AIG

She has held several casualty underwriting leadership positions at the company, where she has worked since 2009.

The underwriting executive has worked at the carrier since 2006.

The next few years could prove to be more active in consolidation than normal for underwriters.

The remarks come in the context of a dispute over ballot access in Georgia, as corporations speak out.

Claude Wade spent six years at Marsh in various COO roles, at a time when Zaffino was CEO.

The Lloyd’s broker plans to establish additional regional offices.

Appointment comes as the insurance industry is adapting to the Biden White House.

Regional per occurrence deals were also down compared to last year, but Validus lifted its retro cover by $75mn.

On its fourth quarter call, AIG management shared it received “quality” interest from parties willing to acquire a minority interest in its life and retirement business.

Athene CEO Jim Belardi says it has expressed interest in purchasing the minority stake.

An IPO remains on the table, alongside the option of a minority stake sale.

The company also lowered the attachment points on its per-occurrence and aggregate property catastrophe treaties after shrinking its portfolio.