Advisory Firms Urge ‘No’ Vote on AIG Execs’ Pay Packages May 16, 2019 By Suzanne Barlyn American International Group Inc. shareholders should vote against compensation packages for top executives at the insurer’s annual meeting next week,...
AIG CEO Duperreault Was Paid $20.9 Million in 2018, Half of 2017 Compensation April 3, 2019 By Ross Kerber and Suzanne Barlyn Insurer American International Group Inc. said on Tuesday it paid Chief Executive Officer Brian Duperreault $20.9 million in 2018 while...
Insurers Face Big Claims from Victims’ Families After Boeing 737 MAX Crash: Sources March 12, 2019 By Noor Zainab Hussain, Carolyn Cohn and Suzanne Barlyn Boeing Co.’s insurers face big claims from families of the victims of the Ethiopian Airlines crash, coming less than six...
Industry Eyes Renewal of U.S. Terror Reinsurance and Alternatives Should Congress Fail March 5, 2019 By Suzanne Barlyn U.S. insurers are pushing for the extension of a federal terrorism risk insurance program, hoping to fend off a possible...
AIG Reports Q4 Loss on Catastrophes, Lower Investment Returns February 13, 2019 By Suzanne Barlyn American International Group Inc. on Wednesday reported a quarterly loss as the insurer was hit with catastrophe losses and made...
Senior Care Facilities and Their Insurers Try to Keep Up with Aging America’s Falls January 2, 2019 By Suzanne Barlyn Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to...
SEC Wants More Details from AIG on Berkshire Reinsurance November 12, 2018 By Suzanne Barlyn The U.S. Securities and Exchange Commission told American International Group Inc. to improve disclosures about its use of reinsurance to...
AIG Winds Down Iran Business It Acquired Along With Validus November 7, 2018 By Suzanne Barlyn American International Group Inc. is exiting business activities in Iran that came with a subsidiary it acquired and which now...
John Hancock Will Only Sell Interactive Life Insurance with Fitness Data Tracking September 19, 2018 By Suzanne Barlyn John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead...
CEO Duperreault Bets on Underwriting Culture, Greenberg Ways in Restoring AIG to Greatness September 11, 2018 By Suzanne Barlyn Brian Duperreault, who rejoined American International Group Inc. as chief executive officer last year to turn the company around, remembers...