AIG

Analysts noted “solid underwriting outperformance” and a lack of reserve strengthening.

Rate rises and changes to risk selection bolster earnings.

The insurer says that profitability is expected to continue for the rest of 2019.

We have previously written that a rationally competitive AIG could be the most important secular change to the US commercial P&C industry structure in a generation. As such, the firm’s Q1 results and earnings call will likely face even more scrutiny than normal.

It is unclear who will replace Kryszon, who was based in Atlanta, Georgia.

Axis Capital’s disclosure points to losses at AIG that could exceed the $848mn previously predicted from the events, Buckingham Research says.

Western World president and Validus Specialty CEO Jonathan Ritz is leaving the business.