AIG Acquires Premium Bank From Everest
AIG will manage renewal rights for Everest’s $2 billion insurance portfolio, enabling portfolio growth without assuming prior liabilities, starting policy writing in 2026.
6 Articles
6 Articles
AIG to acquire renewal rights for majority of Everest's commercial retail businesses
Bermuda-domiciled insurer and reinsurer Everest Group has entered into definitive agreements to sell the renewal rights for its U.S., U.K., European, and Asia Pacific Commercial Retail businesses to American International Group, Inc. (AIG), subject to regulatory approvals. The renewal rights of these businesses total an estimated $2 billion of aggregate gross premiums written, and it’s expected that the transactions will result in meaningful tot…
The US insurance group AIG acquires the majority of the renewal rights for Everest Group's global retail insurance business from Texas' Dallas. The portfolio has a volume of around two billion US dollars. The purchase is considered an important step in the restructuring phase under Group CEO Peter Zaffino, who has been leading the New York insurer since 2021.
ResultsCX Strengthens Position in Everest Group’s 2025 CXM Rankings
NORRISTOWN, PA — ResultsCX has earned recognition for the fifth straight year as a Major Contender in Everest Group’s 2025 Customer Experience Management (CXM) Services PEAK Matrix® for the Americas. The latest assessment highlights the company’s continued momentum in digital transformation and AI-powered service delivery across major industries. Everest Group’s report evaluates service providers on key criteria such as innovation, operational s…
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