All the headlines from our AIG Topic Page, ordered by recency.
Sep 29 2016 // A New York state court judge warned Maurice “Hank” Greenberg, the 91-year-old former chairman of American International Group Inc., that his fraud trial might last a year unless he answered questions more...
Sep 27 2016 // Former American International Group Inc. Chairman Maurice “Hank” Greenberg says he got personally involved in an “insignificant” business deal at the insurance giant 18 years ago to teach some...
Sep 21 2016 // AF Group, based in Lansing, Michigan, hired Jeff Kuss as senior vice president and chief claims officer. Kuss will lead a team responsible for claims administration, investigative services, medical management, large loss,...
Sep 19 2016 // Emerging risks or traditional lines, innovation makes the differenceThe surplus lines market is eyeing another year of solid results for 2015. At press time, the final figures for 2015 surplus lines had yet to be released...
Sep 16 2016 // American International Group Inc. has agreed to sell its interest in Ascot Underwriting Holdings Ltd. (AUHL) and related syndicate-funding subsidiary Ascot Corporate Name Ltd. to Canada Pension Plan Investment Board...
Sep 15 2016 // The state pressed on for more than a decade with civil fraud claims against a 91-year-old former chief executive of insurance company American International Group Inc. as a warning to other executives that wrongdoing...
Sep 14 2016 // It’s a day of reckoning — or the moment of truth — for former American International Group Inc. head Maurice “Hank” Greenberg.More than 11 years after he was sued by former New York Attorney...
Sep 12 2016 // American International Group Inc. would weigh acquisitions to bolster high-priority businesses, even as Chief Executive Officer Peter Hancock exits other units, the head of the company’s commercial insurance...
Sep 9 2016 // Even at 91, former American International Group Inc. Chairman Maurice “Hank” Greenberg isn’t ready to quit fighting.Greenberg scrapped with regulators and the Internal Revenue Service and beat the federal...
Sep 8 2016 // Allianz Global Corporate & Specialty (AGCS) is expanding its global Environmental Impairment Liability (EIL) team with new senior hires in the North American and Mediterranean regions.“Environmental claims pose...
Sep 8 2016 // Sompo Canopius AG announced the hire of Spencer Pearce as head of heavy industry. Pearce, one of a number of recent senior hires for Sompo Canoipius, joins from AIG.He will report to Mike Southgate, head of Marine, Energy...
Sep 6 2016 // The U.S. property/casualty insurance industry generated $1 billion in direct written premium volume for cyber insurance in 2015. American International Group (AIG), Chubb and XL Group led the market, according to Fitch...
Sep 5 2016 // American International Group (AIG) is seeking to raise about $190 million by selling its remaining shares in China’s PICC Property and Casualty Co Ltd, according to a term sheet of the deal seen by IFR on...
Sep 1 2016 // Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property/casualty insurance and reinsurance, said Christopher Sparro is joining the company as executive vice president and chief executive officer...
Aug 29 2016 // About 120 U.S. insurance groups wrote an estimated $1 billion in cyber insurance direct written premiums in 2015, according to Fitch.Fitch aggregated the cybersecurity statutory supplement data for the U.S....
Aug 23 2016 // American International Group Inc. is in early talks to sell its minority stake in the Lloyd’s of London syndicate manager Ascot Underwriting Holdings Ltd. to Canada Pension Plan Investment Board (CPPIB), the Wall...
Aug 23 2016 // American International Group, Inc. (AIG) has appointed Cindy Leggett-Flynn as senior vice president, chief communications officer.In this position, Leggett-Flynn will be responsible for AIG’s communications strategy...
Aug 22 2016 // U.S. Risk, Kohlberg & Co.Dallas-based international specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has agreed to partner with the private equity firm Kohlberg & Co....
Aug 17 2016 // Carl Icahn, who won representation to the board of American International Group Inc. after threatening a proxy battle, said he’s warming to the approach of the insurer’s chief executive officer.” Peter...
Aug 16 2016 // American International Group Inc. agreed to sell mortgage insurer United Guaranty Corp. to Arch Capital Group Ltd. as Chief Executive Officer Peter Hancock works to simplify his company and free up capital to return to...