AIG announces launch of new reinsurance syndicate at Lloyd's [Yahoo! Finance]
American International Group, Inc. New (AIG)
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Source: Yahoo! Finance
American International Group (AIG) has launched a new reinsurance syndicate, Syndicate 2478, at Lloyd's, which will start underwriting from January 1, 2025. The syndicate will participate in AIG's outward reinsurance program and access risk from its global property and casualty operations, with a stamp capacity of £715m. It will be backed by third-party capital from Blackstone-managed funds and will be managed by Talbot Underwriting at Lloyd's. This move demonstrates AIG's strength in property and casualty underwriting and its strategic relationships with Blackstone and Lloyd's. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No American International Group (AIG) has spearheaded the creation of a new reinsurance syndicate at Lloyd's, known as Syndicate 2478. The syndicate is set
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- AIG Leads Launch of Syndicate 2478 at Lloyd’s Through Multi-Year Blackstone Strategic RelationshipBusiness Wire
- AIG Announces Results and Upsizing of Its Tender Offers for Certain Outstanding NotesBusiness Wire
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