All the headlines from our AIG Topic Page, ordered by recency.
Oct 19 2020 // Reinsurer AXIS Re announced the promotion of Dan Osterrieder to head of Casualty North America. Osterrieder will be responsible for general liability, auto, umbrella and excess, workers’ compensation, professional...
Oct 13 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced that Louise Kidd has joined its growing European team as head of Third Party Lines in Ireland.Kidd comes to BHSI with nearly two decades of industry experience with a...
Sep 28 2020 // American International Group Inc. has lost four senior Black managers in recent weeks, including two who were tasked with improving the diversity of the insurer’s ranks.Global inclusion head Vievette Henry and Walter...
Sep 22 2020 // Berkshire Hathaway Specialty Insurance (BHSI) is entering the executive and professional insurance lines market in France and has appointed Olivier Hamon as head of Financial Institutions and Management Liabilities and...
Sep 14 2020 // Lloyd’s of London has appointed Uwe Schoberth as U.S. market development director, a new role focused on expanding its strategic relationships with retail, wholesale and reinsurance brokers in its largest market. In...
Sep 11 2020 // American International Group announced that Chris Rash has been appointed chief executive officer of Talbot Underwriting, which operates within the Lloyd’s Insurance Market through Syndicate 1183.Rash has also been...
Aug 24 2020 // As a self-taught app developer, when Hayden Kopser sees a problem, he seeks to build a solution.So, when he observed during his time working at AIG that some brokerages weren’t adequately servicing high net worth...
Aug 13 2020 // American International Group announced that David McElroy, currently president and chief executive officer of the North American operations of General Insurance, has been promoted to chief executive officer, General...
Aug 6 2020 // AIG President and Chief Operating Officer Peter Zaffino said that the insurer has seen accelerated rate improvements and other gains as clients react to the ongoing COVID-19 pandemic.“We believe that COVID has...
Aug 5 2020 // Insurer American International Group Inc. racked up $730 million in COVID-19-related losses during the first half of the year, its chief executive officer said on Tuesday.The pandemic is a “formidable and ongoing...
Aug 4 2020 // Insurer American International Group Inc. on Monday posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe losses and lower private-equity returns.Adjusted after-tax income attributable to...
Jul 22 2020 // American International Group is moving its global headquarters in 2021 as part of a continued push to modernize its operations, the company disclosed on July 21.The property/casualty insurance giant will still maintain a...
Jul 8 2020 // Circus Circus Hotel and Casino has filed a lawsuit against AIG Specialty Insurance Co. alleging that AIG wrongfully denied coverage for the company’s losses resulting from the COVID-19 pandemic.The lawsuit was filed...
Jun 30 2020 // American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage Insurance Holdings to offer AIG Private Client Group’s (PCG) agents the...
Jun 5 2020 // American International Group Inc.’s Peter Zaffino drew a clear line ahead of his jump to the insurer almost three years ago.“I didn’t want any advice,” Zaffino, AIG’s president, said in a rare...
Jun 3 2020 // Global investment firm The Carlyle Group and T&D Holdings announced have completed their acquisition of a 76.6% interest in Fortitude Group Holdings, whose group companies include Fortitude Re, from insurer American...
Jun 2 2020 // Lloyd’s announced the appointment of Marc Lipman as president, Lloyd’s Canada, and attorney-in-fact (AIF) for Lloyd’s Underwriters.Lipman assumes the role of AIF from Lisa Duval, who took the position...
May 15 2020 // Shareholders of American International Group Inc. strengthened their support for the U.S. insurance company’s executive compensation plan after the board made changes to its pay packages, according to vote totals AIG...
May 13 2020 // Everest Insurance announced the appointment of Sujal Patel as the UK Head of Transactional Risk for Everest Global Markets, which includes Everest Insurance Ireland, dac. and Lloyd’s Syndicate 2786.Patel brings more...
May 12 2020 // American International Group Inc. faces a crucial test on Wednesday, when shareholders are to vote on whether the board of directors has adequately addressed their concerns about executive pay.Investors offered relatively...