Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
Grasso Subpoenaed in AIG Share Probe
Mar 15 2004 // Former New York Stock Exchange Chairman Dick Grasso has reportedly been issued with a subpoena by the Securities and Exchange Commission, which is looking into charges that he may have participated in efforts to shore up...
AIG Higher Education Risk Solutions Unveiled to Meet College and University Risks
Mar 4 2004 // American International Group Inc. (AIG), announced the formation of AIG Higher Education Risk Solutions, a division of the property and casualty insurance subsidiaries of AIG, to address the growing risks faced by colleges...
AIG Private Client Group to Provide Complimentary Background Checks for Policyholders’ Household Staff
Mar 2 2004 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), announced a loss-prevention initiative that will provide policyholders employing domestic...
Arbitration Award Against AIG Subsidiary Affirmed
Feb 27 2004 // The law firm of Kasowitz, Benson, Torres & Friedman LLP announced that the US District Court for the District of Delaware has upheld a $4 million international arbitration award against American Life Insurance Company...
AIG Reports Record 2003 Net Income of $9.27 Billion
Feb 12 2004 // American International Group, Inc. (AIG) reported that its net income for the full year 2003 increased 68.0 percent to a record $9.27 billion, compared to $5.52 billion in 2002. Net income excluding realized capital gains...
William S. Cohen Elected to AIG Board
Feb 3 2004 // American International Group, Inc.’s Board of Directors announced the election of former United States Secretary of Defense and former United States Senator William S. Cohen as a Director. Cohen, 63, is currently...
Best Affirms Transatlantic Subs ‘A++’ Rating
Jan 28 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A++” (Superior) and assigned a negative outlook to the reinsurance subsidiaries of Transatlantic Holdings, Inc. American...
AIG Unveils New Accidental Death & Dismemberment Coverage Options
Jan 14 2004 // AIG Global Energy and the Domestic Accident & Health Division of the AIG Companies announced the availability of On-the-Job Accident Protector, an Accidental Death & Dismemberment (AD&D) insurance program...
AWAC Names Scott Carmilani President and CEO
Jan 14 2004 // Bermuda-based Allied World Assurance Company, Ltd., (AWAC) announced that it has elected Scott Carmilani as President and Chief Executive Officer with immediate effect. He succeeds Michael I.D. Morrison, who has served as...
Yacht Insurance
Jan 12 2004 // Nuts & Bolts: AIG Private Client Group, a division of the property/casualty insurance subsidiaries of American International Group Inc. (AIG), introduced yacht insurance for high net worth individuals. The yacht...
AIG Mergers & Acquisitions Division Notes Launch of Global Web Site
Dec 29 2003 // The AIG Mergers & Acquisitions Division, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), announced the launch of its newly designed global Web site,...
AIG Names Kevin Hogan Sr. Exec Responsible for PICC Relations
Dec 16 2003 // American International Group, Inc. announced the appointment of Kevin Hogan as the senior AIG executive responsible for the recently established cooperative business relationship with PICC Property and Casualty Company...
Top 10 2003 Newsmakers
Dec 15 2003 // While less turbulent than 2001-2002, this year hasn’t exactly been a walk in the park. The industry continues to face intractable problems—a lack of capital strength, accompanied by accusations that it’s...
Excess Flood Coverage
Dec 15 2003 // Nuts & Bolts: AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has expanded its Excess Flood Coverage to 17 additional states across the...
Top 10 2003 Newsmakers
Dec 15 2003 // While less turbulent than 2001-2002, this year hasn’t exactly been a walk in the park. The industry continues to face intractable problems—a lack of capital strength, accompanied by accusations that it’s...
AIG Specialty Workers’ Comp Notes Launch of AIG RiskTool System
Dec 10 2003 // AIG Specialty Workers’ Compensation®, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), announced the launch of AIG RiskTool System(SM), an online loss prevention and...
AIG Private Client Group Unveils Yacht Insurance
Dec 5 2003 // AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), announced the introduction of yacht insurance for high net worth individuals. AIG Private Client...
AIG Private Client Group Unveils Collector Car Insurance
Nov 25 2003 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group, Inc. (AIG), announced the launch of the AIG Private Client Group Auto Program, a new insurance...
Irwin Siegel Agency Announces New Relationship with AIG
Nov 6 2003 // The Irwin Siegel Agency, Inc. (ISA), a leading provider of insurance and risk management services within the Human Service field, announced today the start of a relationship with member companies of the American...
Excess Flood Coverage
Nov 3 2003 // Nuts & Bolts: AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has introduced excess flood coverage to support insureds in the event of...
