Headlines from our AIG Topic Page with the most time spent reading.
Jun 3 2024 // AIG is “a different company” today than it was when CEO Peter Zaffino joined the company in 2017, but like the old AIG, the new one is poised to grow again, he said.The former executive of Marsh, who recalled...
Apr 3 2024 // American International Group and a group of its excess and surplus lines subsidiaries have filed suit against Dellwood Insurance Group and three former AIG executives who launched the nationwide E&S lines insurance...
Apr 15 2024 // American International Group and a group of its excess and surplus lines subsidiaries have filed suit against Dellwood Insurance Group and three former AIG executives who launched the nationwide E&S lines insurance...
Jul 16 2024 // American International Group and a group of its companies have filed a new, amended complaint against Dellwood Insurance Group, started earlier this year by a group of former AIG executives.The lawsuit filed July 10 in...
Nov 6 2024 // American International Group CEO Peter Zaffino said he expects the reinsurance market’s attachment points to remain on top of losses generated by the frequency and severity of natural catastrophes.Losses will instead...
Oct 2 2024 // The legal squabble between American International Group (AIG) and a startup-up formed by some former employees continued this week with another filing from Dellwood Insurance Group in support of its motion to dismiss...
Sep 12 2024 // In its latest court filing to keep alive a lawsuit against start-up Dellwood Insurance, American International Group said its new competitor failed to explain why the suit cannot go on.AIG argued in a brief filed yesterday...
May 31 2024 // American International Group and a group of its excess and surplus lines subsidiaries have dropped claims against three former AIG executives who launched Dellwood Insurance Group but its claims against the E&S lines...
Oct 7 2024 // Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, has appointed Tine Simonsen as the company’s head of Insurance for Continental Europe. As an experienced cyber underwriter and...
Jun 27 2024 // Dellwood Insurance Group has filed to dismiss a lawsuit against it by American International Group, who is using the court system “as a cudgel to crush a fledgling startup,” the new surplus insurer...
Dec 1 2023 // Markel, the insurance operations within Markel Group Inc., said Bob Cox, president and chief operating officer, Global Insurance Operations, will be leaving his role December 31, after five years .“Bob joined us five...
Aug 1 2024 // The formal split of its life and retirement business Corebridge Financial resulted in a second quarter net loss of nearly $4 billion for American International Group (AIG).The deconsolidation and divestitures from last...
Nov 13 2024 // American International Group said Christopher Schaper has been appointed chief risk officer of AIG.Schaper has held the role of chief risk officer on an interim basis since September, while also serving as AIG’s...
Jun 13 2024 // An analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market has slowed since a peak growth rate of 32.3% recorded in 2021.In 2023, growth remained...
Nov 5 2024 // American International Group saw third quarter underwriting income in its general insurance segment fall 28% to $437 million due to higher catastrophe losses and lower favorable development on prior year reserves.The...
Mar 8 2024 // Two former executives with American International Group (AIG) have launched a nationwide excess and surplus lines (E&S) insurance holding company.Michael Price and Kean Driscoll announced the formation of Dellwood...
Dec 4 2023 // Ryan Specialty appointed Thomas Nash as president of CorRisk Solutions, the wholesale distribution professional liability managing general underwriter, a part of Ryan Specialty Underwriting Managers. CorRisk is...
Oct 11 2024 // Zurich N.A. Hires AIG’s Hattauer to Head Financial LinesZurich North America hired Nora Hattauer as head of financial lines for Zurich’s U.S. national accounts and middle market businesses. Hattauer officially...
Feb 14 2024 // American International Group (AIG) during the fourth quarter 2023 recorded underwriting income of $642 million within its General Insurance segment — a slight increase from $635 million during the same quarter the prior...
Jan 3 2024 // U.S. insurer AIG was the lead insurer on a $130 million “all-risks” policy for the Japan Airlines airplane which collided with another plane at Tokyo’s Haneda airport, two insurance industry sources said...