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AIG, Chubb Can’t Use ‘Bump-Up’ Provision in D&O Policy to Avoid Coverage
Feb 2 2026 // A state high court has ruled subsidiaries of American International Group (AIG) and Chubb cannot use the so-called “bump-up” exclusion in denying coverage for a settlement in a securities lawsuit. Late last...
AIG Announces Strategic Investment Partnership of Up to $3.5B With CVC
Jan 20 2026 // American International Group (AIG) announced a strategic partnership with global private markets firm CVC. The partnership, announced Jan. 19, includes the establishment of large-scale separately managed accounts (SMAs)...
Sexual Assault Charges Dropped Against Former AIG Exec McElroy
Jan 13 2026 // Authorities in Vermont have dropped sexual assault charges against David McElroy, a former executive at American International Group (AIG). According to a document filed in Vermont Superior Court in Lamoille County, the...
AIG’s Zaffino to Step Down as CEO as Aon’s Andersen Steps In
Jan 6 2026 // American International Group Inc. said Peter Zaffino intends to retire as chief executive officer by midyear, ending a five-year run of improved returns that was marred by recent managerial turmoil. He’ll be replaced...
AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir
Dec 18 2025 // American International Group (AIG) said it has teamed up with specialty insurer Amwins and asset manager Blackstone to launch a Lloyd’s syndicate, using its relationship with Palantir to assist in assessing the...
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