Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
AIG Excess Casualty Unveils AIG ExcessPrime
May 10 2004 // AIG Excess Casualty, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has introduced AIG ExcessPrime, a $25 million commercial liability program that provides insureds with...
AIG Names Dr. Jacob A. Frenkel Vice Chairman
May 4 2004 // American International Group, Inc. announced that Dr. Jacob A. Frenkel has been named a Vice-Chairman of AIG, effective immediately. He will also serve as Chairman of AIG’s Global Economic Strategies...
People and Places
May 3 2004 // Redwood City, Calif.-based ABD Insurance and Financial Services recently announced several new appointments. Sam Jones Sam Jones will become president, property/casualty. Jones assumes responsibility for the...
AIG Launches BusPlus for School Bus Operators
Apr 29 2004 // The AIG Companies announced the introduction of BusPlus(SM), described as “a new umbrella liability insurance package that offers excess auto liability insurance coverage, sexual misconduct liability coverage and...
AIG Cos. Offers Venue Liability Protector
Apr 27 2004 // The AIG Companies have launched Venue Liability Protector, a commercial coverage designed to address the casualty risks of public venues and accident risks of patrons at performance and hospitality events. Venue Liability...
AIG Reports Q1 Net Earnings of $2.66 Billion
Apr 23 2004 // American International Group reported a 35.9 percent increase in first quarter net earnings to $2.66 billion, or $1.01 per share, compared to $1.95 billion or $0.74 per share in the first quarter of 2003. The company said...
AIG Launches ‘Sports Risk Solutions’
Apr 6 2004 // The AIG Companies have announced the launch of “AIG Sports Risk Solutions(SM),” described as “a comprehensive insurance program designed for youth and adult amateur athletic organizations that provide...
Antonopoulos to Head Crum & Forster
Apr 5 2004 // Prem Watsa, Crum & Forster Holdings Corp.’s current Chairman and CEO and the company’s parent, Canada’s Fairfax Financial Holdings Limited, announced that Nikolas Antonopoulos, who has been President...
AIG Added to the Dow
Apr 2 2004 // American International Group will join a small select club next Thursday, April 8, when it becomes one of three new companies whose share price is used to calculate the Dow Jones Industrial average, “The...
S&P Affirms AIG’s ‘AAA’ Ratings
Mar 31 2004 // To no one’s surprise Standard & Poor’s Ratings Services announced that it has affirmed its ‘AAA’ counterparty credit rating on American International Group Inc. and similar high ratings on...
AIG’s National Union Launches Mutual Fund IDL Premier
Mar 25 2004 // National Union Fire Insurance Company of Pittsburgh, Pa., a member company of American International Group, announced the launch of Mutual Fund IDL Premier(SM), a new coverage designed to meet the emerging liability...
ESIS Appoints Burkhardt as Assistant Vice President, Client Services
Mar 19 2004 // ESIS Inc., the risk management services arm of ACE USA, today announced the appointment of Edward Burkhardt as assistant vice president, Client Services. Based in Los Angeles, Burkhardt will have overall responsibility for...
Best Affirms ‘B++’ Rating of Fuji Fire & Marine
Mar 16 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) of Japan’s Fuji Fire & Marine Insurance Company, Limited. Best also assigned a financial strength...
AIG Unveils Professional Liability Coverages for Homeland Security Department Contractors
Mar 15 2004 // The AIG Companies have introduced SAFETY Act Homeland Protector, a new set of product and professional liability coverages designed for companies developing and selling anti-terrorism products and technologies in...
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...
