All the headlines from our AIG Topic Page, ordered by recency.
Aug 19 2014 // IFG Cos. has hired Steven M. Mills as managing director in its Submit unit. Mills will be based in IFG’s Atlanta office. In this capacity, Mills will be a member of the IFG’s Submit leadership team that...
Aug 17 2014 // Insurer American International Group is ramping up its lobbying team in Washington, almost six years after it halted such efforts following its rescue by the U.S. government during the financial crisis.Many large companies...
Aug 14 2014 // Berkshire Hathaway has hired two senior executives from American International Group’s Asia operations to boost its insurance business in the region, the Wall Street Journal reported citing people familiar with the...
Aug 14 2014 // American International Group Inc. has waited 13 years in India to raise its stake in a local venture from a maximum allowed 26 percent. That wait is about to get longer.Opposition lawmakers, during the current session of...
Aug 4 2014 // Insurer American International Group Inc. reported a better-than-expected 12.5 percent rise in quarterly profit, helped by strong performance across its major businesses and the sale of its former aircraft leasing unit.AIG...
Aug 1 2014 // The top U.S. regulatory panel tasked with policing the safety of the financial system said on Thursday it is launching a review of potential risks in the asset management industry.But the Financial Stability Oversight...
Jul 30 2014 // Maurice “Hank” Greenberg, the former chairman of American International Group Inc., will go on trial in January after more than nine years of legal jousting over former New York Attorney General Eliot...
Jul 24 2014 // American International Group Inc. is the lead insurer of the TransAsia Airways Corp. passenger plane that crashed near Taiwan’s Magong airport, according to Aon Plc, a broker that tracks the market for aviation...
Jul 23 2014 // A U.S. council of regulators is poised to label MetLife Inc. a potential threat to the financial system, subjecting the insurer to oversight by the Federal Reserve, two people with knowledge of the matter said.A decision...
Jul 21 2014 // American International Group Inc. Chairman Steve Miller said lawmakers should bring U.S. corporate tax rates in line with other nations’ to halt firms from switching their legal address to cut obligations.The U.S....
Jul 16 2014 // Bank of America agreed to pay American International Group Inc. $650 million to settle long-running legal disputes over defective mortgage-backed securities sold in the run-up to the financial crisis.The deal, which the...
Jul 15 2014 // American International Group Inc.’s Peter Hancock will get a compensation package of $11.8 million a year as the insurer’s new chief executive officer.The short-term incentive will be $3.2 million of cash and...
Jul 7 2014 // American International Group (AIG) has named Peter D. Hancock as president and chief executive officer, effective Sept. 1. Hancock, who currently serves as executive vice president, AIG, and chief executive officer of AIG...
Jul 3 2014 // American International Group Inc. and Prudential Financial Inc. told regulators they could divest units and halt policy sales to avoid taking a bailout in a future crisis.AIG, the insurer that repaid a U.S. rescue in 2012,...
Jun 30 2014 // The U.S. Supreme Court on Monday rejected an appeal by former American International Group Inc. Chief Executive Maurice “Hank” Greenberg, who accused the Federal Reserve Bank of New York of unlawfully bailing...
Jun 27 2014 // American International Group, Inc. (AIG) insurers have introduced a new policy endorsement that ensures primary directors and officers (D&O) policy funds are immediately available to clients named as defendants in...
Jun 26 2014 // A defamation lawsuit by former American International Group Inc. Chief Executive Officer Maurice Greenberg against Eliot Spitzer may move toward trial, a state judge ruled after throwing out many of the claims against the...
Jun 18 2014 // The American International Group, Inc. (AIG) insurers have launched a new line of multinational commercial property products and services, including expanded coverage, loss prevention engineering, and risk management...
Jun 16 2014 // Kelly M. Marino has been named to the new position of vice president of corporate accounts at Ironshore Inc., where she will focus on the company’s relationships with Forbes Global 2000 companies. She will be...
Jun 15 2014 // XL Group has appointed Kelly Lyles to lead its global unit that sells professional liability insurance for directors and officers, financial institutions, architects, engineers and other businesses and service...