Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
Insurer AIG Leads Policy for Japan Airlines Plane Involved in Runway Collision: Sources
Jan 3 2024 // U.S. insurer AIG was the lead insurer on a $130 million “all-risks” policy for the Japan Airlines airplane which collided with another plane at Tokyo’s Haneda airport, two insurance industry sources said...
People Moves: Aon Promotes Clarke as Head of Renewables, Global Broking Centre & UK; Markel Hires AIG’s Meek to Lead Cyber Portfolio in Middle East, North Africa
Dec 5 2023 // This edition of International People Moves details appointments at Aon and Markel. A summary of these new hires follows here. Aon Promotes Clarke to Head of Renewables, Global Broking Centre & UK Insurance broker Aon...
People Moves: Ryan Specialty Appoints Nash President of CorRisk Solutions; Dunne Joins AIG Board of Directors
Dec 4 2023 // Ryan Specialty appointed Thomas Nash as president of CorRisk Solutions, the wholesale distribution professional liability managing general underwriter, a part of Ryan Specialty Underwriting Managers. CorRisk is...
People Moves: Markel Says President, COO Cox to Leave Company; Siry Joins Cover Whale as COO and CTO; Glazer Named AIG General Counsel
Dec 1 2023 // Markel, the insurance operations within Markel Group Inc., said Bob Cox, president and chief operating officer, Global Insurance Operations, will be leaving his role December 31, after five years . “Bob joined us...
People Moves: Hagerty to Head US Retail Property at Everest Insurance; AIG Hires Navagamuwa as Chief Information Officer
Nov 20 2023 // Roshan Navagamuwa joins American International Group, Inc. (AIG) in December as executive vice president and chief information officer, effective January 1, 2024. AIG is headquartered in New York, N.Y. Navagamuwa joins AIG...
People Moves: Marsh Promotes Donnelly to Global Head of Placement; Markel Names AIG’s Conyard as Digital & Portfolio Exec in Distribution Team
Nov 6 2023 // This edition of International People Moves details appointments at Marsh and Markel. A summary of these new hires follows here. Marsh Promotes Donnelly to Global Head of Placement John Donnelly Insurance broker Marsh...
AIG Continues to Take Cautious Approach to Excess D&O in North America
Nov 3 2023 // Though American International Group (AIG) saw a turnaround in underwriting income in the third quarter, driven largely by business in North America, the company’s chief executive said financial lines offset...
AIG General Insurance Income Up 82.7% in Q3 on North America Gains
Nov 2 2023 // American International Group (AIG) during the third quarter recorded a 264% increase in underwriting income within its General Insurance segment to $611 million as adjusted pretax income in the segment increased to about...
RenRe Completes $3.3 Billion Acquisition of Validus Re From AIG
Nov 1 2023 // RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Validus Re, the treaty reinsurance business of American International Group. AIG received total consideration of $3.3 billion in cash, including a...
People Moves: Sompo Int’l Taps Generali’s Conde-Salazar for Distribution & Client Relationships, AIG’s Marcén to Lead Professional Lines in Iberia
Oct 23 2023 // Sompo Int’l Taps Generali’s Conde-Salazar for Distribution & Client Relationships, AIG’s Marcén for Professional Lines in Iberia Jose Maria Conde Salazar Sompo International announced two...
People Moves: Allianz Commercial Taps AIG’s Valencia to Lead Portfolio Solutions; Sompo Int’l Taps Allianz’s El Oulhani for Distribution & Client Mgmt. in France
Oct 20 2023 // This edition of International People Moves details appointments at Allianz Commercial and Sompo International. A summary of these new hires follows here. Allianz Commercial Taps AIG’s Valencia to Lead Portfolio...
AIG’s CEO Sees Pandemic, Wars and Climate Change Among Biggest Risks
Oct 20 2023 // American International Group Inc. Chief Executive Officer Peter Zaffino said the biggest challenge to the insurance sector over the last decade has been “unpredictable risks” including the pandemic, wars and...
People Moves: Zurich Nordic Promotes Fritz to CEO; Arch Taps Cyber U/Ws From Tokio Marine and AIG; Liberty Names RSA’s Furlan as Head of Casualty, Europe
Oct 18 2023 // This edition of International People Moves details appointments at Zurich Insurance, Arch Insurance and Liberty Specialty Markets. A summary of these new hires follows here. Zurich Promotes Fritz to CEO Zurich...
People Moves: BHSI Taps Allianz’s Fuertes as Head of Energy and Construction in Spain; Allianz Commercial Hires AIG’s Vagenende to Lead New Benelux & Nordic Region
Oct 12 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Allianz Commercial. A summary of these new hires follows here. BHSI Taps Allianz’s Fuertes as Head...
AIG Makes Leadership Promotions for ‘Next Phase of Profitable Growth’
Oct 12 2023 // American International Group (AIG) on Oct. 11 announced three significant appointments within its executive leadership team. David McElroy, currently chief executive officer of General Insurance, will assume a newly...
People Moves: AIG Appoints Walsh as Executive Vice President and General Counsel
Sep 29 2023 // American International Group announced that Patricia (Trish) Walsh will join AIG as executive vice president and general counsel, effective Dec. 1, 2023. Walsh will report to Peter Zaffino, AIG chairman and chief executive...
People Moves: AIG Appoints Dandridge Chief Marketing, Communications Officer; Heck New NAMIC Chair
Sep 26 2023 // AIG Appoints Dandridge EVP and Chief Marketing & Communications Officer American International Group, headquartered in New York, N.Y., hired Edward L. Dandridge as executive vice president and chief marketing and...
Aviva Agrees to Acquire AIG’s UK Protection Business for $563 Million
Sep 25 2023 // Aviva said on Monday it had agreed to buy the UK life insurance business of AIG for 460 million pounds ($563 million), in the largest acquisition to date by the British insurer’s CEO Amanda Blanc. Aviva said it would...
People Moves: Fato to Assume Newly Created Vice Chair Role at AIG; Johnson Joins Insurance Quantified as Strategic Advisor
Sep 8 2023 // Fato to Assume Newly Created Vice Chair Role at AIG Lucy Fato, executive vice president, general counsel and global head of communications and government affairs at American International Group (AIG), will transition to...
People Moves: BHSI Names AIG’s Bidmead for Transactional Liability; TransRe Announces Group of Promotions; CNA Hardy Appoints Sr. Underwriters for UK Marine
Aug 8 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Trans Re and CNA Hardy. A summary of these new hires follows here. BHSI Names AIG’s Bidmead as Head of...
