AIG will launch a Lloyd ’s of London syndicate designed to serve high net - worth US citizens . The scheme , known as USA 2019 , aims to generate up to $ 1bn in gross insurance premiums and is set to begin underwriting business on 1 January 2020 , subject to regulatory approval . Photo: Courtesy of Marc Bryan-Brown/Wikipedia.org. The business will be managed by Talbot Underwriting , which was acquired by AIG last year .
AIG will launch a Lloyd ’s of London syndicate designed to serve high net - worth US citizens . The scheme , known as USA 2019 , aims to generate up to $ 1bn in gross insurance premiums and is set to begin underwriting business on 1 January 2020 , subject to regulatory approval . The business will be managed by Talbot Underwriting , which was acquired by AIG last year .