All the headlines from our AIG Topic Page, ordered by recency.
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...
Apr 4 2017 // A morale crisis at American International Group Inc. could prevent the U.S. insurance company from keeping and hiring the talent it needs to propel it through its financial turnaround, UBS said in an analysis on Monday.AIG...
Apr 3 2017 // American International Group Inc., the biggest seller of cyber insurance to businesses, is bringing cyber insurance and risk mitigation services adapted from its CyberEdge commercial insurance product to its high net worth...
Apr 1 2017 // Here is latest insurance industry real fake news on this April 1st:President Donald J. Trump announced today that he, his family and his Cabinet of billionaires are personally bankrolling MAGA Health Insurance Co. that...
Mar 30 2017 // AIG UK announced it has entered into a partnership with VUEcloud Ltd., a UK software technology provider to the commercial motor industry, to provide an enhanced claims service to motor fleet customers by harnessing...
Mar 26 2017 // American International Group Inc. executives have been meeting with investors and analysts to build confidence in the insurer and its turnaround plan amid uncertainty over a replacement for outgoing Chief Executive Officer...
Mar 23 2017 // AIG Asia Pacific Insurance Pte. Ltd. (AIG Singapore) has launched a nationwide search to find Singapore’s best drivers with “AIG On the Go,” a telematics-based smartphone application.“AIG On the...
Mar 21 2017 // Peter Hancock is getting $5 million in cash to stay on as American International Group’s chief executive officer while the board searches for his replacement. But the insurer’s departing president and CEO will...
Mar 20 2017 // Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year.For 2017, experts predict the U.S. economy will continue to expand. “Job growth means higher payroll,...
Mar 15 2017 // American International Group Inc.’s decision to remove Peter Hancock as its chief executive was to avoid a proxy battle with billionaire activist investor Carl Icahn, the Wall Street Journal reported, citing people...
Mar 10 2017 // Before he lost the confidence of big-name investors and his company’s board members, Peter Hancock squandered the faith of many of his staff.It was November 2015, after a disappointing quarter for American...
Mar 9 2017 // American International Group Inc. Chief Executive Officer Peter Hancock is stepping down after posting four losses in six quarters, results that hurt investors including activists Carl Icahn and John Paulson.Hancock, 58,...
Mar 8 2017 // American International Group Inc. plans to locate an insurance company in Luxembourg to ensure continued smooth operation of its business across the European Economic Area (EEA) and Switzerland once the United Kingdom...
Mar 7 2017 // American International Group has named Martha Gallo, its chief auditor, as its new chief information officer.Gallo succeeds Philip Fasano, a former Kaiser Permanente executive who was named CIO in 2014 and has now left the...
Feb 28 2017 // American International Group Inc. has named Rose Marie Glazer as vice president, deputy general counsel and corporate secretary. Glazer will oversee the corporate securities, corporate secretary, and mergers and...