American International Group News
AIG to Offer Equity Crowdfunding Insurance
American International Group has launched a new insurance product to protect investors on equity crowdfunding platforms against issuer fraud. Crowdfunding Fidelity protects individual investors ...
AIG General Counsel Russo to Retire; Was Key Player in Bailout Negotiations
Tom Russo, who helped American International Group Inc. negotiate the end of its U.S. bailout, is retiring from his post as general counsel. Russo, 72, will stay with the insurer until a replacement ...
Activist Investor Carl Icahn Buys More AIG Shares
Activist investor Carl Icahn has raised his stake in American International Group Inc by 5.2 percent, putting him in a better position to pressure the insurer to split into three independent ...
AIG, Clemson University Partner to Establish Risk Engineering and Analytics Center
American International Group Inc. announced that it has made an initial $4 million investment with Clemson University to develop a risk engineering and analytics center and to establish the Robert ...
Icahn Urges AIG to Split Into Three, Says It’s ‘Time to Act’
Carl Icahn, the billionaire investor known for picking fights with corporate boards, disclosed an investment in American International Group Inc. and said it should split into three companies: one ...
AIG’s Commercial P/C Underwriting Unit Faced Continued Q2 Struggles
Insurer American International Group Inc reported a 5.6 percent jump in quarterly operating profit, driven by investments in one of China's biggest insurers and earnings from aircraft leasing company ...
Report: AIG Seeking Chief Investment Officer to Manage $350B Portfolio
American International Group Inc. is seeking a chief investment officer to oversee a portfolio valued at more than $350 billion, according to a person with knowledge of the insurer's plan. The money ...
Navigating Insurance Ratings: Fitch Unveils New Visualization Tool
Market position, capitalization, reserve adequacy and catastrophe risk management are among the factors that rating agency analysts consider when developing insurance financial strength (IFS) ratings ...