Benmosche: Berkshire Hathaway, AIG Ceasefire Is Over Now

The transcript discusses an agreement between Berkshire Hathaway and AIG, focusing on a one-year non-recruitment clause for executives. Legal departments were involved in the agreement, which aimed to allow AIG to stabilize its leadership. Employee obligations regarding proprietary information are highlighted, with potential legal actions for violations. The ceasefire has ended, allowing both companies to recruit from each other, but AIG views this as manageable given the broader competitive landscape.

What actions were taken by AIG regarding the proprietary information?

How does the end of the ceasefire affect recruitment between the two companies?