Latest AIG Headlines

All the headlines from our AIG Topic Page, ordered by recency.

AIG: Net-Zero Greenhouse Gas Emissions in Underwriting, Investments by 2050

Mar 1 2022 // American International Group said it is committing to net-zero greenhouse gas emissions within its underwriting and investment portfolios by 2050. “AIG is focused on the realities of climate change,” said Peter...

AIG to Move High Net Worth Homeowners to E&S

Feb 17 2022 // Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of natural catastrophes has led to a decision to move the high-net worth...

AIG Returns to Profit on Improved P/C Insurance Underwriting, Lower Catastrophes

Feb 17 2022 // Global insurer American International Group (AIG) reported strong fourth quarter and year-end results led by the performance of its General Insurance business. After reporting a net loss of $60 million in the fourth...

People Moves: Hamilton Names AIG’s Friston for Financial Lines; WTW Hires Marsh’s Baker for FINEX Banking; Howden Re Taps Berkley Re’s Pike for Treaty Reinsurance

Jan 19 2022 // This edition of International People Moves details appointments at Hamilton Re, Willis Towers Watson and Howden Re. A summary of these new hires follows here. Hamilton Appoints AIG’s Friston for Financial Lines...

People Moves: Renaissance Hires Jackson; AIG’s Berlini Moves to Berkshire; NCC Names Darragh as President

Jan 6 2022 // Renaissance Alliance Hires Jackson as SVP Renaissance Alliance, which helps insurance agencies grow, has named Lorenzo Jackson senior vice president and New York sales leader. Jackson recently served as Great Lakes region...

People Moves: Chubb Changes Commercial P/C Leadership; BHSI Promotes Meyer in Life Sciences; AIG Adds Hunter to ESG; J.D. Power Hires Ellingsworth

Dec 20 2021 // Chubb Bolsters Leadership in its North America Commercial P/C Businesses Chubb has changed the leadership in its North America commercial property and casualty businesses with two new appointments, strengthening its...

WTW Hires AIG’s Dasan for Construction, Natural Resources; Bogardus Named Chubb’s President for Singapore; AXA XL’s Muzeya Joins Mosaic as Financial Institutions U/W

Dec 8 2021 // This edition of International People Moves details appointments at Willis Towers Watson, Chubb and Mosaic Insurance. A summary of these appointments follows here. WTW Hires AIG’s Dasan for Construction and Natural...

People Moves: Mosaic Launches London M&A Team, Hiring From Liberty Mutual, AIG; BHSI Promotes 2 in UK; Marsh’s Dubreuil to MGA Alta Signa in Brussels

Nov 23 2021 // This edition of International People Moves details appointments at Mosaic Insurance, Berkshire Hathaway Specialty Insurance and MGA Alta Signa Europe. A summary of these new hires follows here. Mosaic Launches London...

AIG Europe’s Chief Executive Expects Slowdown in Insurance Rate Rises

Nov 5 2021 // Insurance premium rates are likely to continue to climb in Europe, the Middle East and Africa in 2022, but probably at a slower clip, the chief executive of AIG Europe said at the Reuters Future of Insurance Europe...

AIG’s Strong Q3 ‘Validates Strategy,’ Says CEO Zaffino

Nov 5 2021 // 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 produced $1.7...

AIG Completes Sale of Stake in Life & Retirement Unit to Blackstone

Nov 2 2021 // American International Group and Blackstone said they have closed on the previously disclosed transaction for Blackstone to acquire a 9.9% equity stake in AIG’s Life & Retirement business and for Blackstone to...

AIG Announces Senior Leadership Changes; Readies for Life & Retirement Unit Spinoff

Oct 26 2021 // Insurer American International Group announced senior leadership changes that it says strengthen the organization to deliver on its main priorities including the separation of the Life & Retirement business. AIG...

People Moves: AIG CEO Zaffino Adds Chairman Role; C&F Names Sussman President of Credit; CRC’s Dadi Joins AXIS

Sep 8 2021 // AIG Zaffino Named Chairman as Duperreault to Retire American International Group announced that Peter Zaffino, president and chief executive officer, will assume the additional role of chairman of the board of directors,...

People Moves: Former Hamilton Execs Glover, White to Mosaic; Alta Signa Hires AIG’s Lange as Snr. U/W; BHSI Names QBE’s Gállegos as Mgr. for Spain

Sep 2 2021 // This edition of International People Moves details appointments at Mosaic Insurance with London-based roles, MGA Alta Signa with a role in Germany, and Berkshire Hathaway Specialty Insurance in Spain. A summary of these...

People Moves: Swiss Re Corporate Solutions Hires AIG’s Blattner-Hoyle to Lead Trade Finance; QBE Names AXA XL’s France as Head of Property, Europe

Aug 10 2021 // This edition of International People Moves covers appointments at two insurers: Swiss Re Corporate Solutions and QBE European Operations. A summary of these new hires follows here. Swiss Re Corporate Solutions Names...

Rate Hikes, Investments Help AIG Get Back to Profit in Q2

Aug 6 2021 // 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 property/casualty business. The...

People Moves: Hartford Names Burns to Lead Marketing/Comms; Beazley Promotes Beerli for Specialty Risks, U.S. Programs; Purtill Is CRO at AIG

Aug 3 2021 // Hartford Names Burns as Head of Marketing and Comms, Succeeding Bromage The Hartford has appointed Claire Burns chief marketing and communications officer, effective Sept. 1. Claire Burns Burns will report directly to...

AIG Employees to Return to Offices on Sept. 14 With Safety Measures

Jul 22 2021 // American International Group Inc., one of the largest U.S. insurers, has set Sept. 14 as its global return-to-office date, Chief Executive Officer Peter Zaffino told employees on Wednesday in a memo seen by...

AIG Plans Sale of Life Business to Blackstone and in IPO

Jul 14 2021 // American International Group Inc. plans to use an IPO to sell part of its life and retirement business, while Blackstone Group Inc. agreed to buy a sizeable stake, according to a person familiar with the matter. AIG and...

AIG Releases Its First Environmental, Social and Governance Report

Jul 1 2021 // The International Renewable Energy Agency says a surge in private lending for renewable energy projects this decade is a must in order to meeting global targets to limit the rise of temperatures worldwide. That’s...