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flag AIG to take over most of Everest Group’s global commercial insurance renewals starting Jan. 1, 2026, excluding the EU.

flag 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. flag 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. flag Everest retains liability for claims and policy administration, while focusing on its wholesale and specialty insurance units. flag 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. flag Terms were not disclosed.

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