AIG Maps Out Major Investment in Technology, Core Processes February 14, 2020 By Mark Hollmer American International Group said it will invest $1.3 billion over the next three years in its massive AIG 200 initiative,...
AIG and P/C Underwriting Post Profit for Q4 February 13, 2020 American International Group reported fourth quarter 2019 net income of $922 million compared to a net loss of $622 million...
AIG’s P/C Underwriting Results for Q3 Hit by Catastrophes But Not as Badly as Year Ago November 1, 2019 By Mark Hollmer Catastrophe losses prevented American International Group from having a third quarter in a row of property/casualty underwriting profit this year,...
AIG CEO Duperreault ‘Encouraged’ by Hardening Market, Plans Operational Overhaul August 13, 2019 By Mark Hollmer AIG President and CEO Brian Duperreault said that the evolving, hardening market is sustainable and dovetailing nicely with the insurer’s...
AIG Scores P/C Insurance Profit in Q1 May 7, 2019 By Katherine Chiglinsky Insurer American International Group Inc. reported first-quarter earnings that trounced Wall Street estimates on Monday, as its general insurance business...