Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
AIG to Pay Neal $2.7 Million to Cover Previous Firm’s Bonus
Nov 24 2025 // American International Group Inc. will hand a multimillion-dollar payout to insurance executive John Neal, even as the executive’s employment ended before he joined the firm. The insurer will pay Neal $2.7 million to...
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance
Nov 21 2025 // American International Group Inc.’s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what caused the veteran executive...
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG
Nov 19 2025 // Lloyd’s of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he’s no longer joining due to...
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B
Nov 17 2025 // American International Group announced it has a definite agreement to acquire the renewal rights of Everest Group’s retail commercial insurance business. Everest will focus on its reinsurance, global wholesale, and...
AIG General Insurance Underwriting Income Up 81% in Q3
Nov 17 2025 // Third-quarter 2025 underwriting income in American International Group’s (AIG) General Insurance segment increased 81% compared with last year, to $793 million. The unit–North America commercial, international...
Former Lloyd’s CEO Neal Will Not Join AIG; Hancock to Be General Insurance CEO
Nov 14 2025 // John Neal’s tenure at American International Group (AIG) is over before it began. The former CEO of Lloyd’s of London and AIG reached a “mutual agreement” that he would not join the company due to...
Onex CEO Sees Potential for More Insurance Deals After AIG Win
Nov 10 2025 // Onex Corp.’s top executive says the alternative asset manager is open to making further large bets on insurance companies following its move to team up with American International Group Inc. on a major...
AIG General Insurance Underwriting Income Up 81% in Q3
Nov 5 2025 // Third quarter 2025 underwriting income in American International Group’s (AIG) General Insurance segment increased 81% compared with last year, to $793 million. The unit—North America commercial, International...
People Moves: Westfield Specialty Int’l Taps Former AIG Exec Baldwin as President; Vantage Promotes Senior Leaders in Reinsurance, Partnership Capital Platform
Nov 4 2025 // This edition of International People Moves details appointments at Westfield Specialty International and Vantage Group Holdings. A summary of these new hires follows here. Westfield Specialty Int’l Names Former AIG...
AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex Group
Oct 30 2025 // Convex Group Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new, long-term ownership structure led by private equity firm Onex Corp., with American International Group becoming a minority equity...
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B
Oct 27 2025 // American International Group today said it has a definite agreement to acquire the renewal rights of Everest Group’s retail commercial insurance business. Everest will focus on its reinsurance, global wholesale and...
AIG Promotes 3 to Lead North America Commercial as Bailey Retires
Oct 6 2025 // American International Group (AIG) on Friday said its head of commercial insurance in North America, Don Bailey, is retiring at the end of the year to focus on his health. The insurer said three AIG employees have been...
People Moves: Allianz Commercial Appoints Stewart as North American Head of Liability; Rokstone Hires 2 From AIG to Inland Marine Division
Sep 4 2025 // Mary Ann Stewart Allianz Commercial, with U.S. headquarters in New York City, named Mary Ann Stewart as regional head of liability, North America, effective September 22. Based in Chicago, Stewart will be responsible for...
People Moves: AIG Appoints HP’s Hallworth Chief Digital Officer; FM Names Long CIO
Aug 25 2025 // Scott Hallworth American International Group Inc., headquartered in New York City, named Scott Hallworth as chief digital officer, effective September 1. Hallworth will be responsible for leading AIG’s digital, data...
People Moves: Markel Canada Taps Berkeley’s Paris as VP, Product Line Leader – Primary Casualty; Hiscox Taps AIG’s Bud as Group Head of Technical Claims
Aug 20 2025 // This edition of International People Moves details appointments at Markel Canada and Hiscox. A summary of these new hires follows here. Markel Canada Taps Berkeley’s Paris as VP, Product Line Leader – Primary...
AIG CEO Zaffino Highlights Integration of GenAI to Create Digital Twin of Business
Aug 12 2025 // Are two AIGs better than one? In outlining the work at American International Group (AIG) to integrate generative artificial intelligence, CEO Peter Zaffino said AIG’s intent is to “create a digital twin of our...
AIG General Insurance Underwriting Income Up 46% in Q2
Aug 7 2025 // Second quarter underwriting income in AIG’s General Insurance segment increased 46% compared with last year, to $626 million. The unit—North America commercial, International commercial, and global...
Delay in Upping Its Claims Offer Could Cost AIG, Federal Appeals Court Says
Aug 6 2025 // AIG could pay dearly for refusing to budge on a claim settlement offer of $2.65 million for nearly a year after receiving estimates that a jury would likely award the claimant $7.5 million for her injuries. A jury did...
US Excess & Surplus Lines Growth Slowed Again in 2024; Berkshire, AIG Top Premium Rankings
Jul 21 2025 // A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4% in 2024, down from 14.5% a year earlier. While growth stayed up in double...
Former AIG Exec McElroy Faces Sexual Assault Charges in Vermont
Jul 18 2025 // American International Group (AIG) on July 16 made a splash with the announcement that it had hired former Lloyd’s CEO John Neal to be the new leader of General Insurance, the company’s property/casualty...
