News

Insurance

AIG unit Validus Reinsurance plans expansion into Canadian reinsurance market

Bermuda-based Validus Reinsurance, a part of American International Group (AIG), is planning to establish a new reinsurance branch in Canada.   13 March 2019

Insurance

RenRe to acquire AIG’s Validus Re for $3bn, create top-tier global P&C reinsurer

The deal has been approved by RenRe’s board and does not require shareholder approval.   23 May 2023

Insurance

DSA Re deal paves way for AIG legacy divestment

The deal with The Carlyle Group will make it easier for AIG to divest the rest of its DSA Re legacy portfolio, AIG CEO Brian Duperreault said during the group’s second quarter earnings call.   6 August 2018

Insurance

AIG UK chief replaces BPL chair as president of Insurance Institute of London

Anthony Baldwin will be joined by Pool Re and Marsh UK & Ireland chief executive officers as deputy presidents.   28 September 2020

Insurance

AIG launches $6.1m lawsuit in Kim Kardashian robbery case: report

American International Group (AIG) has filed a lawsuit on Wednesday, Oct. 3 in Delaware against Pascal Duvier and his company Protect Security seeking $6.1 million in relation to the Kim Kardashian West robbery, according to BBC News and CNN reports citing court documents.   4 October 2018

Insurance

Everest Insurance hires UK head of transactional risk from AIG

He will be responsible for Everest Global Markets, including Ireland entity and Lloyd’s Syndicate 2786.   12 May 2020

Insurance

AIG CEO promises ‘sense of urgency’ after big Q3 loss

American International Group’s (AIG) chief executive Brian Duperreault said the company is working with a “sense of urgency” and “taking decisive actions across the company” as the business posted another big loss in its third quarter results.   1 November 2018

Insurance

AIG appoints North America property CUO from Swiss Re

American International Group (AIG) has appointed Jamie Miller as North America property chief underwriting officer, general insurance. He joins AIG from Swiss Re.   25 June 2018

Insurance

AIG-backed insurtech Azur uses augmented underwriting to combat inefficiencies

Azur, a managing digital agent (MDA) specialising in the UK's high net worth insurance market, has partnered with technology firm Logical Glue to implement algorithms that it said will enable better risk analysis in order to free up underwriters to focus on more complex risks and broker relationships.   9 May 2019

Insurance

Guy Carpenter hires AIG North America general insurance COO

The executive will join the company's global operations leadership team.   25 March 2020

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