AIG a ‘Different Company’ Poised to Grow in E&S and More: CEO Zaffino June 3, 2024 By Susanne Sclafane AIG is “a different company” today than it was when CEO Peter Zaffino joined the company in 2017, but like...
AIG General Insurance Q4 Income Up 19% on Underwriting, Investments February 14, 2024 By Chad Hemenway American International Group (AIG) during the fourth quarter 2023 recorded underwriting income of $642 million within its General Insurance segment...
Insurer AIG Leads Policy for Japan Airlines Plane Involved in Runway Collision: Sources January 3, 2024 U.S. insurer AIG was the lead insurer on a $130 million “all-risks” policy for the Japan Airlines airplane which collided...
AIG Continues to Take Cautious Approach to Excess D&O in North America November 3, 2023 By Chad Hemenway Though American International Group (AIG) saw a turnaround in underwriting income in the third quarter, driven largely by business in...
AIG General Insurance Income Up 82.7% in Q3 on North America Gains November 2, 2023 By Chad Hemenway American International Group (AIG) during the third quarter recorded a 264% increase in underwriting income within its General Insurance segment...
RenRe Completes $3.3 Billion Acquisition of Validus Re From AIG November 1, 2023 By L.S. Howard RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Validus Re, the treaty reinsurance business of American International Group....
People Moves: AIG Appoints Walsh as Executive Vice President and General Counsel September 29, 2023 American International Group announced that Patricia (Trish) Walsh will join AIG as executive vice president and general counsel, effective Dec....
European Insurers Underwrite 30% of US Coal: Study September 28, 2023 By Gautam Naik and Alastair Marsh Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the...
Billion-Dollar Satellite Risks Upending Space Insurance August 28, 2023 By Todd Shields and Loren Grush Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims....
AXA Agrees to Purchase Laya Healthcare From AIG for €650 Million August 3, 2023 AXA announced it has entered into an agreement to acquire Laya Healthcare Ltd. from Corebridge Financial Inc., a subsidiary of...