In this episode, we explore the fascinating journey of American International Group (AIG), highlighting its dramatic turnaround from the edge of failure after the 2008 financial crisis to becoming a focused specialty insurer under Peter Zaffino’s leadership. Portfolio Manager Austin Hawley shares valuable insights into AIG's past struggles, its strategic shift, and the critical role of underwriting excellence in the ever-changing insurance landscape. This discussion emphasizes the vital components of a successful recovery: strong leadership, a clear vision, and an unwavering commitment to achieving top-tier performance.