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AIG announced that Peter Zaffino will succeed Brian Duperreault as CEO next year as the insurer pursues a split of its business units.
Three P&C insurance leaders are on this list, including two who made more than 200 times the median employee salary.
Here is a round-up of essential COVID-19-related news from around the world on May 18, 2020.
When it comes to tackling climate change, insurance companies are in a position to lead the business world in the right direction.
Zaffino will also continue to serve as global chief operating officer of AIG and CEO of general insurance.
AIG CEO Brian Duperreault has been revamping management as he seeks to boost confidence in the insurer.
American International Group reported a surprise third-quarter loss as natural disasters, old and new, hurt results.
AIG had 'severe losses' of $293 million in Q2, which it said was 'more than double the long-term average.'
Carlyle and AIG will partner to position DSA Re as a platform to provide solutions for insurance liabilities globally.
Insurance results were hurt by catastrophe costs and a decline in net premiums written.