‘You Can Do Well In This Business If You Do It Intelligently’: AIG’s Duperreault

NEW YORK CITY — The casualty insurance business can be tough and it – and the industry that takes it on – should be treated with respect, according to Brian Duperreault, president and CEO of American International Group (AIG), who gave the keynote speech here at Advisen’s Casualty Insights Conference on March 29.

“I’ve been involved in large casualty business for 30+ years. It can be good business. But it can be one of the most dangerous risks you can take on in the world,” said Duperreault, who was questioned by Tony DeFelice, managing director and Casualty Practice leader at Aon, after spending about eight months enticing the CEO to join the conference.

“A lot can go wrong. You make a mistake in large casualty business and it’s a huge loss. It should be treated that way,” continued Duperreault.

Read more at https://www.advisenltd.com/2018/04/02/can-well-business-intelligently-aigs-duperreault/

Erin Ayers, ‘You can do well in this business if you do it intelligently’: AIG’s Duperreault (April 2, 2018).