AIG News
AIG Fires Interim CFO Lyons
AIG late Monday terminated interim Chief Financial Officer Mark Lyons after he "violated his confidentiality/non-disclosure obligations," the company said.
American International Group announced that Shane Fitzsimons, executive vice president and chief financial officer, will take a temporary medical leave of absence, ... American International Group has appointed Don Bailey as global head of Distribution and Field Operations, effective immediately. He reports to Chairman and CEO Peter ...
AIG CFO to Take Temporary Medical Leave
Bailey Joins AIG as Global Head of Distribution and Field Operations
Insurers Challenge Boy Scouts $2.5B Bankruptcy Approval Alleging Abuse
A group of insurers—including subsidiaries of AIG, Liberty Mutual, Allianz, Sompo International, and Travelers—are challenging an approval of the Boy Scouts of America's $2.46 billion bankruptcy ...
Five More Years: Zaffino To Lead AIG Through 2027
On Friday, American International Group, Inc. announced that AIG and Peter Zaffino, president, chief executive officer and chair of the board, entered into an agreement securing Zaffino's employment ...
Insurer AIG Profit Slumps As Investment Income Falls
Insurer American International Group on Tuesday reported a more than 39 percent decline in quarterly profit as investment income fell by more than $1 billion and losses from Hurricane Ian pushed up ...
AIG’s Corebridge Is Year’s Largest IPO at $1.7B
AIG Inc.'s life insurance and retirement division Corebridge Financial Inc raised $1.68 billion on Wednesday in the biggest initial public offering (IPO) so far this year, braving market volatility ...
Wholesale Growth Is Cycle-Proof; Dual Distribution Has Failed: AIG’s Zaffino
Just a few days before the official start of the Wholesale & Specialty Insurance Association annual meeting in September, AIG's chief executive officer gave his take on the dominance of ...
Marsh Launches First Dedicated Insurance for Hydrogen Projects
Broker Marsh, a unit of Marsh & McLennan, said on Monday it was launching the world's first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in ...