American International Group, Inc. (AIG) has entered into definitive agreements to acquire the renewal rights for a majority of Everest Group Ltd.’s retail insurance portfolios worldwide.
Tag: AIG
AIG Announces U.S. Leadership Reshuffle as Don Bailey Retires
AIG has announced a series of leadership changes within its U.S. commercial insurance division following the upcoming retirement of Don Bailey.
AIG Appoints Scott Hallworth as Chief Digital Officer
American International Group, Inc. has announced that Scott Hallworth will be joining AIG as Chief Digital Officer, effective September 1.
UK Court: Insurers Must Honor Claims for Jets Impounded by Russia
London’s High Court has ruled that insurers must honor claims under war-risk policies for 147 aircraft and 16 engines valued at $4.5 billion, retained by Russia following its 2022 invasion of Ukraine.
AIG Reports Strong Start to 2025 With Robust Premium Growth and Capital Returns
Despite elevated catastrophe losses in the quarter, AIG delivered results that reflect the effectiveness of its strategic reinsurance program and operational strength across global markets.
AIG Appoints Ray Hall as Head of Western World
American International Group, Inc. has announced that Ray Hall has been appointed Head of Western World, effective immediately. In his new role, Hall will report directly to Lou Levinson, President and Chief Executive Officer of Lexington Insurance, an AIG company.
AIG Elects Juan Perez to its Board of Directors
American International Group, Inc. — AIG — today announced that Juan Perez, Executive Vice President and Chief Information Officer (CIO) of Salesforce, has been elected to its Board of Directors as an independent Director, effective immediately.
AIG Finalizes Sale of Travel Guard® to Zurich Insurance Group
American International Group, Inc. (AIG) has completed the sale of its global personal travel insurance and assistance business, including the Travel Guard® brand, to Zurich Insurance Group.
AIG Appoints Keith Walsh Executive Vice President, Chief Financial Officer
American International Group, Inc. (AIG) has announced that Keith Walsh will join the company as Executive Vice President, Chief Financial Officer, effective October 21, 2024.
2024 U.S. E&S Market Continues to Grow, But At a Slower Place
The US excess and surplus market (E&S) market continues to grow at a robust rate; however, the yearly pace of growth has slowed, according to an analysis by S&P Global Market Intelligence.
