Update: AIG Weighs IPO or 19.9% Stake Sale of Life and Retirement Unit November 6, 2020 Insurer American International Group Inc said on Friday it is considering an initial public offering or a private sale of...
AIG’s Profit Slumps on Q3 Catastrophe Losses November 6, 2020 American International Group Inc reported a slump in third-quarter profit on Thursday, hurt by losses related to storms, wildfires and...
AIG’s Plan to Divest Life & Retirement Business Could Prompt Ratings Downgrades November 2, 2020 By Mark Hollmer American International Group’s plan to downsize by divesting its Life & Retirement (L&R) business is drawing cautious and wary reactions...
AIG Names Zaffino to Succeed Duperreault as CEO; Will Spin Off Life Insurance Business October 26, 2020 By Mark Hollmer American International Group has disclosed significant leadership changes as well as plans to separate its Life & Retirement business into...
AIG Promotes McElroy to CEO of North America General Insurance August 13, 2020 American International Group announced that David McElroy, currently president and chief executive officer of the North American operations of General...
AIG’s Zaffino Sees COVID-19 Creating Beneficial ‘Flight to Quality’ August 6, 2020 By Mark Hollmer AIG President and Chief Operating Officer Peter Zaffino said that the insurer has seen accelerated rate improvements and other gains...
Zurich Insurance Decides Not to Renew Cover for Canada’s Trans Mountain Oil Pipeline July 23, 2020 Insurer Zurich has decided not to renew cover for the Canadian government’s Trans Mountain oil pipeline, said a spokeswoman for...
AIG Will Move to New Manhattan Headquarters in 2021 July 22, 2020 American International Group is moving its global headquarters in 2021 as part of a continued push to modernize its operations,...
Circus Circus Sues AIG in Nevada over Rejected Coronavirus Claim July 8, 2020 Circus Circus Hotel and Casino has filed a lawsuit against AIG Specialty Insurance Co. alleging that AIG wrongfully denied coverage...
Safeco, Heritage Agree to Offer Renewals to AIG’s Upper Middle Market Clients June 30, 2020 American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage...