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CLAIM #4640 · American International Group Inc (AIG) · 2024Q2 earnings call · Aug 1, 2024 · due Dec 31, 2024

And both of those with the market we've got the pipeline that we've got, we expect to see continued good growth.

Jon Hancock · Executive

PENDING
graded after results covering Dec 31, 2024 are reported

In context

me very, very good new business in all of the global specialty segments, especially in marine and energy, where we are recognized world leaders in both. We've grown new business in marine 15% over Q1 last year, especially strong in cargo in the UK and across Europe. Peter, you already referenced the energy, 13% increase in new business year-over-year. And that's in all of our global hubs and all of our products actually. So really, really strong targeted growth with one of our best performing profitability businesses. And I'll just finish on, I'll add in Talbot as well Talbot at Lloyd's another very, very good quarter of growth of 12%. And again, that's driven by targeted growth in specialty lines of marine liability that we grew at 13%, cargo and specie at 16% and upstream energy at 19%. And both of those with the market we've got the pipeline that we've got, we expect to see continued good growth. Peter Zaffino: That's great, Jon. Thanks to you and Don for that detail, really helpful. I want to thank everybody for joining us today. I do want to thank our colleagues around the world for their continued dedication, commitment, teamwork and all of their execution. I also want to extend my deep gratitude to Tom Bolt, who's retiring at the end of the year for his many significant contributions to AIG during a very important time and congratulate him on his story career. Tom was instrumental in establishing a global framework for AIG's underwriting standards, governance and structures and alignment with our refined risk appetite and has just been a terrific executive at AIG. So again, thank you for joining us today. Everybody, have a great day. Operator: Thank you. This does conclude the

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SEC filings for AIG · Claim quote is verbatim from the 2024Q2 earnings call.