Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
AIG General Insurance Chairman McElroy to Retire May 1
Apr 22 2024 // American International Group (AIG) today announced a top executive will retire in less than two weeks. David McElroy will retire from AIG on May 1. “Mr. McElroy has agreed with AIG to accelerate his retirement date...
People Moves: AEGIS London Hires AIG’s Johnson and Lambert for New Cyber Underwriting Team; Markel Promotes Gordge to Head of Terrorism in London
Apr 19 2024 // This edition of International People Moves details appointments at Lloyd’s syndicate AEGIS London and Markel, the insurance operations within Markel Group. A summary of these new hires follows here. AEGIS London...
AIG Sues Newly Launched Dellwood Insurance and Its Founders
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...
People Moves: HSB Canada Appoints Bellissimo as President and CEO; Canopius Taps Lee From AIG as CEO, Asia-Pacific & MENA
Apr 4 2024 // This edition of International People Moves details appointments at HSB Canada and Canopius Group. A summary of these new hires follows here. HSB Canada announced the appointment of Barbara Bellissimo as president and chief...
AIG Sues Newly Launched Dellwood Insurance and Its Founders
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...
Former AIG Execs Launch E&S Company Dellwood Group for Small/Middle Sized Risks
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...
AIG General Insurance Q4 Income Up 19% on Underwriting, Investments
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...
People Moves: Inglis Elected to AIG’s Board of Directors; DUAL North America Names Sherry Head of Transactional Risk
Feb 9 2024 // Inglis Elected to AIG’s Board of Directors The board of directors at American International Group, Inc., headquartered in New York, elected John (Chris) Inglis as an independent Director, effective March 1. Inglis is...
People Moves: Coalition Nabs AIG’s Jones as Head of Global Claims
Jan 25 2024 // Robert Jones has joined Coalition as the head of global claims. He will step into the role Feb. 5. Jones previously spent 32 years at AIG where he most recently served as the executive vice president of financial lines,...
People Moves: Gallagher Taps AIG’s Loesti as Chief Commercial Officer of European Broking; QBE Re Promotes 3 Global Product Heads in New York, London
Jan 5 2024 // Gallagher Taps AIG’s Loesti as Chief Commercial Officer, European Broking Nepomuk (Nepo) Loesti has joined Gallagher as chief commercial officer of its European broking operations. The newly created role will support...
Insurer AIG Leads Policy for Japan Airlines Plane Involved in Runway Collision: Sources
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...
People Moves: Aon Promotes Clarke as Head of Renewables, Global Broking Centre & UK; Markel Hires AIG’s Meek to Lead Cyber Portfolio in Middle East, North Africa
Dec 5 2023 // This edition of International People Moves details appointments at Aon and Markel. A summary of these new hires follows here. Aon Promotes Clarke to Head of Renewables, Global Broking Centre & UK Insurance broker Aon...
People Moves: Ryan Specialty Appoints Nash President of CorRisk Solutions; Dunne Joins AIG Board of Directors
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...
People Moves: Markel Says President, COO Cox to Leave Company; Siry Joins Cover Whale as COO and CTO; Glazer Named AIG General Counsel
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...
People Moves: Hagerty to Head US Retail Property at Everest Insurance; AIG Hires Navagamuwa as Chief Information Officer
Nov 20 2023 // Roshan Navagamuwa joins American International Group, Inc. (AIG) in December as executive vice president and chief information officer, effective January 1, 2024. AIG is headquartered in New York, N.Y. Navagamuwa joins AIG...
People Moves: Marsh Promotes Donnelly to Global Head of Placement; Markel Names AIG’s Conyard as Digital & Portfolio Exec in Distribution Team
Nov 6 2023 // This edition of International People Moves details appointments at Marsh and Markel. A summary of these new hires follows here. Marsh Promotes Donnelly to Global Head of Placement John Donnelly Insurance broker Marsh...
AIG Continues to Take Cautious Approach to Excess D&O in North America
Nov 3 2023 // Though American International Group (AIG) saw a turnaround in underwriting income in the third quarter, driven largely by business in North America, the company’s chief executive said financial lines offset...
AIG General Insurance Income Up 82.7% in Q3 on North America Gains
Nov 2 2023 // American International Group (AIG) during the third quarter recorded a 264% increase in underwriting income within its General Insurance segment to $611 million as adjusted pretax income in the segment increased to about...
RenRe Completes $3.3 Billion Acquisition of Validus Re From AIG
Nov 1 2023 // RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Validus Re, the treaty reinsurance business of American International Group. AIG received total consideration of $3.3 billion in cash, including a...
People Moves: Sompo Int’l Taps Generali’s Conde-Salazar for Distribution & Client Relationships, AIG’s Marcén to Lead Professional Lines in Iberia
Oct 23 2023 // Sompo Int’l Taps Generali’s Conde-Salazar for Distribution & Client Relationships, AIG’s Marcén for Professional Lines in Iberia Jose Maria Conde Salazar Sompo International announced two...
