AIG Promotes 3 to Lead North America Commercial as Bailey Retires October 6, 2025 American International Group (AIG) on Friday said its head of commercial insurance in North America is retiring at the end...
Perelman Loses Bid for $400 Million for Less ‘Vibrant’ Art September 29, 2025 By Miles J. Herszenhorn and Chris Dolmetsch A New York judge ruled Ron Perelman was not entitled to $400 million from insurers over alleged damage to an...
Insurers Lose Bid to Appeal London Judgment Over Jets Lost in Russia September 17, 2025 Western insurers on Tuesday lost a London High Court bid to appeal against a judgment that hands aircraft lessors $1.0...
AIG CEO Zaffino Highlights Integration of GenAI to Create Digital Twin of Business August 12, 2025 By Chad Hemenway Are two AIGs better than one? In outlining the work at American International Group (AIG) to integrate generative artificial intelligence,...
AIG General Insurance Underwriting Income Up 46% in Q2 August 7, 2025 Second quarter underwriting income in AIG’s General Insurance segment increased 46% compared with last year, to $626 million. The unit—North...
Former AIG Exec McElroy Faces Sexual Assault Charges in Vermont July 18, 2025 By Chad Hemenway American International Group (AIG) on July 16 made a splash with the announcement that it had hired former Lloyd’s CEO...
Aon Promotes Reinsurance Leaders as John Neal Takes a New Direction With AIG July 16, 2025 By L.S. Howard Insurance broker Aon announced the promotions of Alfonso Valera as CEO of International for Reinsurance, responsible for UK, EMEA and...
Former Lloyd’s CEO Neal to Lead General Insurance as President at AIG July 16, 2025 By Chad Hemenway American International Group (AIG) said today that former Lloyd’s CEO John Neal is joining as president, effective December 1. Neal,...
Perelman at $410 Million Art Trial Says Fire Faded His Works June 18, 2025 By Chris Dolmetsch Ron Perelman told a judge that five of his paintings totaling over $400 million in value lost their luster from...
Insurers Must Pay Up for Jets Seized by Russia, UK Judge Rules June 11, 2025 By Upmanyu Trivedi Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the...