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Zurich Completes $600M Buy of AIG’s Travel Insurance Business
Dec 3 2024 // Zurich Insurance Group said Tuesday its acquisition of American International Group’s global personal travel insurance business is complete. Zurich said the acquisition of AIG’s personal travel insurance and...
People Moves: Schaper Is Now Permanent AIG CRO; NFP Appoints Boester Head of Sports and Entertainment Group; Galvin and Fujikawa Join Alliant’s Employee Benefits
Nov 13 2024 // American International Group said Christopher Schaper has been appointed chief risk officer of AIG. Chris Schaper Schaper has held the role of chief risk officer on an interim basis since September, while also serving as...
AIG CEO Zaffino on Approach to Catastrophe Losses in Today’s Reinsurance Market
Nov 6 2024 // American International Group CEO Peter Zaffino said he expects the reinsurance market’s attachment points to remain on top of losses generated by the frequency and severity of natural catastrophes. Losses will...
AIG General Insurance Underwriting Profit Falls 28% in Q3
Nov 5 2024 // American International Group saw third quarter underwriting income in its general insurance segment fall 28% to $437 million due to higher catastrophe losses and lower favorable development on prior year reserves. The...
AIG Plans to Consolidate Atlanta Ops Into Innovation Hub
Oct 23 2024 // American International Group, better known as the global insurance enterprise AIG, said it will consolidate its Atlanta-area operations into a huge new innovation hub in Brookhaven, on the north side of the city. The...
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