All the headlines from our AIG Topic Page, ordered by recency.
Jun 15 2023 // This edition of International People Moves details appointments at Howden Broking, Aon and Everest Re.A summary of these new hires follows here. Howden Hires 3 for Casualty Team in London, BermudaHowden, the international...
May 23 2023 // American International Group (AIG) said late Monday it has entered into an agreement to sell Validus Re to RenaissanceRe Holdings for about $3 billion, mostly cash.The deal, expected to close during the fourth quarter,...
May 22 2023 // John Kuhn is now senior vice president, management liability and head of large public at Ascot.Ascot said Kuhn will lead the development and execution of Ascot’s large public D&O strategy, with a focus on...
May 5 2023 // American International Group said first quarter 2023 underwriting income in its general insurance segment was $502 million, “representing the strongest first quarter underwriting results AIG has achieved,” said...
May 3 2023 // American Financial Group Inc. and American International Group announced they have entered into a definitive agreement whereby AFG will purchase Crop Risk Services (CRS) from AIG.Under the terms of the transaction, AFG...
Apr 27 2023 // American International Group said it has finalized an agreement with private equity firm Stone Point Capital to form Private Client Select (PCS) Insurance Services.PCS will be an independent managing general agent serving...
Apr 20 2023 // Russia’s second-largest oil producer Lukoil has bought into insurance company GARDIA, a former subsidiary of AIG, one of the world’s biggest commercial insurers, GARDIA said earlier this week.(Editor’s...
Apr 13 2023 // This edition of International People Moves details appointments at AIG Asia Pacific and Gallagher Re.A summary of these new hires follows here. AIG Appoints BHSI’s Colahan as Regional President, AIG Asia...
Mar 22 2023 // InsurTech Joyn Insurance announced the addition of industry veteran Brian Duperreault to its board as an independent director.Duperreault previously served as executive chairman for AIG’s Board of Directors and as...
Mar 6 2023 // This edition of International People Moves details appointments at Aon and Tokio Marine Kiln.A summary of these new hires follows here. Aon Names Mgoqi as CEO for South AfricaAon plc, a leading global professional services...
Feb 16 2023 // Fourth quarter 2022 net income attributable to American International Group common shareholders fell to $264 million from about $3.7 billion the year prior, but the insurer’s general insurance business ended the year...
Feb 14 2023 // Following through on intentions to move its high net worth business to nonadmitted paper—and some to other capital providers—American International Group entered into a binding memorandum of understanding with Stone...
Jan 31 2023 // AIG late Monday terminated interim Chief Financial Officer Mark Lyons after he “violated his confidentiality/non-disclosure obligations,” the company said.Lyons was just appointed interim CFO earlier this month...
Jan 11 2023 // American International Group (AIG) said Shane Fitzsimons, executive vice president and chief financial officer, is taking a temporary medical leave of absence, effective immediately. Mark Lyons will serve as AIG’s...
Jan 6 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, Chubb Global Markets and the insurtech bolttech.A summary of these new hires follows here. BHSI Promotes 3 Senior...
Jan 4 2023 // American International Group (AIG) named Don Bailey as global head of distribution and field operations. He joins AIG from Bristlecone Partners, a growth and human capital consultancy firm, where he had been a partner...
Dec 2 2022 // This edition of International People Moves details appointments atA summary of these new hires follows here. Aon’s Mason to Expand Leadership Role in UKInsurance broker Aon plc announced that Michelle Mason is to...
Nov 2 2022 // Third quarter net income attributable to American International Group (AIG) shareholders increased about $1 billion compared with the same time period a year ago, even with catastrophe and investment losses.Q3 net income...
Oct 28 2022 // Aircraft leasing firm Dubai Aerospace Enterprise (DAE) has filed a London lawsuit against 11 insurers, including Lloyd’s of London, AIG, Chubb and Swiss Re, two months after it wrote off almost $600 million for 19...
Sep 20 2022 // Shares of Corebridge Financial Inc opened 2 percent below the IPO price in their New York Stock Exchange debut on Thursday, giving the company a valuation of $13.2 billion, dimming hopes of a revival in U.S. listings as...