Latest AIA Headlines
All the headlines from our AIA Topic Page, ordered by recency.
Insurers Moving Quickly in Response to Violent Midwest Weather
May 24 2011 // Auto, home and business insurers have launched a broad response to the recent tornadoes that caused severe loss of life and extensive property damage in Joplin, Mo., Reading, Kan., and Minneapolis, Minn., insurance...
UK Probes Banks over Prudential’s Failed AIA Bid Say Sources
Apr 21 2011 // Britain is probing investment banks over insurer Prudential Plc’s failed $35.5 billion bid for rival AIG’s Asian business, AIA, last year, two people familiar with the matter said. The probe, ordered by the...
Declarations
Apr 4 2011 // Moved Over a Line “This is going to be a capital event, as well as an earnings event. We’ve moved over a line now. Before we were exhausting the natural catastrophe budget. Now we are probably going to...
Missouri Bills Address Employee Liability in Workers’ Comp
Apr 1 2011 // Missouri legislators are considering two workers’ compensation bills to address whether an employee is liable when an employee is injured on the job SB 8 would restrict co-employee liability in workers’...
Insurer Group Says Amendments to Arkansas Bill Prevent Coverage Expansion
Mar 29 2011 // Amendments to insurance-related legislation in Arkansas will prevent unintended expansion of commercial liability insurance coverage in that state, according to an insurance company trade group. The American Insurance...
Calif.’s Sandin Joins P/C Trade Group AIA as State Affairs VP
Mar 25 2011 // Tracy Sandin has joined the property/casualty insurance trade group, the American Insurance Association, as its new vice president for state affairs and strategic planning. Sandin’s career includes experience in both...
Insurer Group Testifies in Support of Kansas Bill Banning ‘Crash’ Taxes
Mar 10 2011 // The American Insurance Association (AIA) announced it testified in favor of legislation in Kansas — House Bill 2119 — that would prohibit municipalities from adopting accident response fees or “crash...
Noah Joins Insurer Group AIA in Federal Affairs Post
Mar 8 2011 // The property/casualty insurance trade group, the American Insurance Association (AIA), announced that Adam Noah has joined as its new vice president for federal affairs. Most recently, Noah served in the office of Senator...
Chartis 4Q Loss Tied to Reserve Strengthening
Feb 25 2011 // American International Group Inc. reported net income of $11.2 billion for the quarter ended Dec. 31, 2010, and $7.8 billion for the full year 2010. Included in the 2010 fourth quarter results is a previously announced...
Berte To Run AIA Western Region
Jan 6 2011 // The American Insurance Association (AIA) has announced that Marjorie Berte has joined the association as its new vice president for the Western Region. Berte’s career includes experience in both the public and...
SPECIAL REUTERS REPORT: Inside AIG’s Tortuous Turnaround
Dec 22 2010 // During a rainstorm in Washington in early 2009, amid the furor over Wall Street’s post-bailout bonuses, an American International Group employee pulled out an umbrella that had the insurer’s name on...
AIA Group Loses 2nd Senior Executive in a Week
Nov 23 2010 // AIA Group Ltd, the recently spun off Asia life insurance arm of American International Group <AIG.N>, has lost another key executive with the resignation of its human resources head Margret Chiu, a spokeswoman told...
AIA Loses Key Exec. After IPO
Nov 17 2010 // The AIA Group has lost a key official less than three weeks after its parent American International Group raised $20.5 billion in an initial public offering (IPO) of the unit. Chris Wei, AIA’s chief marketing...
Treasury Says Taxpayers to Profit from AIG Bailout
Nov 2 2010 // Insurer American International Group will get up to $22 billion more in U.S. taxpayer funds in a restructuring that will pay off the Federal Reserve in full and allow taxpayers to begin profiting from the firm’s...
AIA Shares Surge 17% on Trading Debut in Hong Kong
Oct 29 2010 // AIA Group Ltd surged 17 percent in its Hong Kong debut on Friday as investors, chasing exposure to Asia’s fast-growing life insurance business, piled into the record offering in the world’s hottest IPO...
Forecast AIA Shares Set to Rise by 11% on Debut after Record IPO
Oct 27 2010 // AIA Group Ltd is expected to post a double-digit gain in its trading debut on Friday as investors scramble for a slice of one of Asia’s most recognized life insurance brands after its record Hong Kong...
AIG Raises $17.9 Billion; Prices AIA IPO at Top of Range
Oct 22 2010 // AIA, the Asian life insurance arm of AIG, raised $17.9 billion by pricing its Hong Kong IPO at the top of its range, as investors piled into a company with a wide footprint across rapidly growing Asia. The pricing of the...
Sources Say Demand Hints AIA IPO Pricing Near Top End
Oct 21 2010 // American International Group Inc is expected to price its up to $20.5 billion AIA Group IPO near the top end of the indicative range, sources with direct knowledge of the matter told Reuters on Thursday. The IPO generated...
Insurers Urge State Regulators to Focus on Streamlining Regulation
Oct 18 2010 // The American Insurance Association (AIA) wants state regulators to emphasize regulatory “effectiveness and efficiency” at the National Association of Insurance Commissioners’ (NAIC) fall meeting in...
Poll Shows AIA IPO Price Seen Above Mid-point; Will Raise $19.8 Bn
Oct 14 2010 // The IPO of American International Group Inc’s Asian life insurance unit is set to command a valuation above the mid-point of an indicative range as attractive valuations draw in investors to the world’s...
