All the headlines from our AIG Topic Page, ordered by recency.
Sep 1 2006 // American International Group announced that the newly formed Concord Re Limited, a “sidecar” reinsurer, and AIG’s subsidiary, Lexington Insurance Company, have entered into a quota share reinsurance...
Aug 18 2006 // American International Group, Inc. (AIG), the principal sponsor of Manchester United Football Club, today announced the launch of the “AIG Goals for Kids” program. For each goal that Manchester United scores...
Aug 16 2006 // The American International Group, Inc. (AIG) today announced that Nicholas J. Ashooh will join AIG in September as senior vice president, Communications. Ashooh succeeds John T. Wooster, Jr. who had filled that role on a...
Aug 11 2006 // American International Group and IPC Holdings, Ltd. announced that AIG has agreed to sell 13.397 million IPC common shares at $27 per share in an underwritten public offering (See IJ Website Aug. 9). The transaction is...
Aug 9 2006 // In a joint announcement American International Group and IPC Holdings, Ltd. said AIG “is commencing an underwritten public offering to sell 13.397 million IPC common shares.” As of March 6, 2006, AIG owned...
Aug 9 2006 // Second quarter income for American International Group, Inc. (AIG) dropped 29 percent to $3.19 billion or $1.21 per diluted share, compared to $4.49 billion or $1.71 per diluted share in the second quarter of 2005.Second...
Jul 25 2006 // Banque AIG, a wholly-owned subsidiary of American International Group, Inc., has hired Tomas Dusek as an executive director in its European marketing group. Dusek will focus on developing business opportunities in Central...
Jul 24 2006 // American International Group Inc. is sparring again with its former chairman, Maurice “Hank” Greenberg. The company is canceling its agency arrangement with the American International Marine Agency, a...
Jul 24 2006 // Colemont Insurance Brokers has promoted Elizabeth Dalla-Valle assistant vice president of its Atlanta office. She has experience both as an underwriter and as a wholesaler. Dalla-Valle joined Colemont in 2001. She has more...
Jul 24 2006 // HRH, Thilman & FilippiniInsurance broker Hilb Rogal & Hobbs Co. agreed to buy substantial assets of Thilman & Filippini, L.L.C., a Chicago-based insurance agency and brokerage firm with 2005 gross revenues...
Jul 5 2006 // American International Group Inc., one of the nation’s largest insurers, is sparring again with its former chairman, Maurice “Hank” Greenberg.AIG announced that it is canceling its “agency...
Jul 4 2006 // EU Leaders Fiddle While Europe Burns: The crisis in the European Union, provoked when French and Dutch voters rejected the EU Constitution, is being largely ignored by Europe’s leaders. Instead of a bit of...
Jul 4 2006 // Program administrators, painfully aware how difficult it can be to get insurance companies to sign on, improve their chances of program success when they tell the complete story of their operations and history, including...
Jul 4 2006 // Nearly five years ago, a group of program specialists gathered in Tempe, Ariz., for the first summit meeting of a budding industry organization called the Target Markets Program Administrators Association. The brainchild...
Jun 30 2006 // American International Group, Inc. announced that it has established AIG Global Marine and Energy, a new division of the AIG property and casualty insurance subsidiaries. “The unit will service the insurance, risk...
Jun 23 2006 // American International Group, Inc. (AIG) has named Anthony J. Galioto to the position of AIG Companie’ senior executive – East.Based in Atlanta, Galioto succeeds David M. Hupp, who was recently elected...
Jun 20 2006 // A theft of computer equipment containing personal information about 970,000 individuals was recently confirmed by American International Group Inc., (AIG). The theft took place on March 31st at one of AIG’s Medical...
Jun 13 2006 // Lexington Insurance Company, a member company of American International Group, Inc. (AIG), has introduced Warehouse Legal Liability insurance, a new policy providing coverage for the warehousing, trucking and logistics...
Jun 7 2006 // American International Group, Inc. is donating $1 million to support relief efforts in the areas affected by the May 27 earthquake in Indonesia. President and CEO Martin J. Sullivan explained: “The earthquake in...
Jun 5 2006 // General Motors, ShanghaiGeneral Motors Corp. received approval to open an office in Shanghai as a step toward beginning insurance operations in China. Detroit-based GM said that Motors Insurance Corp., part of the...