AIG

The announcement follows the appointment of Diana Murphy and Vanessa Wittman as independent directors, which will be effective on March 16.

Diana Murphy has been managing director at Rocksolid for 15 years, while Vanessa Wittman was most recently CFO of Glossier.

Inside P&C’s news team runs you through the key highlights of the week.

The AIG 200 project has officially ended, with the goals met ahead of schedule and under-budget, but there is still work to do to close the gap with competitors.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Inside P&C’s news team runs you through the key highlights of the week. 

Pricing, which includes rate plus exposure, was up 6% for both North America and international.

The move fits the broader strategy around dampening volatility, but sourcing capacity in the US domestic market will be tough.

Need to Know

North America commercial lines CoR for the quarter improved 10.4 points to 84.4%.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

AIG has entered into a binding memorandum of understanding with Stone Point Capital to form an independent MGA to serve high-net-worth (HNW) markets, as it takes a dramatic step to address the volatility this business has brought.