American International Group Inc

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18h
Business Wire
U.S. Cyber Insurance Premiums Total $1B Per New Supplemental Filingstatutory supplement data for the U.S. property/casualty (P/C) insurance indust
U.S. Cyber Insurance Premiums Total $1B Per New Supplemental Filing
Business Wire / Posted 18 hours ago
statutory supplement data for the U.S. property/casualty (P/C) insurance industry finds that approximately 120 insurance groups reported writing cyber coverage in 2015 totaling approximately $1 billion in direct written premiums volume. Fitch... Read more
23h
Zero Hedge
August 24targeting reporters at the New York Times by Russian hackers, a person familiar
August 24
Zero Hedge / Posted 23 hours ago
targeting reporters at the New York Times by Russian hackers, a person familiar with the matter told the Financial Times. American International Group Inc is in early talks to sell Lloyd's of London Ltd's operations in Bermuda, as it seeks to meet... Read more
1d
The Globe and Mail
AIG in talks to sell Lloyd’s insurance business to CPPIBAmerican International Group Inc is in early talks to sell Lloyd’s of London Lt
AIG in talks to sell Lloyd’s insurance business to CPPIB
The Globe and Mail / Posted yesterday
American International Group Inc is in early talks to sell Lloyd’s of London Ltd’s insurance operations to Canada Pension Plan Investment Board (CPPIB), the Wall Street Journal reported on Tuesday. If the deal comes through, it could fetch the... Read more
2 related stories
1d
Reuters
AIG in talks to sell Lloyd's insurance business to CPPIBThe AIG logo is seen at its building in New York's financial district March 19,
AIG in talks to sell Lloyd's insurance business to CPPIB
Reuters / Posted yesterday
The AIG logo is seen at its building in New York's financial district March 19, 2015. REUTERS/Brendan McDermid American International Group Inc (AIG.N) is in early talks to sell Lloyd's of London Ltd's [SOLYD.UL] insurance operations to Canada... Read more
2 related stories
1d
Channel NewsAsia
AIG in talks to sell Lloyd's insurance business to CPPIBREUTERS: American International Group Inc is in early talks to sell Lloyd's of
AIG in talks to sell Lloyd's insurance business to CPPIB
Channel NewsAsia / Posted yesterday
REUTERS: American International Group Inc is in early talks to sell Lloyd's of London Ltd's insurance operations to Canada Pension Fund (CPPIB), the Wall Street Journal reported on Tuesday. If the deal comes through, it could fetch the insurance... Read more
2 related stories
8d
Business Wire
AIG Ratings Unaffected By UGC Proposed Sale AnnouncementCHICAGO--(BUSINESS WIRE)--According to Fitch Ratings, all of American Internati
AIG Ratings Unaffected By UGC Proposed Sale Announcement
Business Wire / Posted 8 days ago
CHICAGO--(BUSINESS WIRE)--According to Fitch Ratings, all of American International Group, Inc.'s (AIG) ratings, including the 'A-' Long-Term Issuer Default Rating (IDR) with a Stable Rating Outlook and 'BBB+' senior debt ratings, are unaffected by... Read more
8d
Swissinfo
Arch Sees Issuing Securities in Capital Markets to Fund AIG Dealplans to issue $1.375 billion in securities in the capital markets to help fund
Arch Sees Issuing Securities in Capital Markets to Fund AIG Deal
Swissinfo / Posted 8 days ago
plans to issue $1.375 billion in securities in the capital markets to help fund its purchase of a mortgage insurer from American International Group Inc. Arch could issue debt or preferred shares, or a combination of the two, the Bermuda-based... Read more
8d
Newsmax
Icahn Adds Allergan Stake; Sells Enzon, Seventy Seven HoldingsInc. and Seventy Seven Energy Inc. in the second quarter. Icahn also boosted h
Icahn Adds Allergan Stake; Sells Enzon, Seventy Seven Holdings
Newsmax / Posted 8 days ago
Inc. and Seventy Seven Energy Inc. in the second quarter. Icahn also boosted his stakes in activist targets American International Group Inc. and Xerox Corp., while selling some of his shares in Hertz Global Holdings Inc., Nuance... Read more
2 related stories
9d
Lake Placid News
AIG sells its stake in United Guarantyin United Guaranty to Arch Capital Group in a cash-and-stock deal worth $3.4 bi
AIG sells its stake in United Guaranty
Lake Placid News / Posted 9 days ago
in United Guaranty to Arch Capital Group in a cash-and-stock deal worth $3.4 billion. The move is part of New York-based American International Group Inc.'s ongoing effort to streamline its organization. United Guaranty Corp. is a major private... Read more
11 related stories
9d
Island Packet
AIG sells its stake in United Guarantyin United Guaranty to Arch Capital Group in a cash-and-stock deal worth $3.4 bi
AIG sells its stake in United Guaranty
Island Packet / Posted 9 days ago
in United Guaranty to Arch Capital Group in a cash-and-stock deal worth $3.4 billion. The move is part of New York-based American International Group Inc.'s ongoing effort to streamline its organization. United Guaranty Corp. is a major private... Read more
11 related stories
9d
Daily Herald
AIG sells its stake in United Guarantystake in United Guaranty to Arch Capital Group in a cash-and-stock deal worth $
AIG sells its stake in United Guaranty
Daily Herald / Posted 9 days ago
stake in United Guaranty to Arch Capital Group in a cash-and-stock deal worth $3.4 billion. It's part of New York-based American International Group Inc.'s ongoing effort to streamline its organization. United Guaranty Corp. is a major private... Read more
11 related stories
9d
The Globe and Mail
AIG in talks to sell mortgage unit to Arch Capital for $3.4-billionAmerican International Group Inc. is in talks to sell its mortgage insurer, Uni
AIG in talks to sell mortgage unit to Arch Capital for $3.4-billion
The Globe and Mail / Posted 9 days ago
American International Group Inc. is in talks to sell its mortgage insurer, United Guaranty Corp., to Arch Capital Group Ltd. as chief executive officer Peter Hancock works to simplify his company and free up capital to return to shareholders,... Read more
11 related stories
9d
Business Wire
Arch Capital Group Ltd. to Acquire United Guaranty CorporationHAMILTON, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (Nasdaq:ACGL) (Arch
Arch Capital Group Ltd. to Acquire United Guaranty Corporation
Business Wire / Posted 9 days ago
HAMILTON, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (Nasdaq:ACGL) (Arch) today announced that it has entered into a definitive agreement to acquire United Guaranty Corporation (UGC) and AIG United Guaranty Insurance (Asia) Limited from their... Read more
9d
FOX Business
Icahn Adds Allergan Position; Trims Hertz, PayPal Stakesaccording to a filing with the Securities and Exchange Commission Monday. Icahn
Icahn Adds Allergan Position; Trims Hertz, PayPal Stakes
FOX Business / Posted 9 days ago
according to a filing with the Securities and Exchange Commission Monday. Icahn added to his stakes in Xerox Corp. and American International Group Inc. , while trimming positions in Hertz Global Holdings Inc. , PayPal Holdings Inc. , and... Read more
2 related stories
9d
FOX Business
AIG Sells Mortgage-insurance Business To Arch Capital For $3.4 BillionAmerican International Group Inc. announced Monday afternoon that it has agreed
AIG Sells Mortgage-insurance Business To Arch Capital For $3.4 Billion
FOX Business / Posted 9 days ago
American International Group Inc. announced Monday afternoon that it has agreed to sell its United Guaranty Corporation mortgage-insurance business to Arch Capital Group for $3.4 billion. The deal, reported earlier Monday by The Wall Street Journal,... Read more
11 related stories
9d
FOX Business
Icahn Adds Allergan Position; Trims Hertz, PayPal Stakesaccording to a filing with the Securities and Exchange Commission Monday. Icahn
Icahn Adds Allergan Position; Trims Hertz, PayPal Stakes
FOX Business / Posted 9 days ago
according to a filing with the Securities and Exchange Commission Monday. Icahn added to his stakes in Xerox Corp. and American International Group Inc. , while trimming positions in Hertz Global Holdings Inc. , PayPal Holdings Inc. , and... Read more
2 related stories
9d
FOX Business
AIG Sells Mortgage-insurance Business To Arch Capital For $3.4 BillionAmerican International Group Inc. announced Monday afternoon that it has agreed
AIG Sells Mortgage-insurance Business To Arch Capital For $3.4 Billion
FOX Business / Posted 9 days ago
American International Group Inc. announced Monday afternoon that it has agreed to sell its United Guaranty Corporation mortgage-insurance business to Arch Capital Group for $3.4 billion. The deal, reported earlier Monday by The Wall Street Journal,... Read more
11 related stories
9d
Crain's New York Business
AIG CEO to staff: Don't count on job security hereAmerican International Group Inc. Chief Executive Officer Peter Hancock, who is
AIG CEO to staff: Don't count on job security here
Crain's New York Business / Posted 9 days ago
American International Group Inc. Chief Executive Officer Peter Hancock, who is shrinking the company while fighting off an activist investor, told staff that they can't all count on lifetime employment with the insurer, according to people familiar... Read more
9d
Crain's New York Business
AIG announces third-quarter loss and staff cuts as Icahn keeps up the pressureAmerican International Group Inc., the insurer facing pressure from activist sh
AIG announces third-quarter loss and staff cuts as Icahn keeps up the pressure
Crain's New York Business / Posted 9 days ago
American International Group Inc., the insurer facing pressure from activist shareholder Carl Icahn for a breakup, posted a third-quarter loss as investment results deteriorated. The company plans to cut as many as 400 senior-level jobs. The net... Read more
11 related stories
9d
Crain's New York Business
AIG reportedly in talks to sell mortgage insurer United Guaranty Corp.American International Group Inc. is in talks to sell its mortgage insurer, Uni
AIG reportedly in talks to sell mortgage insurer United Guaranty Corp.
