American International Group Archives - Page 2 of 19

AIG Announces Key Leadership Changes

American International Group Inc. has named Tom Bolt as executive vice president and chief risk officer, AIG, effective immediately. He will report to Peter Zaffino, chairman and chief executive ...

AIG Commits to Net-Zero Greenhouse Gas Emissions in Underwriting, Investment by 2050

American International Group said it is committed to achieving net-zero greenhouse gas emissions across its global underwriting and investment portfolios by 2050. AIG already made a commitment last ...

AIG CEO Zaffino Urges Insurers to Plan for More Climate Change-Related Catastrophe Losses

AIG President and CEO Peter Zaffino urged the insurance industry to acknowledge that more frequent and severe catastrophe losses are likely here to stay, and plan accordingly. "We've never seen ...

AIG CEO Zaffino Promises 2022 IPO for Portion of Life/Retirement Business

American International Group remains on track to sell of part of its Life & Retirement unit through an IPO in the first half of 2022, according to company President and CEO Peter Zaffino. Some ...

AIG Produces Substantial Q3 Premium, Net Income Gains

American International Group's General Insurance, or property/casualty business, saw double-digit premium growth and substantially higher net income in Q3 along with lower catastrophe losses. AIG ...

AIG Closes Sale of Life & Retirement Unit Stake to Blackstone

Part of American International Group's plans to spin off part of its Life & Retirement business have come to fruition. AIG and Blackstone said they have closed on a previously announced agreement ...

AIG Makes Leadership Changes as It Readies Separation of Life & Retirement Business

American International Group made a number of senior leadership changes intended to aid in the separation of its Life & Retirement business and other strategic priorities. Among the biggest ...

J.D. Power Agents’ Survey Reveals Top-Ranked P/C Carriers (Story in Charts)

Neglected no more. Independent agents are feeling the love from property/casualty insurance carriers—and the scores they are giving carriers are moving higher, J.D. Power reports. According to ...

AIG CEO Zaffino to Add ‘Chairman’ to Title Starting Jan. 1, 2022

Peter Zaffino, American International Group's CEO since March, will add "Chairman of the Board of Directors" to his title as of Jan. 1, 2022 after Brian Duperreault retires. Zaffino succeeded ...

AIG Celebrates Strong Q2 Gains Driven by Investment Income, Business Growth, Rate Hikes

American International Group generated a modest profit in the second quarter, citing gains from higher net investment income, far fewer catastrophe losses and strong rate hikes in its ...