Latest AIG Headlines

All the headlines from our AIG Topic Page, ordered by recency.

AIG Can Continue Trade Secret Theft Allegations Against Dellwood

Mar 31 2025 // About a year into the litigation between American International Group and startup Dellwood Insurance Group, a federal judge will allow much of AIG’s lawsuit to proceed against its newest potential competitor in the...

AIG’s Zaffino Talks More on Insurer-Reinsurer Balance as $200B Cat Year May Loom

Feb 13 2025 // American International Group CEO Peter Zaffino used the insurer’s fourth quarter earnings call to again talk about reinsurance attachments points, throwing in the possibility 2025 could be the year for $200 billion...

People Moves: AIG’s Furth to Hiscox to Head US Claims; Hamlin to Lead TMHCC US Hospital Pro Liability; Amwins Names Healthcare Practice Leader

Feb 12 2025 // Hiscox, headquartered in Atlanta, appointed Alexandra Furth as head of claims in the U.S., effective March 10.Furth has over 20 years of claims and legal leadership experience, most recently serving as AIG’s head of...

AIG Q4 General Insurance Underwriting Income Down 29% on Catastrophes

Feb 12 2025 // American International Group reported fourth quarter 2024 net income of $898 million compared to $86 million the prior year, but insurance underwriting income was down 29% on high catastrophe losses.AIG said the dramatic...

Ex-AIG Chief Duperreault Secures $700M for Mereo Reinsurance Startup

Feb 11 2025 // Mereo Advisors, a Bermuda-based firm chaired by former American International Group Inc. Chief Executive Officer Brian Duperreault, has secured more than $700 million to fund its new reinsurance operations.The company...

AIG’s Hancock to Lead Global Personal Lines as Insurer Restructures Businesses

Jan 28 2025 // American International Group (AIG) said it is organizing into three segments and Jon Hancock will lead two of them.Hancock will continue to lead AIG’s international commercial business and will also take on...

People Moves: Lloyd’s Names AIG Veteran Baugh as Council Member; White Bear Managers Taps Former Castel Bloodstock Underwriters Woodward and Long

Jan 16 2025 // This edition of International People Moves details appointments at Lloyd’s and White Bear Group.Details of these new hires follows here. Lloyd’s Appoints AIG Veteran Baugh as New Council Member, Succeeding...

People Moves: AIG Moves Flatt to Global CUO; Tooker Now President at The Hartford; Berkley Financial Names Brinkley Chief of Claims

Jan 10 2025 // American International Group (AIG) said Christopher Flatt, currently head of AIG North America alternative channels, has been named global chief underwriting officer, effective immediately.Flatt also held the the position...

AIG Leads Launch of Reinsurance Syndicate at Lloyd’s

Dec 13 2024 // American International Group announced it has led the launch of a new reinsurance syndicate at Lloyd’s. Commencing underwriting from Jan. 1, 2025, Syndicate 2478 will be a multi-year participant on AIG’s...

Zurich Completes $600M Buy of AIG’s Travel Insurance Business

Dec 3 2024 // Zurich Insurance Group said Tuesday its acquisition of American International Group’s global personal travel insurance business is complete.Zurich said the acquisition of AIG’s personal travel insurance and...

People Moves: Schaper Is Now Permanent AIG CRO; NFP Appoints Boester Head of Sports and Entertainment Group; Galvin and Fujikawa Join Alliant’s Employee Benefits

Nov 13 2024 // American International Group said Christopher Schaper has been appointed chief risk officer of AIG.Schaper has held the role of chief risk officer on an interim basis since September, while also serving as AIG’s...

AIG CEO Zaffino on Approach to Catastrophe Losses in Today’s Reinsurance Market

Nov 6 2024 // American International Group CEO Peter Zaffino said he expects the reinsurance market’s attachment points to remain on top of losses generated by the frequency and severity of natural catastrophes.Losses will instead...

AIG General Insurance Underwriting Profit Falls 28% in Q3

Nov 5 2024 // American International Group saw third quarter underwriting income in its general insurance segment fall 28% to $437 million due to higher catastrophe losses and lower favorable development on prior year reserves.The...

AIG Plans to Consolidate Atlanta Ops Into Innovation Hub

Oct 23 2024 // American International Group, better known as the global insurance enterprise AIG, said it will consolidate its Atlanta-area operations into a huge new innovation hub in Brookhaven, on the north side of the city. The...

Markets/Coverages: QBE to Launch US Inland Marine With 3 Hires From AIG; Next Now Offers Standalone Pro Liability for Consultants

Oct 15 2024 // QBE International Markets will launch a new U.S. inland marine offering by 2025 across all 50 states as it expands its specialty product suite.The team and product will be added to QBE International Market’s growing...

People Moves: Zurich N.A. Hires AIG’s Hattauer to Head Financial Lines; Aon Promotions in Financial Services Group; Thomas-Ferrand to Lead Marsh Captive Business

Oct 11 2024 // Zurich N.A. Hires AIG’s Hattauer to Head Financial LinesZurich North America hired Nora Hattauer as head of financial lines for Zurich’s U.S. national accounts and middle market businesses. Hattauer officially...

People Moves: Miller Promotes Nagle to Head of Miller Europe, Succeeding Holloway; Markel Taps AIG’s Eastwood as Sr. Cyber U/W

Oct 10 2024 // This edition of International People Moves details appointments at the insurance broker Miller and the insurer Markel.A summary of these new hires follows here. Miller Promotes Nagle to Head of Miller Europe, Succeeding...

Hub Acquires Missouri’s AIG Agency

Oct 8 2024 // Hub International Limited (Hub) announced that it has acquired the assets of AIG Agency Inc. (d/b/a Associated Insurance Group). Terms of the transaction were not disclosed. Located in Maryland Heights, Missouri,...

People Moves: Coalition Appoints AIG’s Simonsen as European Head of Insurance

Oct 7 2024 // Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, has appointed Tine Simonsen as the company’s head of Insurance for Continental Europe. As an experienced cyber underwriter and...

Dellwood Insurance Says AIG’s ‘Ginned-Up Claims’ Must Be Dismissed

Oct 2 2024 // The legal squabble between American International Group (AIG) and a startup-up formed by some former employees continued this week with another filing from Dellwood Insurance Group in support of its motion to dismiss...