AIG News
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Biz Worth $2B
American International Group said yesterday that it has a definite agreement to acquire the renewal rights of Everest Group's retail commercial insurance business. Everest will focus on its ...
AIG’s Bailey to Retire; New Leadership Structure for NA Commercial Team
American International Group announced the retirement of Don Bailey, executive vice president and chief executive officer, North America Commercial Insurance, who will ...
Executives on the Move at AIG, FM, CNA
American International Group Inc. named Scott Hallworth as chief digital officer, effective September 1. Hallworth will be responsible for leading AIG's digital, data and GenAI strategy. Based in New ...
AIG CEO Zaffino Highlights Integration of GenAI to Create Digital Twin of Business
Are two AIGs better than one? In outlining the work at American International Group (AIG) to integrate generative artificial intelligence, CEO Peter Zaffino said AIG's intent is to "create a digital ...
U.S. E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4 percent in 2024, down from 14.5 percent a year ...
AIG’s Zaffino Talks More on Insurer-Reinsurer Balance as $200B Cat Year May Loom
American International Group CEO Peter Zaffino used the insurer's fourth quarter earnings call to again talk about reinsurance attachments points, throwing in the possibility 2025 could be the year ...
AIG Q4 General Insurance Underwriting Income Down 29% on Catastrophes
American International Group reported fourth-quarter 2024 net income of $898 million compared to $86 million the prior year, but insurance underwriting income was down 29 percent on high catastrophe ...
Executive Moves: AIG Names Flatt as Global CUO; Texas Mutual Appoints Carter as Chief Transformation Officer
American International Group announced that Christopher Flatt, currently head of AIG North America Alternative Channels, has been named global chief underwriting officer, ...
