires.
