Latest AIG Headlines

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

People Moves: Mosaic Launches London M&A Team, Hiring From Liberty Mutual, AIG; BHSI Promotes 2 in UK; Marsh’s Dubreuil to MGA Alta Signa in Brussels

Nov 23 2021 // This edition of International People Moves details appointments at Mosaic Insurance, Berkshire Hathaway Specialty Insurance and MGA Alta Signa Europe.A summary of these new hires follows here. Mosaic Launches London...

AIG Europe’s Chief Executive Expects Slowdown in Insurance Rate Rises

Nov 5 2021 // Insurance premium rates are likely to continue to climb in Europe, the Middle East and Africa in 2022, but probably at a slower clip, the chief executive of AIG Europe said at the Reuters Future of Insurance Europe...

AIG’s Strong Q3 ‘Validates Strategy,’ Says CEO Zaffino

Nov 5 2021 // American International Group’s General Insurance, or property/casualty business, saw double-digit premium growth and substantially higher net income in Q3 along with lower catastrophe losses.AIG produced $1.7 billion...

AIG Completes Sale of Stake in Life & Retirement Unit to Blackstone

Nov 2 2021 // American International Group and Blackstone said they have closed on the previously disclosed transaction for Blackstone to acquire a 9.9% equity stake in AIG’s Life & Retirement business and for Blackstone to...

AIG Announces Senior Leadership Changes; Readies for Life & Retirement Unit Spinoff

Oct 26 2021 // Insurer American International Group announced senior leadership changes that it says strengthen the organization to deliver on its main priorities including the separation of the Life & Retirement business.AIG...

People Moves: AIG CEO Zaffino Adds Chairman Role; C&F Names Sussman President of Credit; CRC’s Dadi Joins AXIS

Sep 8 2021 // AIG Zaffino Named Chairman as Duperreault to RetireAmerican International Group announced that Peter Zaffino, president and chief executive officer, will assume the additional role of chairman of the board of directors,...

People Moves: Former Hamilton Execs Glover, White to Mosaic; Alta Signa Hires AIG’s Lange as Snr. U/W; BHSI Names QBE’s Gállegos as Mgr. for Spain

Sep 2 2021 // This edition of International People Moves details appointments at Mosaic Insurance with London-based roles, MGA Alta Signa with a role in Germany, and Berkshire Hathaway Specialty Insurance in Spain.A summary of these new...

People Moves: Swiss Re Corporate Solutions Hires AIG’s Blattner-Hoyle to Lead Trade Finance; QBE Names AXA XL’s France as Head of Property, Europe

Aug 10 2021 // This edition of International People Moves covers appointments at two insurers: Swiss Re Corporate Solutions and QBE European Operations.A summary of these new hires follows here. Swiss Re Corporate Solutions Names...

Rate Hikes, Investments Help AIG Get Back to Profit in Q2

Aug 6 2021 // American International Group generated a modest profit in the second quarter, citing gains from higher net investment income, far fewer catastrophe losses and strong rate hikes in its property/casualty business.The...

People Moves: Hartford Names Burns to Lead Marketing/Comms; Beazley Promotes Beerli for Specialty Risks, U.S. Programs; Purtill Is CRO at AIG

Aug 3 2021 // Hartford Names Burns as Head of Marketing and Comms, Succeeding BromageThe Hartford has appointed Claire Burns chief marketing and communications officer, effective Sept. 1. Burns will report directly to Chairman and CEO...

AIG Employees to Return to Offices on Sept. 14 With Safety Measures

Jul 22 2021 // American International Group Inc., one of the largest U.S. insurers, has set Sept. 14 as its global return-to-office date, Chief Executive Officer Peter Zaffino told employees on Wednesday in a memo seen by Reuters.Zaffino...

AIG Plans Sale of Life Business to Blackstone and in IPO

Jul 14 2021 // American International Group Inc. plans to use an IPO to sell part of its life and retirement business, while Blackstone Group Inc. agreed to buy a sizeable stake, according to a person familiar with the matter.AIG and...

AIG Releases Its First Environmental, Social and Governance Report

Jul 1 2021 // The International Renewable Energy Agency says a surge in private lending for renewable energy projects this decade is a must in order to meeting global targets to limit the rise of temperatures worldwide.That’s...

People Moves; Platinum Specialty Adds Gilreath; AIG’s Connelly to IICF SE Board Chair

Jun 16 2021 // Platinum Specialty Underwriters, an XPT company, has added transportation expert Malcolm Gilreath as vice president of Underwriting. He is based in Platinum’s Plano, Texas office.Gilreath will lead the underwriting...

Major UK Asset Manager Divests from Insurer AIG over Climate Policies

Jun 15 2021 // Legal & General Investment Management will sell holdings in four companies including U.S insurer American International Group Inc. after deeming they’re making insufficient progress on addressing climate change...

People Moves: Safety National Signs O’Grady; MMC’s McMillan Joins AIG Investor Relations

Jun 9 2021 // O’Grady Joins Safety National’s Large Casualty UnitSafety National announced that Tim O’Grady joined the company as vice president for underwriting in the company’s large casualty division, which is...

People Moves: Hippo Adds Executives from Chubb, AIG, Tower Hill, Weston; Hub Names Rutt to Lead Cannabis

Jun 3 2021 // Hippo Names Executives Bienek, Primerano, Stienstra, DonahueHome insurer Hippo announced four executive appointments to its insurance team as it prepares to go public. Tim Bienek, Hippo’s chief insurance strategy...

People Moves: Hannover Re’s Bruns to Peak Re; AIG’s Nagra to BHSI; 4 Mosaic Hires

May 17 2021 // This wrap-up of international People Moves details recent appointments at Peak Reinsurance, Berkshire Hathaway Specialty Insurance and the new Bermuda-based insurer Mosaic.A summary of these new hires follows here. Peak...

AIG Reports Strong First Quarter

May 7 2021 // American International Group (AIG) reported strong underwriting and investment results in in its General Insurance and its Life and Retirement divisions, despite catastrophe losses from winter storms and Covid-19 mortality...

People Moves: AIG Names BlackRock’s Wade as Digital Chief; Great American Promotes DeSoto; AXIS Adds to Cyber; Cover Genius Adds Execs

Apr 5 2021 // American International Group announced that Claude E. Wade will join the company in the second quarter of 2021 in the newly created role, executive vice president, global head of Operations and Chief Digital Officer,...