AIG to offer HNW homeowners’ coverage through E&S in ‘multiple states’
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

AIG to offer HNW homeowners’ coverage through E&S in ‘multiple states’


AIG will offer its high-net-worth (HNW) homeowners' product through excess and surplus (E&S) lines on a non-admitted basis in multiple states to address the profitability issues of the class, CEO Peter Zaffino told analysts during a Q4 earnings call.

One business that needs “strategic repositioning is our high-net-worth property portfolio”, Zaffino noted.

“The inability to reflect emerging risk factors, the effects of changes to modeling, [and] increased loss costs from cats have put the profitability of the business under...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article