All the headlines from our AIG Topic Page, ordered by recency.
Mar 25 2013 // Insurance Journal examined industries experiencing changes and expansions during the past year. Here are the top 10 market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty...
Mar 25 2013 // From 1967 until March 2005, Maurice “Hank” Greenberg, now chairman and CEO of Starr Cos., helped build American International Group (AIG) into the world’s largest insurer with a market value of $180...
Mar 15 2013 // American International Group Inc. has named Don Cummings as vice president and controller. He will assume responsibilities for the global controller unit, reporting to Jeffrey Farber, AIG deputy chief financial officer....
Mar 12 2013 // Maurice “Hank” Greenberg, the former American International Group Inc. chief executive, has more than doubled the size of his class action lawsuit against the United States over the insurer’s bailout to...
Mar 12 2013 // Two groups of American International Group Inc. shareholders won class-action status from a federal judge on Monday in a $25 billion lawsuit by former Chief Executive Maurice “Hank” Greenberg over alleged...
Mar 11 2013 // Chinese state-owned People’s Insurance Company of China Group (PICC), one of the country’s largest insurers, could complete an A-share listing in Shanghai in the second half of this year, the firm’s...
Mar 11 2013 // Insurer American International Group Inc. eliminated the U.S. government’s last financial interest in the company on March 1, buying back warrants from the U.S. Treasury for about $25 million. The government rescued...
Mar 1 2013 // Insurer American International Group Inc. eliminated the U.S. government’s last financial interest in the company on Friday, buying back warrants from the U.S. Treasury for about $25 million.The government rescued...
Feb 28 2013 // The American International Group (AIG) insurers have expanded their NextGen Protection suite of products with the release of PLL Transportation and Logistics Protect. PLL Transportation and Logistics Protect is...
Feb 25 2013 // Difficult to access and usually within confined spaces, yacht fires can grow into big losses quickly, posing challenges to both firefighters and insurers.Severity, a concern for high-end watercraft insurers led to the...
Feb 21 2013 // Insurer American International Group Inc. reported fourth-quarter results that beat Wall Street expectations, although Chief Executive Robert Benmosche said some employee bonuses will be smaller this year because the...
Feb 18 2013 // American International Group announced that it has reached an agreement with Aurec Gold Investments Limited to acquire Aurec’s 49.99 percent interest in AIG Israel Insurance Company Ltd.AIG currently owns 50.01...
Feb 11 2013 // Illinois Department of Insurance (DOI) Director Andrew Boron has announced that more than $10.3 million in market conduct fines was collected from insurance companies by the department in calendar year 2012.This amount...
Feb 8 2013 // A survey of perceptions about cyber risk sponsored by the American International Group Inc. (AIG) found that among corporate executives, more are concerned about cyber threats than about other major business risks.More...
Feb 6 2013 // American International Group announced that Joseph J. Trotti has joined the company as President and CEO of its Aerospace division, part of AIG’s Global Specialty business.He takes over responsibility for all aspects...
Jan 28 2013 // The U.S. Treasury Department in 2012 failed to curb executive pay at companies rescued with taxpayer funds, the second straight year that it did not live up to its own rules, an internal watchdog said on Monday.The...
Jan 28 2013 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” of New York-based American International Group, Inc. (AIG), as well as the financial strength rating (FSR) of ‘A’ (Excellent) and...
Jan 28 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” of UK-based AIG Europe Limited (AEL), formerly Chartis...
Jan 28 2013 // AIG Will Not Sue Gov’t“AIG will NOT move forward with Starr lawsuit against government or NY Fed, continues to thank America for support.” —A Jan. 9 tweet sent from AIG’s official Twitter account....
Jan 14 2013 // Florida regulators are looking to return to residents some $25 million in unclaimed property that has been returned to the state as part of a settlement agreement with American International Group over life insurance...