AIG
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Maritzen was previously head of risk management, property, at AIG, having joined the insurance giant in 2019 from Sompo International. -
Jessie Ruppe joins from Arch to oversee casualty ceded reinsurance, while two internal promotions will be responsible for financial lines and property cessions.
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The insurer has published its first-ever ESG report, detailing diversity and equality initiatives, along with pledges to cut carbon emissions.
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Every market is going to have to decide where they stand on the issue of SPACs, said AIG’s head of North America financial lines.
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Gilmore takes over for David Lynders, who is moving to a senior ceded reinsurance position after three years leading the financial institutions business.
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AIG is among four companies dropped from the asset manager’s investment portfolio.
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The executive joined AIG in 2018 and previously served as the president for Allied World’s US healthcare practice.
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New CEOs were not able to consistently create higher book value growth than their predecessors, and any growth achieved wasn’t maintained after five years.
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The 11-year Aon veteran most recently served as strategy director and client leader at Aon InPoint.
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The executive previously served as an equity analyst at KBW and Morgan Stanley.
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Sven Wehmeyer, who will remain as CEO of Validus’s Zurich-domiciled reinsurance arm, replaced Steve Bardill as head of international on 1 June.
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Zaffino had said he wanted the deal done by year-end but conceded that the timetable might slip into 2022 depending on regulatory factors and market conditions.
