Filed Under:Carrier Innovations, Regulation/Legislation

AIG's Hancock Tackles Emerging Risks, NFIP and TRIA

NEW YORK—The past year brought a first for AIG Property Casualty—a meteorite claim filed by a Siberian warehouse insured against earthbound space debris.

“History doesn’t repeat itself; it rhymes,” quoted Peter Hancock, CEO of AIG Property Casualty, at the Annual Insurance Executive Conference held here yesterday, drawing a parallel between Mark Twain’s words and the changing global risk landscape.  

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