American International Group Inc will relocate its global headquarters in New York City, moving out of the financial district after more than three decades, the U.S. insurer said on Tuesday. The company will move its headquarters to 1271 Avenue of the Americas and will also consolidate its remaining New York City area footprint between two… Continue reading AIG’s New Headquarters to Move to Midtown Manhattan
Tag: NYC
Mayor Seeks to Flood-Proof Lower Manhattan
New York Mayor Bill de Blasio proposed a $10 billion plan to push out the lower Manhattan coastline as much as 500 feet, or two city blocks, to protect from flooding that’s expected to become more frequent as global temperatures rise. The project would protect the South Street Seaport and the Financial District, along the… Continue reading Mayor Seeks to Flood-Proof Lower Manhattan
Chubb Partners with Impact Forecasting to Develop New Terrorism Risk Model for New York City
Chubb announced on Friday a partnership with Impact Forecasting, Aon’s catastrophe model development center of excellence, to develop a new terrorism risk model for Manhattan in New York City and other dense urban environments. Risk modelling specialists from Chubb and Impact Forecasting are utilizing a unique approach to model terrorism exposures in order to enable… Continue reading Chubb Partners with Impact Forecasting to Develop New Terrorism Risk Model for New York City