AIG
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The Insurance Insider US news team runs you through the earnings results for the day. -
North America commercial lines' adjusted NWP grew 4% YoY on higher rates and new business.
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The executive is to step back for personal reasons.
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The group is looking to realize $500mn of run-rate savings through AIG Next.
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The global insurer also alleges breach of contract and fiduciary duty in the federal suit.
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As admitted carriers pull out of riskier plays, E&S continues to expand and thrive.
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Glatfelter CEO Chris Flatt will become interim chief executive.
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A review of commercial lines loss picks for AIG vs the industry
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Ross Bowie joins the MGA after serving as CUO at Orchid Insurance for two years.
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For 2016 and 2017, in particular, the loss picks were raised to 91% and 96%, respectively.
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Its property cat aggregate cover renewed with improved coverage.
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Insurance Insider US runs you through the earnings results for the day.
