All the headlines from our AIG Topic Page, ordered by recency.
Aug 2 2018 // American International Group Inc. announced that David H. McElroy will join the company as chief executive officer of Lexington Insurance Co. at a date to be determined.McElroy will lead Lexington Insurance Co. and report...
Aug 1 2018 // Global insurer American International Group and private equity and financial services firm The Carlyle Group are forming a partnership to build a standalone provider of reinsurance, claims handling and run-off management...
Jul 30 2018 // Allianz Global Corporate & Specialty (AGCS) has appointed Stefania Davì-Greer to head of Financial Lines for Regional Unit London (RUL). Based in London, Davì-Greer will join in October with responsibility for the...
Jul 18 2018 // American International Group Inc. said it has completed its acquisition of Bermuda reinsurer and specialist insurer Validus Holdings.The $5.56 billion all-cash transaction was first announced in January, about eight months...
Jun 25 2018 // Although analysts at Conning didn’t actually use the word “shocked” in their latest report on the property/casualty industry’s loss reserve position, the title of the report—and the image on the...
Jun 18 2018 // Insurance is supposed to make you feel safe, but even those who sell special cyber-security protection packages worry about hacking threats.What makes Jerry Hourihan lose sleep is that everyone’s information already...
Jun 7 2018 // Insurance is supposed to make you feel safe, but even those who sell special cyber-security protection packages worry about hacking threats.What makes Jerry Hourihan lose sleep is that everyone’s information already...
May 31 2018 // The race is on for companies to present their driverless cars to the public, but recent collisions involving autonomous vehicles developed by Uber Technologies Inc. and Tesla Inc. have led to doubts about whether these...
May 24 2018 // American International Group announced that Lisa Sun will join the company as chief executive officer of AIG Insurance Company China.Sun joins AIG from Mercer, where most recently she was CEO of Mercer’s Hong Kong...
May 22 2018 // Data privacy rules coming into force this week are giving Europe’s fledgling cyber insurance market a boost as they make companies more aware of the risks caused by customer information breaches.Europe’s...
May 21 2018 // Cyber insurance coverage continues to be one of the fastest growing segments and represents a significant growth opportunity for U.S. property/casualty insurers, according to Fitch Ratings in a new report.The market has...
May 18 2018 // S&P Global Ratings has affirmed its ‘A+’ insurer financial strength rating and ‘BBB+’ long- and ‘A-2’ short-term issuer credit ratings on American International Group Inc. (AIG), and...
May 15 2018 // François Morin is assuming the role of executive vice president and chief financial officer of Arch Capital Group Ltd. Morin replaces outgoing CFO Mark Lyons, who is leaving Arch to become senior vice president and chief...
May 10 2018 // Cyber insurance coverage continues to be one of the fastest growing segments and represents a significant growth opportunity for U.S. property/casualty insurers, according to Fitch Ratings in a new report.The market has...
May 9 2018 // American International Group Inc said shareholders approved a $43.1 million pay package for 2017 for Chief Executive Officer Brian Duperreault during the company’s annual meeting on Wednesday.A nonbinding resolution...
May 9 2018 // American International Group Inc. faces an uphill climb to convince shareholders to approve a $43.1 million pay package for Chief Executive Officer Brian Duperreault during the company’s annual meeting on...
May 8 2018 // Billionaire investor Carl Icahn has sold his stake in American International Group Inc, ending a more than two-year association with one of the largest U.S. property and casualty insurers, according to a person familiar...
May 4 2018 // An ex-chief executive officer of AIG’s Financial Products unit repeatedly told a U.K court that political and media pressure didn’t influence the company’s decision to “wipe out” a $600...
May 4 2018 // American International Group Inc. executives on Thursday defended their strategy for transforming the company, saying some key improvements would take hold by year-end, but failed to convince investors as shares slid more...
May 3 2018 // American International Group Inc. reported a 21 percent decline in first-quarter profit on Wednesday, due to higher catastrophe and bad weather claims, as well as weaker investment income.The insurer posted $938 million,...