AIG-AMERICAN INTERNATIONAL GROUP INC

AIG CEO Warns of Rising Catastrophe Losses and Insurance Challenges Amid Increasing Natural Disaster Costs

Member Only Article

Wednesday

26 February, 2025

As AIG navigates a turbulent insurance landscape, CEO Peter Zaffino warns of unprecedented catastrophe losses potentially reaching $200 billion in 2025, primarily due to escalating natural disasters. With primary insurers now expected to absorb 90% of these losses, how will the industry adapt to this shifting risk paradigm?

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