AIG American General’s Specialty Markets Group, a business unit of American International Group Inc.’s (AIG) domestic life insurance companies, has named John Gatesman as president of the affluent and corporate markets group, which markets corporate-owned life insurance (COLI) and bank-owned life insurance (BOLI) to Fortune 1,000 companies and to mid- to large-size banks. In addition, the group serves the high-net-worth market segment with private placement life insurance and variable annuities. Gatesman joins AIG American General with 21 years of experience in the insurance industry.
Revenue, earnings and commercial enrollment were all up.
As America moves toward the next general elections, the ACLI has named its next general.
The companies say a distributed ledger system could be useful in reinsurance.
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