American International Group News
At Nearly $21M, AIG CEO Duperreault’s 2018 Paycheck Is Half the Previous Year’s
Insurer American International Group Inc said on Tuesday it paid Chief Executive Officer Brian Duperreault $20.9 million in 2018 while also outlining a series of reforms to its pay practices in the ...
AIG Will Depart Individual Personal Lines Business in Canada
American International Group has decided to stop underwriting new policies in its individual personal insurance lines of business in Canada, namely auto and homeowners. "We continually review our ...
AIG Sells Off Stake in China’s PICC Group With Few Gains
American International Group Inc. bought into The People's Insurance Co. (Group) of China Ltd. as a cornerstone investor in its initial public offering more than six years ago. Since that time -- ...
AIG’s Duperreault Blames ‘Go Large’ Strategy for Insurer’s Past Failures, Pledges 2019 Underwriting Profit
AIG President and CEO Brian Duperreault faced analysts on Valentine's Day looking both ahead and back. He elaborated on continuing steps taken to restore the struggling insurer to health, and what ...
General Insurance Blues: AIG Ended 2018 With Another Money-Losing Quarter
American International Group's road to profitability continues to be both slow and challenging. High catastrophe losses in the fourth quarter presented yet another obstacle. The property/casualty ...
Executives On The Move at AIG, Holborn Corp. and the Global Insurance Accelerator
AIG picked a new head of communications for its Investments organization. Holborn Corporation hired a veteran Gen Re executive. The Global Insurance Accelerator brought on a new executive who will ...
Ex-Chubb Exec Joins AIG to Lead Global Accident & Health Division
American International Group Inc. is bringing over a former Chubb executive to lead one of its major divisions. Edward Levin is AIG's new global head of Accident & Health, General Insurance. ...
Insuring Collectibles: Tales About the Super Rich, Whisky Insurance, and More
With prices of rare whisky soaring into the six and seven digits, ensuring that precious spirit is protected is not only recommended but essential, says Ron Fiamma, head of global collections at ...