American International Group News
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 ...
AIG Names Purtill Permanent CFO as Fitzsimons Steps Down
American International Group announced that Sabra Purtill, who has served as interim chief financial officer since January 2023, has been named to the role on a permanent ...
Climate Change and Homeowners Insurance Are on a Collision Course
A summer that already has seen water crises and wildfire smoke is rapidly becoming an inflection point in the pitched battle between climate change and the price of ...
AIG Records Strongest Q1 Underwriting Results in General Insurance
American International Group said first-quarter 2023 underwriting income in its general insurance segment was $502 million, "representing the strongest first-quarter ...
AIG CFO to Take Temporary Medical Leave
American International Group announced that Shane Fitzsimons, executive vice president and chief financial officer, will take a temporary medical leave of absence, ...
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 ...
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 ...