Everest deal offers AIG growth ‘without reserve risk’ or capital need: Zaffino
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Lines of business
Commercial Lines
Casualty/GL

Everest deal offers AIG growth ‘without reserve risk’ or capital need: Zaffino

The global insurer will pick up a $650mn portfolio of US casualty business.

By Adam McNestrie
October 27, 2025
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Peter Zaffino headshot 2022.jpg

AIG’s reserve rights deal with Everest for its $2bn global retail insurance book will deliver “incremental growth”, with no reserve risk or need for additional capital, driving EPS and RoE accretion, CEO Peter Zaffino told colleagues in an all-staff...

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Topics

News Casualty/GL AIG Everest Claims and losses Claims trends Reinsurers Insurers North America
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