It would be a “huge shame” to lose AIG Life’s impact approach to critical illness, Protection Guru head of research, Adam Higgs, has argued.
It comes after Aviva outlined its plans for its protection business after acquiring AIG Life in September 2023 in a deal worth £460mn. However, Higgs displayed some concern that Aviva’s plan seemed to suggest it does not intend to continue AIG Life’s impact based approach on critical illness.“AIG has been one of the more innovative…
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Losing AIG Life’s impact based CIC would be ‘huge shame’
