AIG
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NA commercial lines Q4 CoR increased 0.7 points to 85.1%. -
Chris Inglis served as the first US Senate-confirmed national cyber director.
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Between 2009 and 2012, Therese Vaughan served as CEO at NAIC.
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The upgrade recognizes improving operating performance.
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His last day will be December 2023, according to an internal memo seen by this publication.
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Sources said the executive will join Mitsui Sumitomo in a leadership position based in Brazil.
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James Dunne is vice chairman and senior managing principal of investment bank Piper Sandler.
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AIG offered 35 million existing shares of Corebridge common stock priced at $20.50 per share Friday, out of 630 million total shares outstanding.
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The executive will oversee AIG’s global technology and cybersecurity strategy and lead the insurer’s cloud strategy, along with other modernization technologies.
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The low multiple shapes the decision set of the management team, negatively impacts staff, and creates potential opportunities for rivals.
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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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Broker and commercial carrier trends separate as inflation slows but rates stay elevated.
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