July 24, 2019
Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack in March, the firm said on Tuesday, boosting its shares. The Norwegian company’s stock rose as much as 6% in …
July 22, 2019
American International Group has named Karen L. Ling as executive vice president, chief human resources officer. Ling will lead AIG’s global human resources department and be responsible for aligning AIG’s talent strategy with the company’s long-term strategic, operational and financial …
July 15, 2019
American International Group reported that Tom Parker is joining the company as deputy chief Information Security officer. Parker will work with Rich Baich, AIG’s chief Information Security officer, on global cybersecurity risk management strategies. Parker joins AIG from Accenture Security, …
June 28, 2019
American International Group announced that Shane Fitzsimons is joining the company as global head of Shared Services. This is a newly created role at AIG that establishes a single point of accountability for key operational and financial capabilities across the …
June 26, 2019
A group of former traders and managers at American International Group Inc. won a London judge’s backing in their battle to obtain $100 million dating back to the financial crisis, after he said that the insurance giant couldn’t put forward …
June 21, 2019
Two former American International Group Inc. employees won awards totaling about $10 million after French judges chastised the insurance giant for trying to block the payment of bonuses they’d already earned to cover for its huge losses. The Paris court …
June 6, 2019
American International Group announced leadership appointments in its Global Chief Underwriting Office, adding underwriters with expertise in global property and casualty underwriting. These appointments are effective immediately: Kean Driscoll has been appointed global chief underwriting officer for Property and Agriculture, …
April 8, 2019
Starr Insurance Companies has named Carmella Capitano, senior vice president, as head of primary general casualty-risk management and excess casualty. In this new role, Capitano will lead a team serving organizations with revenues of $400 million or more. She will …
February 28, 2019
American International Group Inc. bought into the People’s Insurance Co. (Group) of China Ltd. as a cornerstone investor in its initial public offering more than six years ago. Since that time — early December 2012 — Hong Kong’s benchmark Hang …
January 8, 2019
CorPro Underwriting Managers has expanded its availability of several new key coverage enhancements under the Private Edge Plus and Not-for-Profit Risk Protector products (directors and officers, employment practices, fiduciary and crime insurance coverages) offered to SME businesses on a national …