AIG News
Executives on the Move at AIG, White Mountains, Vermont Mutual
During the month of April, several insurance groups announced moves of some of their highest-ranking leaders.***
McElroy Retiring Early at AIG. American ...
AIG Sues Newly Launched Dellwood Insurance and Its Founders
American International Group and a group of its excess and surplus lines subsidiaries have filed suit against Dellwood Insurance Group and three former AIG executives who launched the nationwide ...
Appeals Court Rules Insurers Not Obligated to Defend Opioid Distributor McKesson
The role drug distributor McKesson Corp. had in the opioid crisis was no accident, meaning the company is not entitled to defense costs related to litigation against it. McKesson Corp. appealed a ...
AIG Continues to Take Cautious Approach to Excess D&O in North America
Though American International Group (AIG) saw a turnaround in underwriting income in the third quarter, driven largely by business in North America, the company's chief ...
AIG General Insurance Income Up 82.7% in Q3 on North America Gains
American International Group (AIG) during the third quarter recorded a 264 percent increase in underwriting income within its General Insurance segment to $611 million as ...
RenRe Completes $3.3 Billion Acquisition of Validus Re From AIG
RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Validus Re, the treaty reinsurance business of American International Group.
Selective Insurance Group said its chief financial officer, Mark Wilcox, has resigned to hold the same position elsewhere. Wilcox, also ... AXA XL has appointed Lucy Pilko as CEO for the Americas region of its insurance operations, effective Oct. 30, 2023. She assumes the role ...
McElroy, Bailey, Hancock Get New AIG Leadership Roles
American International Group announced that David McElroy, Don Bailey and Jon Hancock will be taking on different roles starting on Jan. 1, 2024—moves that AIG says will see them leading the ...
Executives on the Move at Nationwide, AIG, Selective
Executives on the Move at AXA XL, Guy Carpenter, AIG