AIG’s incoming president John Neal withdraws

According to a report from The Wall Street Journal, Neal’s exit now leaves a gap in a pivotal role at a time when AIG is attempting to tighten underwriting discipline and maintain momentum following the separation of its life and retirement division. For investors, the withdrawal adds another layer of uncertainty following prior leadership turnover, including the departure of a US executive last year after criminal charges tied to a 2024 event.

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