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AIG Acquires $2 Billion Everest Insurance Rights, Plans Expansion

10/28/2025

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Summary

Story summary

American International Group (AIG) has agreed to acquire renewal rights to Everest Group's retail commercial insurance business.
The deal is valued at $2 billion in premiums.
Everest Group will retain liability exposure and continue managing claims.
AIG will begin writing policies for Everest clients outside the EU on January 1, 2026, with EU operations planned in Q1 2026, pending regulatory approval.
Lou Levinson will lead AIG's wholesale operations in North America.

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Story summary

American International Group (AIG) has agreed to acquire renewal rights to Everest Group's retail commercial insurance business.
The deal is valued at $2 billion in premiums.
Everest Group will retain liability exposure and continue managing claims.
AIG will begin writing policies for Everest clients outside the EU on January 1, 2026, with EU operations planned in Q1 2026, pending regulatory approval.
Lou Levinson will lead AIG's wholesale operations in North America.