AIG News
Icahn’s AIG Board Rep Won’t Seek New Term
Samuel Merksamer, who represents billionaire Carl Icahn on the board of American International Group Inc, will not seek re-election to the post at the insurer's annual meeting in May, the company ...
A Phone Call From AIG’s Duperreault; A Deal 72 Days Later
It started with a phone call—from American International Group's Brian Duperreault to Validus Holdings' leader Ed Noonan. Roughly two-and-a-half months later, including time for just over one month ...
AIG Will Sell Travel Insurance to Expedia’s Customers
Insurer American International Group Inc on Friday said that it has struck a deal with online travel services provider Brand Expedia Group to sell travel insurance to the company's global customers. ...
Berkshire Hathaway’s AIG Claims Costs Rose $1.8B Higher
Warren Buffett's Berkshire Hathaway Inc. boosted its estimate of the ultimate cost of a deal it made last year to backstop some risks for American International Group Inc. The company increased its ...
Executives From AIG, Lloyd’s, Hamilton and More Sound Off on Insurance Industry Careers
What do insurance industry executives have to say about today's insurance careers? They gave their thoughts as part of the third annual Insurance Careers Month, which kicked off with the annual ...
Rash of Natural Disasters Made Reinsurers Desirable Acquisition Targets
The $500 billion reinsurance industry is experiencing a flurry of deal talks. One reason: Companies are finally for sale as a rash of natural disasters has depressed valuations and a influx of ...
AIG Reports $6.7B Loss Attributed to Catastrophes and Tax Reform
American International Group Inc posted a $6.7 billion fourth-quarter loss on Thursday as the U.S. insurer booked a big charge related to U.S. tax reform and losses from global catastrophes. ...
AIG, Argo, EMC CEOs Stress Importance of Balanced Regulatory Environment
At the Insurance Information Institute's (I.I.I.) 2018 P/C Joint Industry Forum, held January 16 at New York City's Marriott Marquis, panelists stressed the importance of a balanced regulatory ...