Articles
Insurance
American International Group (AIG) had a disappointing start to 2018 as results missed expectations and caused the share price to dive, but CEO Brian Duperreault promised during the May 3 first quarter 2018 results call that the company is on track to address the issues in general insurance and deliver double-digit return on equity (ROE). 9 May 2018
Insurance
The insurer has refreshed its board of management following the departure of two key members. 25 September 2020
Insurance
American International Group (AIG) has appointed David McElroy as CEO of its surplus lines insurer Lexington Insurance Company. 2 August 2018
Insurance
Following multiple quarters of missed earnings, American International Group’s (AIG’s) large third quarter cat losses will further weigh on investor sentiment, Morgan Stanley said in a note. 20 October 2018
Insurance
Norwegian aluminium and renewable energy company Norsk Hydro, which suffered a severe ransomware attack last week, has estimated that total losses from the incident have already reached 300-350 Norwegian crowns (nearly $40 million). 27 March 2019
Insurance
American International Group (AIG) is selling 19.9 percent of its legacy portfolio DSA Re to private equity firm The Carlyle Group. 1 August 2018
Insurance
AIG Europe reported a pre-tax loss of £431.5 million for 2017 (ending Nov. 30, 2017) after a negative £171.1 million in the 2016 financial year. 18 May 2018
Insurance
AIG is selling 5,674,200 shares in Arch Capital Group with a total value of $502.5 million. 13 March 2018
Insurance
C-Quence, a new insurtech managing general agent (MGA) with a commercial insurance trading and underwriting platform, has strengthened its underwriting team with senior hires from Chubb and AIG. 15 February 2019
Insurance
The industrial insurer has appointed a new leader for its South African subsidiary HDI Global SA. 30 April 2020
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