Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
People Moves: Swiss Re Corporate Solutions Hires AIG’s Blattner-Hoyle to Lead Trade Finance; QBE Names AXA XL’s France as Head of Property, Europe
Aug 10 2021 // This edition of International People Moves covers appointments at two insurers: Swiss Re Corporate Solutions and QBE European Operations. A summary of these new hires follows here. Swiss Re Corporate Solutions Names...
Rate Hikes, Investments Help AIG Get Back to Profit in Q2
Aug 6 2021 // American International Group generated a modest profit in the second quarter, citing gains from higher net investment income, far fewer catastrophe losses and strong rate hikes in its property/casualty business. The...
People Moves: Hartford Names Burns to Lead Marketing/Comms; Beazley Promotes Beerli for Specialty Risks, U.S. Programs; Purtill Is CRO at AIG
Aug 3 2021 // Hartford Names Burns as Head of Marketing and Comms, Succeeding Bromage The Hartford has appointed Claire Burns chief marketing and communications officer, effective Sept. 1. Claire Burns Burns will report directly to...
AIG Employees to Return to Offices on Sept. 14 With Safety Measures
Jul 22 2021 // American International Group Inc., one of the largest U.S. insurers, has set Sept. 14 as its global return-to-office date, Chief Executive Officer Peter Zaffino told employees on Wednesday in a memo seen by...
AIG Plans Sale of Life Business to Blackstone and in IPO
Jul 14 2021 // American International Group Inc. plans to use an IPO to sell part of its life and retirement business, while Blackstone Group Inc. agreed to buy a sizeable stake, according to a person familiar with the matter. AIG and...
AIG Releases Its First Environmental, Social and Governance Report
Jul 1 2021 // The International Renewable Energy Agency says a surge in private lending for renewable energy projects this decade is a must in order to meeting global targets to limit the rise of temperatures worldwide. That’s...
People Moves; Platinum Specialty Adds Gilreath; AIG’s Connelly to IICF SE Board Chair
Jun 16 2021 // Platinum Specialty Underwriters Platinum Specialty Underwriters, an XPT company, has added transportation expert Malcolm Gilreath as vice president of Underwriting. He is based in Platinum’s Plano, Texas...
Major UK Asset Manager Divests from Insurer AIG over Climate Policies
Jun 15 2021 // Legal & General Investment Management will sell holdings in four companies including U.S insurer American International Group Inc. after deeming they’re making insufficient progress on addressing climate change...
People Moves: Safety National Signs O’Grady; MMC’s McMillan Joins AIG Investor Relations
Jun 9 2021 // O’Grady Joins Safety National’s Large Casualty Unit Safety National announced that Tim O’Grady joined the company as vice president for underwriting in the company’s large casualty division, which...
People Moves: Hippo Adds Executives from Chubb, AIG, Tower Hill, Weston; Hub Names Rutt to Lead Cannabis
Jun 3 2021 // Hippo Names Executives Bienek, Primerano, Stienstra, Donahue Home insurer Hippo announced four executive appointments to its insurance team as it prepares to go public. Tim Bienek, Hippo’s chief insurance strategy...
People Moves: Hannover Re’s Bruns to Peak Re; AIG’s Nagra to BHSI; 4 Mosaic Hires
May 17 2021 // This wrap-up of international People Moves details recent appointments at Peak Reinsurance, Berkshire Hathaway Specialty Insurance and the new Bermuda-based insurer Mosaic. A summary of these new hires follows here. Peak...
AIG Reports Strong First Quarter
May 7 2021 // American International Group (AIG) reported strong underwriting and investment results in in its General Insurance and its Life and Retirement divisions, despite catastrophe losses from winter storms and Covid-19 mortality...
People Moves: AIG Names BlackRock’s Wade as Digital Chief; Great American Promotes DeSoto; AXIS Adds to Cyber; Cover Genius Adds Execs
Apr 5 2021 // American International Group announced that Claude E. Wade will join the company in the second quarter of 2021 in the newly created role, executive vice president, global head of Operations and Chief Digital Officer,...
People Moves: Institutes’ Horowitz; Rizzuto from Travelers to IAT; BHSI Adds AIG’s Freid; Ryan Re Leaders
Mar 17 2021 // Horowitz Promoted at The Institutes Katherine Horowitz has been promoted to executive vice president and head of Business Units at The Institutes. Horowitz will oversee the growth and strategic direction of multiple...
21-Year AIG Veteran Tatulli Joins Berkshire Hathaway Specialty Executive Lines
Mar 10 2021 // Berkshire Hathaway Specialty Insurance (BHSI) has named Anthony Tatulli as head of Executive & Professional Lines for North America. He will have overall underwriting responsibility for Directors and Officers...
Climate Change Activists ‘Welcome’ AIG CEO Zaffino; EU Urges More Insurance
Mar 4 2021 // Climate change is weakening the ocean currents that shape weather on both sides of the Atlantic. The Atlantic Meridional Overturning Circulation during the 20th century has weakened more than at any other time over the...
AIG Hikes Rates Up to 45%; Reports Interest in Life/Retirement Unit Sale
Feb 18 2021 // American International Group Inc. said on Wednesday it is hiking some commercial insurance rates by as much as 45%, a trend it sees persisting in 2021, as the company prepares to install Peter Zaffino as its new chief...
AIG Sees ‘Continued Progress’ Despite P/C Underwriting Loss of $171 Million in Q4
Feb 17 2021 // American International Group’s property/casualty business booked a $171 million underwriting loss in the 2020 fourth quarter, barely a year after the insurer celebrated the division’s return to...
Zaffino to Succeed Duperreault as CEO of AIG March 1
Feb 16 2021 // American International Group (AIG) has officially named Peter S. Zaffino as chief executive officer, succeeding Brian Duperreault, AIG’s current CEO, who will become executive chairman of the board. Both moves are...
Former NFL Player Suing AIG Over California Burglary
Jan 12 2021 // Former NFL player Antonio Gates and his wife, Sasha Gates, are suing their homeowners insurer, AIG Property Casualty Co., accusing them of delaying coverage and ignoring their claim for insurance policy benefits after a...
