general insurance unit Archives - Carrier Management

AIG CEO Duperreault on P/C Insurance Turnaround: ‘This Inflection Point Was Critical to Achieve’

In a world of giant public companies with a global reach, $12 million may not seem like much. For American International Group, it's a very big deal. In the 2019 fourth quarter, AIG reported $12 ...

AIG Hires Willis Towers Watson Executive for General Insurance Leadership Role

A former Willis Towers Watson executive is signing on with American International Group to take a leadership role in its General Insurance Unit. Allison Barrett begins at AIG on Dec. 9 as global head ...

AIG CEO Duperreault Cautions Initial 2019 Underwriting Profit Won’t Be ‘A Great One’

American International Group has continued to face General Insurance underwriting losses since President and CEO Brian Duperreault took the helm of the struggling insurer in mid-2017. He remains ...

Zurich Insurance Shares Soar After Q1 Profit Surpasses Expectations

Shares of Zurich Insurance Group AG headed for the biggest gain in more than four years after Switzerland's biggest insurer posted a first-quarter profit that beat analyst expectations. The stock ...

Zurich’s Ratings Stay the Same Despite Projected Q4 Losses: A.M. Best

Zurich Insurance Co. Ltd.'s financial strength rating of A+ (Superior) and issuer credit rating of "aa-" remain unchanged, following preliminary news of more losses to come in the insurer's general ...

Zurich to Slash 440 Jobs at U.K. General Insurance Unit

Zurich Insurance Group AG plans to cut 440 jobs at its U.K. general-insurance unit as part of a cost- cutting program. Zurich is also seeking to simplify its organizational structure, the company ...