Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
Acordia Uses CoverageConnect Technology to Connect with AIG
Jan 28 2002 // Chicago-based insurance broker Acordia Inc. has announced the installation of a real-time link with AIG using CoverageConnect web-based insurance diagnostic, quoting and binding application software. Acordia has been...
AIG Chairman to Speak at Salomon Smith Barney Financial Services Conference
Jan 28 2002 // American International Group, Inc. (AIG) Chairman M. R. Greenberg will speak at the Salomon Smith Barney Financial Services 2002 Conference on Tuesday, Jan. 29 at 9:00 a.m. EST. A live audio webcast of Greenberg’s...
AIG Pulls Out of Hyundai Securities Deal
Jan 18 2002 // American International Group has terminated its efforts to reach an agreement with the South Korean Government and the management of Hyundai Investment Trust & Securities to acquire the securities broker and two...
AIG Global Trade and Political Risk Insurance Introduces Coverage for Middle Market Companies
Jan 11 2002 // AIG Global Trade and Political Risk Insurance Company, a member company of American International Group Inc. (AIG) has introduced a new political risk insurance coverage for small and mid-sized companies. AIG...
AIU Launches New Global P/C Web Site
Jan 9 2002 // AIG’s principal international property-casualty division, American International Underwriters (AIU) announced the launch of www.aiu.com, “a comprehensive Internet resource designed to provide AIU’s...
AIG Private Client Group Offers EPLI to Domestic Help Employers
Jan 8 2002 // American International Group Inc. (AIG) announced that AIG Private Client Group, a division of the American International Companies, is offering employment practices liability coverage to protect individuals against...
AIG, Hyundai Accord Delayed Until March
Dec 31 2001 // The obstacles separating the consortium led by American International Group and South Korea’s Hyundai Securities have proven more intractable than anticipated, preventing the groups from concluding their long running...
A.M. Best Assigns AWAC an ‘A+ (Superior)’ Rating
Dec 20 2001 // A.M. Best has assigned an initial financial strength rating of A+ (Superior) to Bermuda-based Allied World Assurance Company Ltd. (AWAC), the insurer formed in November by American International Group, Chubb Insurance...
Report AIG to Receive 4 New Licenses in China, Then 100% Ownership To End
Dec 10 2001 // Following up on earlier reports (See IJ Website, Dec.7), the Wall Street Journal has indicated that Chinese Premier Zhu Rongji and American International Group’s CEO Maurice “Hank” Greenberg have...
Report Compromise in EU, AIG Dispute Over China Branches
Dec 7 2001 // Of the hundreds of compromises and agreements reached before China was formally admitted to the World Trade Organization last month, one dispute stubbornly refused to go away – the clash between American...
AIG, U.S. Chamber of Commerce Announce Initiatives
Dec 6 2001 // American International Group, Inc. (AIG) and the United States Chamber of Commerce announced a number of initiatives to provide Chamber members with comprehensive resources to obtain business insurance and employee...
AIG’s Greenberg, Lloyd’s Riley Meet for Talks
Nov 29 2001 // Maurice “Hank” Greenberg, the CEO of American International Group and Lloyd’s Chairman Saxon Riley met yesterday at a ceremony marking the opening of a new AIG-backed syndicate at Lloyd’s. They were...
AIG, Chubb, Goldman Sachs Establish New $1.5 Billion Bermuda Insurer
Nov 27 2001 // American International Group and Chubb Corp. have joined with GS Capital Partners 2000, L.P., an investment fund managed by Goldman Sachs & Co.to establish Allied World Assurance Holdings Ltd. with a total equity...
New Problems for AIG, Hyundai Deal
Oct 23 2001 // The rocky negotiations between Korea’s Hyundai Group, and a consortium of investors headed by American International Group, who are seeking to acquire three Hyundai investment units, including its publicly traded...
AIG, Eureko Ally To Offer Multinational Employee Benefits
Oct 19 2001 // American International Group and the European insurance consortium Eureko Alliance have agreed to form a cooperative venture to market and service multinational employee benefits programs worldwide. They plan to establish...
AIG Expects Claims to Rise from WTC
Oct 12 2001 // AIG, the world’s largest insurer by market value, is now expecting $800 million in claims from the World Trade Center before taxes and net of reinsurance, Chairman Maurice Greenberg said in a conference...
AIG eBusiness Risk Solutions Offers New Coverage
Oct 10 2001 // AIG eBusiness Risk Solutions, a division of the American International Companies, introduced WebMerchantGuard, a new insurance coverage designed for web merchants to address their exposure to credit card fraud. Unlike...
AIG Member Companies Complete Placement of Aviation War Risk and Hijacking Liability Coverage Octob
Oct 8 2001 // American International Group Inc. (AIG) has announced that its member companies have completed the placement, on behalf of the co-insurance market, of aviation war risk and hijacking liability coverage that makes available...
AIG Completes Package for Airlines
Oct 5 2001 // American International Group Inc. has finalized a package to provide $1 billion of coverage per airline for war risk and hijacking liability. Airlines and insurers have been stunned by the Sept. 11 attacks on the United...
AIG To Offer War, Hijack Coverage to Airlines
Sep 26 2001 // American International Group announced its intention to offer coverage to airlines for war and hijacking (terrorist) risks through its member companies with total limits up to $1 billion. The decision comes in response to...
