Finance
AIG’s CEO Sees Pandemic, Wars and Climate Change Among Biggest Risks
- Zaffino points to 100 natural disasters in first nine months
- California made progress trying to win back insurers who left
Peter Zaffino.
Photographer: Christopher Goodney/BloombergThis article is for subscribers only.
American International Group Inc. Chief Executive Officer Peter Zaffino said the biggest challenge to the insurance sector over the last decade has been “unpredictable risks” including the pandemic, wars and climate change.
“We’ve had 100 natural disasters reported through nine months of this year,” Zaffino said during an interview for an upcoming episode of “The David Rubenstein Show: Peer to Peer Conversations.” “That just hasn’t happened in the past.”