All the headlines from our AIG Topic Page, ordered by recency.
May 15 2017 // American International Group Inc. will acquire Hamilton USA as part of a memorandum of understanding with Hamilton Insurance Group and Two Sigma Insurance Quantified that is designed to further their investment in the...
May 15 2017 // American International Group named Brian Duperreault as its new chief executive officer on Monday, selecting a protege of former CEO Hank Greenberg and an industry veteran known for his turnaround expertise.Duperreault,...
May 12 2017 // Nine in 10 global cyber security and risk experts believe that cyber risk is systemic and that simultaneous attacks on multiple companies are likely in 2017, according to a study by American International Group.More than...
May 11 2017 // The Wall Street Journal is reporting that American International Group Inc. plans to name Brian Duperreault, founder and CEO of Hamilton Insurance Group, as CEO, replacing Peter Hancock. The publication cited people...
May 10 2017 // While U.S. commercial lines insurance had been a relatively bright spot among property/casualty insurers, the sector is facing some clear deterioration due to weakening premiums and poor loss experience. What’s more,...
May 10 2017 // A federal appeals court threw out a ruling that the U.S. government illegally bailed out insurer American International Group Inc. during the 2008 financial crisis, in a defeat for former chief executive officer Maurice...
May 9 2017 // A federal appeals court threw out a ruling that the U.S. government illegally bailed out insurer American International Group Inc. during the 2008 financial crisis, in a defeat for former chief executive officer Maurice...
May 8 2017 // Charles Munger, the vice chairman of Warren Buffett’s Berkshire Hathaway Inc., said the decision to take on insurance liabilities from American International Group Inc. offers plenty of risk, and also the chance for...
May 4 2017 // American International Group Inc., one of the largest U.S. insurers, reported better-than-expected first-quarter operating profit on Wednesday, helped by investment returns and cost cuts.AIG reported operating earnings of...
May 3 2017 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Stuart Sutherland as its head of Casualty.Based in LSM’s London headquarters, Sutherland will report to Alan Telford, chief...
May 2 2017 // For nearly two months, American International Group Inc. has planned to replace its chief executive but a successor has yet to be named, creating a void that has fueled investor concern about the insurance company’s...
May 2 2017 // American International Group announced it has successfully completed the sale of AIG Fuji Life Insurance Co. Ltd. (AFLI) to FWD Group, the insurance arm of Pacific Century Group.The terms of the deal, which was originally...
Apr 28 2017 // The London Market Group (LMG) announced the re-appointment of Nicolas Aubert, head of Great Britain for Willis Towers Watson, as its chair.The last 12 months has seen progress across all LMG’s workstreams, including...
Apr 24 2017 // The frequency of insurance claims surrounding mergers and acquisitions (M&As) is rising as large deals prove risky and the average payout on the most severe category of claims tops $20 million, according to an American...
Apr 20 2017 // American International Group Inc. is weighing a plan to hire Brian Duperreault as the company’s seventh chief executive officer since 2005, according to people familiar with the board’s deliberations.Other...
Apr 17 2017 // Billionaire John Paulson is planning to step down from American International Group Inc.’s board after his hedge fund sold shares in the insurer, according to a person familiar with the plan.The move is expected to...
Apr 17 2017 // American International Group Inc.’s board of directors declined to award Chief Executive Officer Peter Hancock a cash bonus for his work last year, after the company’s dismal financial performance roiled...
Apr 12 2017 // When a board member of a publicly traded U.S. company sells even a small personal holding, the director typically has just two business days to disclose the transaction, under securities rules to promote transparency. But...
Apr 10 2017 // Willis Towers Watson has introduced CyFly, an insurance solution specifically tailored to cover cyber exposure affecting the airline industry.The recent Willis Towers Watson Industry Risk Index identified failure of...
Apr 4 2017 // American International Group Inc.’s chairman reaffirmed support for the course charted by Peter Hancock, even after the CEO announced he was stepping down because of insufficient investor backing.Chairman Doug...