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AIG to take over most of Everest Group’s global commercial insurance renewals starting Jan. 1, 2026, excluding the EU.
AIG has agreed to acquire renewal rights for the majority of Everest Group’s global retail commercial insurance portfolios, representing about $2 billion in annual premiums across the U.S., U.K., Europe, and Asia Pacific.
Starting January 1, 2026, AIG will take over policy renewals for existing clients outside the European Union, with EU expansion pending regulatory approval in early 2026.
Everest retains liability for claims and policy administration, while focusing on its wholesale and specialty insurance units.
The deal supports AIG’s growth in general insurance without additional capital, aligning with CEO Peter Zaffino’s strategy to strengthen the company’s commercial portfolio.
Terms were not disclosed.
AIG se hará cargo de la mayoría de las renovaciones de seguros comerciales globales de Everest Group a partir del 1 de enero de 2026, excluyendo la UE.