All the headlines from our AIG Topic Page, ordered by recency.
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,...
May 3 2018 // A former marketing director at Banque AIG told a London court that he was repeatedly assured he’d receive his bonuses, even as he helped clean up a company crumbling from its role in the global financial...
May 3 2018 // Validus Holdings reported it lost money during the 2018 first quarter, due partly to more expenses, an underwriting loss in its insurance segment and a drop in income for the carrier’s reinsurance arm.The downbeat...
Apr 20 2018 // American International Group, Inc. announced that Anthony Vidovich will join the company as chief claims officer for General Insurance, effective May 14, 2018. In this role, Vidovich will be responsible for claims...
Apr 20 2018 // American International Group Inc. announced the authorization of new insurance companies in the United Kingdom and Luxembourg in preparation for the UK’s exit from the European Union.The formation of the two new...
Apr 12 2018 // CNA reports that Mark James will join the company as senior vice president for Global Reinsurance. He will be responsible for CNA’s reinsurance strategies and purchasing around the globe. James has more than 15 years...
Mar 28 2018 // Travel Guard Group Canada, Inc., the Toronto-based subsidiary of AIG, has launched a travel insurance app allowing Canadian customers (except Quebec residents) to purchase coverage in blocks of time through their...
Mar 28 2018 // American International Group paid its new chief executive Brian Duperreault $43.1 million last year, a securities filing showed on Tuesday.AIG, which during the financial crisis faced questions over the compensation of...
Mar 27 2018 // It was a no-brainer for former thought-leaders from AIG to set up shop for their new high net worth insurer in the Sunshine State, a state known for beautiful beaches, a growing economy and lots of wealthy individuals. A...
Mar 26 2018 // American International Group said Ed Dandridge will join the company as head of Marketing and Communications, General Insurance, effective April 16. In this role, Dandridge will be responsible for General Insurance’s...
Mar 26 2018 // The U.S. Supreme Court on Monday handed a defeat to former American International Group Inc. CEO Maurice “Hank” Greenberg, refusing to hear an appeal he led arguing that the federal government illegally bailed...
Mar 15 2018 // Samuel Merksamer, who represents billionaire Carl Icahn on the board of American International Group Inc., will not seek re-election to the post at the insurer’s annual meeting in May, the company said in a filing on...
Mar 12 2018 // A Michigan company is suing AM General, alleging the vehicle manufacturer owes more than $3 million for contract work at its northern Indiana plant.Michigan-based Allied Industrial Group’s original contract called...