Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
AIG Denies Exposure to U.K. Asbestos Claims
May 16 2002 // Americ an International Group, Inc.. issued a statement denying reports that it has substantial asbestos exposure in the UK, which could be triggered by a pending legal decision. “AIG has virtually no substantial...
Insurance Industry Posts Strong Q1 Gains HOW REAL ARE THEY’
May 13 2002 // After suffering its first ever net loss in 2001,an extraordinary and dismal year by anyone’s reckoning, the property/casualty industry finally received some good news as earnings reports for the first quarter of 2002...
Insurance Industry Posts Strong Q1 Gains
May 13 2002 // After suffering its first ever net loss in 2001, an extraordinary and dismal year by anyone’s reckoning, the property/casualty industry finally received some good news as earnings reports for the first quarter of...
AIG’s Terrorism Meeting Focuses on Security
May 10 2002 // In the words of security consultant Brian Jenkins, “There will be further incidents of terrorism.” Jenkins, speaking at AIG’s “Terrorism: The Cost of Risk” meeting in Los Angeles, described...
Walsh Named President, CEO for AIG’s P/C Unit
May 8 2002 // American International Group Inc. (AIG) named vice president Nicholas C. Walsh president and chief executive of AIU, the company’s international property-casualty insurance organization unit, according to Dow...
AIG Elects Sullivan and Tse as Co-chief Operating Officers
May 2 2002 // American International Group, Inc. (AIG) Chairman M.R. Greenberg announced that the AIG Board of Directors has elected Martin J. Sullivan and Edmund S.W. Tse co-chief operating officers of AIG. In addition, the Board has...
Underground Storage Tanks: Word Leaks Out on Cover Enforcement
Apr 15 2002 // Owners and operators of underground petroleum storage tanks are a diverse lot—from global juggernauts such as ExxonMobil, Texaco, and Shell Oil to mom-and-pop gas stations. But all underground storage tank (UST)...
Power Plants
Apr 15 2002 // Nuts & Bolts: American International Group Inc.’s (AIG) American International Companies have introduced AIG PowerBuild (SM), which provides a comprehensive package of insurance products and services designed...
AIG Member Co. Launches New Insurance Processing Solution for P&C Insurers
Mar 29 2002 // American International Technology Enterprises, Inc. (AITE), a member company of the American International Group, Inc. (AIG) and a provider of insurance systems and solutions, introduced WINS® Digital, web-based...
American International Companies Unveils Program for Construction, Power Facilities
Mar 26 2002 // American International Group, Inc. (AIG) announced that the American International Companies has introduced AIG PowerBuild(SM), which provides a comprehensive package of insurance products and services designed for the...
AIG WorldSource to Help Insureds in Food, Beverage and Packaging Industries
Mar 12 2002 // American International Group, Inc. (AIG) announced that AIG WorldSource, a division of the American International Companies, will offer customized product safety and quality audits provided by NSF-Cook & Thurber, a...
Web Enables Agents to Cut Processing Time for Small Business Accounts
Mar 11 2002 // When the prospect of selling insurance over the Internet first reared its head, one of the initial impressions it left was that it posed a threat to independent insurance agents and brokers. Futurists proclaimed a new...
AIG Wants End to FAA’s War-Risk Coverage for Airlines
Mar 11 2002 // Maurice Greenberg, chairman and CEO of American International Group Inc., has undertaken efforts to persuade the Federal Aviation Administration to stop providing war-risk insurance for ground damage to U.S. airlines,...
Web Enables Agents to Cut Processing Time for Small Business Accounts
Mar 11 2002 // When the prospect of selling insurance over the Internet first reared its head, one of the initial impressions it left was that it posed a threat to independent insurance agents and brokers. Futurists proclaimed a new...
AIG Subsidiaries Sue Reinsurer for Sept. 11 Losses
Mar 5 2002 // A group of subsidiaries of American International Group have filed suit in a Manhattan Court against one of AIG’s catastrophe reinsurers, the American National Insurance Co., for purportedly failing to make payment...
AIG Names John Doyle as American Home Assurance President
Mar 4 2002 // Insurer American International Group Inc. named John Doyle as president of American Home Assurance Co. Doyle previously held the title of executive vice president of AIG’s domestic brokerage group. Daniel Glaser,...
AIG Asks FAA to End Provision of War-Risk Coverage to U.S. Airlines
Feb 27 2002 // AIG is putting pressure on the Federal Aviation Administration (FAA) to cease providing war-risk insurance to U.S. airlines with hopes of substituting FAA coverage with its own insurance program, as first reported in the...
Fuji Fire to Receive $256 Million from AIG, Orix
Feb 22 2002 // Japan’s ailing Fuji Fire & Marine Insurance Ltd. has reached an agreement with American International Group, and Orix Corp., Japan’s largest leasing company, to provide additional capital of 34.4 billion...
Tizzio to Replace Greenberg as Bermuda Forum Keynoter
Feb 18 2002 // The World Insurance Forum, which begins in Bermuda tomorrow, will hear a keynote address from American International Group’s Sr. Vice-Chairman Thomas R. Tizzio on Wednesday Feb. 20, rather than AIG’s legendary...
AIG, MarketScout and National Alliance Form
Feb 4 2002 // American International Group, MarketScout and The National Alliance have teamed up to provide special insurance capacity and services for Certified Insurance Counselors via CIC Select at www.cicselect.com. CIC Select was...
