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The executive said inflation isn’t completely gone but is now “more understood”.
InsurTech funding was down 7.3% from $1.09bn in the prior quarter.
Slide does expect a “meaningful” amount of takeouts for this month and next.
The company has now posted rate increases for 37 consecutive quarters.
The executive said the firm has grown its casualty business by 80% from 2022.
Sources said the executive will report to Julian Pratt in South Florida.
Zaffino said AIG will continue to assess strategic opportunities after the Convex, Onex and Everest deals.
T&Cs, as well as exclusions, remain largely unchanged, the executive said.
The Marsh-placed account renews its all-risks cover on 16 November.
The carrier is continuing to reposition its portfolio to drive more consistent returns.
Underwriting income for North America quadrupled to $384mn, and the segment recorded a CoR of 82.6%.
The chief executive said he doesn’t expect to see a price drop anytime soon.
This publication exclusively reported the executive’s plans last month.
M&A
The deal would follow AJG’s regional acquisitions of THB Chile, Brazil’s Case or the Colombian retail book of Itau.
YTD disclosed run-off deals total 26, with $1.36bn of gross liabilities transferred.
Widespread underinsurance and low exposures will limit losses.
Both the primary and reinsurance segments benefitted from a light cat year.
It is understood the permanent reinsurance capital vehicle is called Highline Re and will sit behind fronting carriers.
CEO Greg Case said data center demand could generate over $10bn in new premium volume in 2026.
The broker grew earnings per share by 12.1% during the quarter.
Gallagher said that the firm is ready to engage in large deals again after the acquisition of AP.
Dairy and livestock products within the agricultural unit were main growth drivers in Q3.
The insurer continues to exit or reduce unprofitable lines and slowed growth as a result.
The CEO said the carrier is seeing sequential PIF growth in several states.
M&A
Sources said that the transaction valued the Californian auto F&I business at over $1bn.
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Insurance Insider provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.

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Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.