June 1, 1999 by Canadian Underwriter
AIG recently held it’s first Canadian Product Fair in Toronto at the Roy Thompson Hall. Greg Flood (pictured), president of AIG’s mergers & acquisitions division, was one of several speakers addressing the 600 attendees. Flood points out that the surge in M&A deals over the past two years has opened up new product opportunities for insurers. “Hostile takeover cover” is a new product to have come onto the market, he adds, “insurers can facilitate M&A deals, allowing all parties to benefit”.