Published: Tue 31 Jan 2023

Fired AIG interim CFO Lyons gets $7.5mn severance package

AIG’s recently fired global chief actuary and interim CFO Mark Lyons will receive a $7.5mn payout as part of his exit from the company, after he was fired on Monday for violating non-disclosure obligations.

Insurance

AIG

People Moves

Published: Tue 31 Jan 2023

AIG shares trade up 3% on strong earnings beat and growth outlook

AIG beats again in Q1 as GI CR improves to 89.8%

Fired AIG interim CFO Lyons gets $7.5mn severance package

Want to read this article?

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

Andy Stone

Sales manager

Related articles:

AIG shares trade up 3% on strong earnings beat and growth outlook

AIG beats again in Q1 as GI CR improves to 89.8%

AIG adds GE Vernova’s Lafnitzegger as chief human resources officer

AIG GI chairman McElroy to retire on 1 May

AIG offering early retirement option for staff amid $500mn cost-cutting programme

AIG defeats $50mn bad faith lawsuit in New Mexico

Read more:

Tim Turner: Property will continue to be “strong driver” amid market stabilisation

Fairfax P&C operations Q1 operating profit up 16% as UW income increases 19%

AFG Q1 rate increases exceed loss trends as UW income holds steady

Trisura grows US revenue 13.7% to C$522.4mn as fronting fee income rises 23%

Pat Ryan: Castel Underwriting MGU deal will help accelerate international expansion

Palomar improves Q1 CR to 76.9% and grows GWP 47%