Latest AIG Headlines

All the headlines from our AIG Topic Page, ordered by recency.

AIG Open to New ILFC Offer or IPO as China Group Deadline Extended

Jun 17 2013 // American International Group Inc. said it is open to new offers for its plane-leasing business and may pursue a public offering of the unit after a group of Chinese investors missed another deadline to buy the...

People – East

Jun 17 2013 // New Hampshire’s Executive Council has unanimously confirmed the reappointment of Roger Sevigny to another five-year term as the state’s insurance commissioner.New Hampshire Gov. Maggie Hassan nominated Sevigny...

Berkshire Hathaway’s Eastwood Hiring Specialty Team to Vie with Ex-Employer AIG

Jun 13 2013 // Peter Eastwood, who left American International Group Inc. with three other executives in April to start a new insurer at Warren Buffett’s Berkshire Hathaway Inc., said he’s finding it easy to attract...

AIG Names Doyle, Sankaran to Executive Group

Jun 11 2013 // American International Group Inc. added John Doyle and Sid Sankaran to the insurer’s executive group as Chief Executive Office Robert Benmosche narrows the company’s focus after repaying a U.S. bailout.Doyle is...

AIG, General Motors to Be Added to S&P 100

Jun 5 2013 // S&P Dow Jones Indices says it will soon add two well-known U.S. companies to the S&P 100. Automaker General Motors Co. will replace H. J. Heinz Co. in the S&P 100 and 500 indices on Thursday. The ketchup...

AIG Receives Delayed Deposit on ILFC Sale

Jun 5 2013 // Insurer American International Group Inc. has received a delayed deposit payment from the Chinese consortium buying its ILFC airplane leasing business, AIG said in a regulatory filing on Wednesday.Last week AIG said it had...

AIG CEO Comments on ILFC Sale, ‘Systemically Important’ Classification

Jun 5 2013 // American International Group Inc. Chief Executive Officer Robert Benmosche raised doubt about whether the company will complete a sale of its plane-leasing unit to a Chinese investor group by a deadline this...

Council Proposes AIG, Prudential, GE Capital as Systemically Important, Due Extra Scrutiny

Jun 4 2013 // U.S. regulators on Monday proposed designating American International Group Inc., Prudential Financial Inc. and GE Capital for heightened regulatory oversight, in a long-anticipated move aimed at cracking down on risks to...

AIG Sues Ex-U.Va. Lax Player Over Claim

Jun 3 2013 // A former University of Virginia lacrosse player convicted of killing his ex-girlfriend was sued by American International Group over his refusal to answer questions from insurance investigators. In a May 20 court filing,...

China Group Missing Deposit Date Could Ground AIG’s Plane-Lease Sale

May 31 2013 // A Chinese group’s purchase of ILFC, one of the world’s largest airplane leasing businesses, could collapse after insurer American International Group Inc. said on Friday it did not receive a scheduled deposit...

AIG Ends a Bailout-Related Lawsuit Against N.Y. Federal Reserve

May 30 2013 // American International Group Inc. has agreed to end litigation against the Federal Reserve Bank of New York over whether the insurer retained the right after its 2008 taxpayer-funded bailout to sue over losses on...

N.Y.-Based Navigators Management Taps AIG Exec as New Chief Claims Officer

May 30 2013 // Rye Brook, N.Y.-based specialty insurer The Navigators Group appointed Glen Bronstein as chief claims officer of Navigators Management Company, the Group’s principal U.S. underwriting agency subsidiary. Prior to...

AIG in Joint Deal to Sell Life Insurance in China

May 29 2013 // American International Group Inc. reached a deal with People’s Insurance Company Group of China Ltd. for a joint venture to sell life insurance in China.AIG will contribute 24.9 million yuan ($4.1 million) and...

Greenberg Should Face Trial as ‘Deterrent,’ Says New York State

May 29 2013 // Hank Greenberg should still face trial over sham transactions he is accused of orchestrating while he was head of American International Group, even though New York has dropped most of its claims against him, a lawyer for...

Greenberg Seeks Dismissal of Spitzer Reinsurance Lawsuit

May 28 2013 // New York’s highest court will hear arguments on Tuesday on whether to dismiss a lawsuit accusing Hank Greenberg of orchestrating sham transactions when he was head of insurance company American International Group...

AIG Sues Ex-U.Va. Lax Player Over Insurance Claim

May 22 2013 // A former University of Virginia lacrosse player convicted of killing his ex-girlfriend is being sued by American International Group Inc. over his refusal to answer questions from insurance investigators. In a court filing...

People – East

May 20 2013 // American International Group (AIG) recently announced a number of senior appointments to replace four key commercial lines executives who bolted for Berkshire Hathaway’s insurance operations.Berkshire is reportedly...

People – South Central

May 20 2013 // American International Group Inc. (AIG) has named Jeremy Johnson as president and chief executive officer of its excess and surplus (E&S) lines unit, Lexington Insurance Co. in Boston.Johnson replaces David Bresnahan,...

People – Southeast

May 20 2013 // American International Group Inc. (AIG) named Jeremy Johnson as president and chief executive officer of its excess and surplus lines unit, Lexington Insurance Co. in Boston. Johnson replaces David Bresnahan, who left with...

ProspX Names Former AIG Executive Gold as CEO

May 15 2013 // Austin, Texas-based ProspX Inc. named Steve Gold as president and chief executive officer, bringing to the company more than 27 years of executive management experience in commercial insurance.Co-founder and former...