AIG News
Liberty Mutual’s Safeco, Heritage Insurance to Take Over AIG’s Upper Middle Market Biz
American International Group is transferring part of its personal insurance business for upper middle market clients to Liberty Mutual's Safeco Insurance and Heritage Insurance Holdings, a ...
Zaffino, AIG’s No. 2, Fights to Turn Around the House That Hank Greenberg Built
American International Group Inc.'s Peter Zaffino drew a clear line ahead of his jump to the insurer almost three years ago. "I didn't want any advice," Zaffino, AIG's president, said in a rare ...
Insurance Comparison Firm SelectQuote Plans a $342M IPO
SelectQuote Inc said on Friday it was looking to raise about $342 million in an initial public offering that could value the owner of the eponymous insurance policy comparison website at more than $3 ...
AIG Shareholders Back Executive Pay Package Changes
Shareholders of American International Group Inc strengthened their support for the U.S. insurance company's executive compensation plan after the board made changes to its pay packages, according to ...
AIG Shareholders to Vote on Executive Pay Proposals
American International Group Inc faces a crucial test on Wednesday, when shareholders are to vote on whether the board of directors has adequately addressed their concerns about executive pay. ...
AIG President Zaffino on Surviving COVID-19: Ongoing Adaptation Is Key
If there's one thing that AIG's top leaders have tried to get across, it is this: COVID-19 is like nothing else the industry has faced, it will impact nearly every part of what insurers do in the ...
COVID-19 Pushes AIG’s P/C Insurance Business Into the Red
After years of losses and just 12 months of underwriting income, American International Group's property/casualty business has lost money again. For that, COVID-19 is to blame. AIG said the P/C arm ...
AIG Rolls Out Largest-Ever Syndicate at Lloyd’s, Focusing on High Net Worth Clients
American International Group has launched Lloyd's Syndicate 2019 — the largest-ever syndicate to be launched at Lloyd's. Syndicate 2019 will exclusively reinsure risks from AIG's Private Client ...