AIG exits HNW admitted markets as it looks to third-party capital
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AIG exits HNW admitted markets as it looks to third-party capital

AIG logo stock exchanges .jpg

AIG has exited the admitted market for high-net-worth (HNW) homeowners in certain cat-exposed states in Q2, owing to rising loss costs and reinsurance rates, Peter Zaffino, chairman and CEO, said on the firm’s Q2 earnings call.

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