AIG

Potential $200bn catastrophe loss year in 2025 could recalibrate entire industry: Zaffino, AIG – Go Health Pro

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Potential 0bn catastrophe loss year in 2025 could recalibrate entire industry: Zaffino, AIG – Go Health Pro

With the recent California wildfires seen as likely to drive the second most costly first-quarter on record for the global insurance and reinsurance industry, AIG CEO Peter Zaffino has warned that a $200 billion annual catastrophe loss year in 2025 could “recalibrate the entire industry.”Zaffino highlighted that, “Much more of the risk is now being … Read more

AIG launches sidecar-like reinsurance syndicate at Lloyd’s, funded via London Bridge 2 – Go Health Pro

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AIG launches sidecar-like reinsurance syndicate at Lloyd’s, funded via London Bridge 2 – Go Health Pro

AIG has announced the launch of Syndicate 2478 at Lloyd’s, which is set to be a multi-year participant on its outwards reinsurance program and is supported by third-party capital from funds under Blackstone management, channelled through the London Bridge 2 PCC structure.Syndicate 2478 will commence underwriting from January 1st 2025 and given how it will … Read more

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