Latest AIG Headlines

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

People Moves; Platinum Specialty Adds Gilreath; AIG’s Connelly to IICF SE Board Chair

Jun 16 2021 // Platinum Specialty Underwriters Platinum Specialty Underwriters, an XPT company, has added transportation expert Malcolm Gilreath as vice president of Underwriting. He is based in Platinum’s Plano, Texas...

Major UK Asset Manager Divests from Insurer AIG over Climate Policies

Jun 15 2021 // Legal & General Investment Management will sell holdings in four companies including U.S insurer American International Group Inc. after deeming they’re making insufficient progress on addressing climate change...

People Moves: Safety National Signs O’Grady; MMC’s McMillan Joins AIG Investor Relations

Jun 9 2021 // O’Grady Joins Safety National’s Large Casualty Unit Safety National announced that Tim O’Grady joined the company as vice president for underwriting in the company’s large casualty division, which...

People Moves: Hippo Adds Executives from Chubb, AIG, Tower Hill, Weston; Hub Names Rutt to Lead Cannabis

Jun 3 2021 // Hippo Names Executives Bienek, Primerano, Stienstra, Donahue Home insurer Hippo announced four executive appointments to its insurance team as it prepares to go public. Tim Bienek, Hippo’s chief insurance strategy...

People Moves: Hannover Re’s Bruns to Peak Re; AIG’s Nagra to BHSI; 4 Mosaic Hires

May 17 2021 // This wrap-up of international People Moves details recent appointments at Peak Reinsurance, Berkshire Hathaway Specialty Insurance and the new Bermuda-based insurer Mosaic. A summary of these new hires follows here. Peak...

AIG Reports Strong First Quarter

May 7 2021 // American International Group (AIG) reported strong underwriting and investment results in in its General Insurance and its Life and Retirement divisions, despite catastrophe losses from winter storms and Covid-19 mortality...

People Moves: AIG Names BlackRock’s Wade as Digital Chief; Great American Promotes DeSoto; AXIS Adds to Cyber; Cover Genius Adds Execs

Apr 5 2021 // American International Group announced that Claude E. Wade will join the company in the second quarter of 2021 in the newly created role, executive vice president, global head of Operations and Chief Digital Officer,...

People Moves: Institutes’ Horowitz; Rizzuto from Travelers to IAT; BHSI Adds AIG’s Freid; Ryan Re Leaders

Mar 17 2021 // Horowitz Promoted at The Institutes Katherine Horowitz has been promoted to executive vice president and head of Business Units at The Institutes. Horowitz will oversee the growth and strategic direction of multiple...

21-Year AIG Veteran Tatulli Joins Berkshire Hathaway Specialty Executive Lines

Mar 10 2021 // Berkshire Hathaway Specialty Insurance (BHSI) has named Anthony Tatulli as head of Executive & Professional Lines for North America. He will have overall underwriting responsibility for Directors and Officers...

Climate Change Activists ‘Welcome’ AIG CEO Zaffino; EU Urges More Insurance

Mar 4 2021 // Climate change is weakening the ocean currents that shape weather on both sides of the Atlantic. The Atlantic Meridional Overturning Circulation during the 20th century has weakened more than at any other time over the...

AIG Hikes Rates Up to 45%; Reports Interest in Life/Retirement Unit Sale

Feb 18 2021 // 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 as its new chief...

AIG Sees ‘Continued Progress’ Despite P/C Underwriting Loss of $171 Million in Q4

Feb 17 2021 // 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...

Zaffino to Succeed Duperreault as CEO of AIG March 1

Feb 16 2021 // American International Group (AIG) has officially named Peter S. Zaffino as chief executive officer, succeeding Brian Duperreault, AIG’s current CEO, who will become executive chairman of the board. Both moves are...

Former NFL Player Suing AIG Over California Burglary

Jan 12 2021 // Former NFL player Antonio Gates and his wife, Sasha Gates, are suing their homeowners insurer, AIG Property Casualty Co., accusing them of delaying coverage and ignoring their claim for insurance policy benefits after a...

Applied Underwriters Continues Major Expansion with D&O Unit Headed by AIG’s McGill

Jan 4 2021 // Fast-growing specialty lines insurer Applied Underwriters announced the creation of a U.S. based division of its Applied Financial Lines business unit to provide directors and officers (D&O) coverages in the U.S. The...

Applied Underwriters Hires 3 from AIG to Lead New Fine Art and Collectibles Unit

Dec 28 2020 // Insurer Applied Underwriters has named three executives from AIG’s Private Client Group to develop its new Applied Fine Art and Collectibles business unit that is based in New York. Ronald Fiamma will serve as...

AIG’s Sharpe Named Head of AGCS’ Distribution Unit as Restructure Continues

Dec 10 2020 // Allianz Global Corporate & Specialty (AGCS) has appointed Jeremy Sharpe to lead its Global Distribution unit, taking over this role from Patrick Thiels. Thiels will now lead AGCS’s Mediterranean & Africa...

UK Insurer Aviva Appoints AIG’s Winslow as CEO of International

Dec 7 2020 // Aviva announced the appointment of Adam Winslow as CEO of International. This is a new role at Aviva and Winslow will join the group executive committee, reporting to Amanda Blanc. Winslow will join Aviva in January and...

Chubb’s Keogh Adds Title of President to Chief Operating Officer

Dec 3 2020 // Global insurer Chubb announced that John Keogh, executive vice chairman of Chubb Group and chief operating officer, has been appointed president and chief operating officer, effective immediately. Keogh will continue to...

Distinguished Programs Adds AIG’s Schleich as Midwest Regional Sales Executive

Nov 13 2020 // Distinguished Programs, a national insurance program manager, has added Mike Schleich as regional sales executive covering the North Central Territory. This region includes Indiana, Michigan, Ohio, and Kentucky, as well...