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Gross wildfire PMLs down 35%-40% since 2021: AIG CEO Zaffino

AIG logo manhattan with zaffino updated 2022.jpg

AIG chairman and CEO Peter Zaffino has said that his company’s strategy to move high-net-worth property homeowners coverage to the non-admitted market in certain states is paying off, as gross wildfire PMLs are down 35% to 40% since December 2021.

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