American International Group News
Executives On The Move at AIG, Zurich North America, BHSI and Guy Carpenter
AIG named a Marsh McLennan veteran as its new senior director of Investor Relations. Zurich North America appointed a new Head of Strategy for Innovation & Business Development. Berkshire ...
AIG’s P/C Business Squeaks Into the Black; Net Income Soars
AIG's property/casualty insurance business squeaked into the black during the first quarter after losing money a year ago, and the company's overall net income grew substantially, thanks in part to ...
AIG Hires Lincoln Financial Exec to Help Separate Its Life & Retirement Business
AIG has hired a Lincoln Financial executive to help separate its Life & Retirement business into a standalone company and guide other streamlining efforts. Lisa Buckingham is joining the company ...
AIG Is Hiking Some Commercial Rates by 45 Percent
American International Group Inc said on Wednesday it is hiking some commercial insurance rates by as much as 45%, a trend it sees persisting in 2021, as the company prepares to install Peter Zaffino ...
AIG’s P/C Business Books $171M Underwriting Loss
American International Group's property/casualty business booked a $171 million underwriting loss in the 2020 fourth quarter, barely a year after the insurer celebrated the division's return to ...
AIG’s Zaffino Will Succeed Duperreault as CEO on March 1
American International Group (AIG) has officially named Peter Zaffino as chief executive officer, succeeding Brian Duperreault, AIG's current CEO, who will become executive chairman of the board. ...
AIG Promotes Two Execs in Communications/Government Affairs
American International Group made two promotions affecting its communications and government affairs functions. The insurer said that Lucy Fato would take on the newly-created position of Global Head ...
AIG President Zaffino Makes Case for Life & Retirement Separation
AIG will separate its Life & Retirement division into a standalone company either through an initial public offering or private sale of the unit in stages over time. Which ever option executives ...