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AIG to Form Special Purpose Vehicle through a Strategic Partnership with Amwins and Blackstone, and Launches Collaboration with Palantir on GenAI Capabilities
Businesswire· 2025-12-18 22:49
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) in collaboration with Amwins, a global distributor of specialty insurance products and services, and funds managed by Blackstone, the world's largest alternative asset manager, today announced they will be forming a new Lloyd's syndicate, Syndicate 2479, a novel structure involving a specialty distributor, insurer and Lloyd's syndicate backed with third-party capital. On January 1, 2026, Syndicate 2479 will commence underwriting $300 ...
Palantir Just Scored a Deal to Build Nuclear Submarines. Should You Build a Position in PLTR Stock?
Yahoo Finance· 2025-12-11 18:15
Palantir Technologies (PLTR) recently landed one of its most significant defense contracts yet as the U.S. Navy tapped the software firm to overhaul submarine production through artificial intelligence. The deal authorizes up to $448 million to deploy Palantir's technology across America's entire Maritime Industrial Base under an initiative called ShipOS. www.barchart.com The Virginia-class and Columbia-class submarine programs are billions of dollars over budget and years behind schedule. The Columbia-c ...