AIG
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Jon Hancock has also been named as international insurance CEO.
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Having joined AIG in 2000, Poux was one of the Private Client Group’s founding members.
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The former general counsel and communications chief will move to the role on 1 October.
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The insurer has been working to build a reputation for favorable reserve development after past sins.
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Inside P&C’s news team runs you through the key highlights of the week.
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AIG has been course-correcting since 2008, but recent efforts including AIG 200 seem to have finally set it in the right direction.
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AIG expects to add new capital providers to its recently launched HNW MGA “in the coming quarters”.
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AIG decided to buy additional retrocessional protection for Validus Re and a low XoL reinsurance placement for its Private Client Group ahead of the wind season.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The Inside P&C news team runs you through the earnings results for the day.
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