American International Group News
Breaking: Andersen to Replace Zaffino as CEO of AIG on June 1
American International Group Inc. announced that Chair and CEO Peter Zaffino will transition to Executive Chair of AIG and retire as CEO by midyear and that industry veteran Eric Andersen will take ...
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG
Lloyd's of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he's no longer ...
AIG General Insurance Underwriting Income Up 81% in Q3
Third-quarter 2025 underwriting income in American International Group's (AIG) General Insurance segment increased 81 percent compared with last year, to $793 million. The unit—North America ...
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 ...
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 ...
AIG General Insurance Underwriting Profit Falls 28% in Q3
American International Group saw third-quarter underwriting income in its general insurance segment fall 28 percent to $437 million due to higher catastrophe losses and lower favorable development on ...