AIG has spent the best part of the past two decades pulling back from activities that helped bring it — and the global financial system — to the brink of collapse.
But when chief executive Peter Zaffino appeared on stage last year with Palantir’s Alex Karp, it was the latest signal that the century-old New York insurer was trying to take on more risk again.
“I can’t believe you’re willing to be seen in public with us,” joked Karp, who has courted controversy as the outspoken boss of the data intelligence company.
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