PCG on the chopping block Q2 into Q3 from my sources.
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Do your due diligence same as you would before making any other life changing decision. Research AIG to get a feel for the direction of the organization. The fact that you're reading this website is a good sign. Compare it with the dialogue (or lack of it) on this site for our peers. Look at Insurance Journal.
https://www.insurancejournal.com/news/national/2022/02/17/654804.htm
Not necessarily a lot of communication between the top and even the middle. Clearly there’s upheaval in the unit though. You’d have to decide for yourself if this is the type of environment that you can succeed in or bot.
What sources and why does PCG still seem to be hiring like crazy if this is true? I just interviewed for an underwriting role, which I was recruited for, and they explained there are more than a few different opportunities.
Anything can be up for sale to keep Pirate Pete and his crew to keep collecting the money till it runs out. They will then cash in their last multi million bonuses and retire living the high life.
Job market is good, get out while you can
KZ may have to sacrifice some of her lackeys this time around. PZ wants results now.
Thanks, aligns with my perception as a worker bee with no connections
Whole division is on the table but need more lipstick on the pig before can sell. Short term retraction in new business and increased non-renew to stabilize the book in cat areas. All of this while cutting overhead. Don't know specific positions, but widespread reorg.
Yes, any more detail greatly appreciated. Sure looks like the book is
being set up for sale.
the people or the whole division?