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Dellwood Insurance Files to Dismiss ‘Insufficient’ Case Brought by AIG
Jun 27 2024 // Dellwood Insurance Group has filed to dismiss a lawsuit against it by American International Group, who is using the court system “as a cudgel to crush a fledgling startup,” the new surplus insurer...
Zurich to Buy AIG’s Travel Insurance Business for $600 Million
Jun 26 2024 // Zurich early Wednesday said it is purchasing the global personal travel insurance business of American International Group (AIG) for $600 million. The deal, according to Zurich, may include an additional payment if...
US E&S Growth Slower in 2023; Berkshire, AIG Top Premium Rankings
Jun 13 2024 // An analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market has slowed since a peak growth rate of 32.3% recorded in 2021. In 2023, growth remained...
AIG a ‘Different Company’ Poised to Grow in E&S and More: CEO Zaffino
Jun 3 2024 // AIG is “a different company” today than it was when CEO Peter Zaffino joined the company in 2017, but like the old AIG, the new one is poised to grow again, he said. The former executive of Marsh, who recalled...
AIG Drops Claims Against Former Execs Who Started Dellwood Insurance
May 31 2024 // American International Group and a group of its excess and surplus lines subsidiaries have dropped claims against three former AIG executives who launched Dellwood Insurance Group but its claims against the E&S lines...
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