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#1 AIG General Insurance Underwriting Profit Falls 28% in Q3

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...

#2 AIG CEO Zaffino on Approach to Catastrophe Losses in Today’s Reinsurance Market

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...

#3 People Moves: Schaper Is Now Permanent AIG CRO; NFP Appoints Boester Head of Sports and Entertainment Group; Galvin and Fujikawa Join Alliant’s Employee Benefits

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...