Crain's New York Business / Posted 9 days ago
American International Group Inc. is in talks to sell its mortgage insurer, United Guaranty Corp., to Arch Capital Group Ltd. as Chief Executive Officer Peter Hancock works to simplify his company and free up capital to return to shareholders,... Read more
11 related stories
9d
Reuters
AIG nearing deal to sell unit to Arch Capital for $3.4 billionThe AIG logo is seen at its building in New York's financial district March 19,
AIG nearing deal to sell unit to Arch Capital for $3.4 billion
Reuters / Posted 9 days ago
The AIG logo is seen at its building in New York's financial district March 19, 2015. REUTERS/Brendan McDermid American International Group Inc (AIG.N) is nearing a deal to sell its mortgage-guaranty unit to Arch Capital Group Ltd (ACGL.O) for... Read more
11 related stories
9d
Channel NewsAsia
AIG nearing deal to sell unit to Arch Capital for US$3.4 billionREUTERS: American International Group Inc is nearing a deal to sell its mortgag
AIG nearing deal to sell unit to Arch Capital for US$3.4 billion
Channel NewsAsia / Posted 9 days ago
REUTERS: American International Group Inc is nearing a deal to sell its mortgage-guaranty unit to Arch Capital Group Ltd for about US$3.4 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. The companies... Read more
11 related stories
9d
Market Watch
AIG nears deal to sell mortgage-insurance unit to Arch CapitalAmerican International Group Inc. is nearing a deal to sell its mortgage-guaran
AIG nears deal to sell mortgage-insurance unit to Arch Capital
Market Watch / Posted 9 days ago
American International Group Inc. is nearing a deal to sell its mortgage-guaranty unit to Arch Capital Group Ltd. for about $3.4 billion, according to people familiar with the matter, as the insurance giant has been speeding up the return of cash to... Read more
11 related stories
13d
Market Watch
Bill Miller formally severs ties with Legg Masonand fleeing investors shrank its assets to $2.8 billion from $21 billion. He di
Bill Miller formally severs ties with Legg Mason
Market Watch / Posted 13 days ago
and fleeing investors shrank its assets to $2.8 billion from $21 billion. He didn’t cut his losses on financial firms like Bear Stearns Cos. and American International Group Inc. AIG, +0.54% , which were then nearly wiped out. More from Market... Read more
5 related stories
15d
Business Wire
AIG Introduces Its Design and Construction Phase Risk Mitigation Service for Luxury Homes into Canadaprojects with budgets of $5 million or more. This first-of-its-kind program in
AIG Introduces Its Design and Construction Phase Risk Mitigation Service for Luxury Homes into Canada
Business Wire / Posted 15 days ago
projects with budgets of $5 million or more. This first-of-its-kind program in Canada is available to AIG Private Client Group clients who are embarking on new residential construction or a significant home renovation project. AIG Private Client... Read more
16d
Business Insurance
National division to focus on longshoremen and harbor workersnamed director of underwriting for longshoreman and harbor workers. Previously,
National division to focus on longshoremen and harbor workers
Business Insurance / Posted 16 days ago
named director of underwriting for longshoreman and harbor workers. Previously, Mr. Ritchie was western region manager at American International Group Inc. “We are excited to establish a national division and build upon a platform for Key Risk to... Read more
16d
Business Insurance
AIG sells majority stake in managing general agentAmerican International Group Inc. has agreed to sell a controlling stake in NSM
AIG sells majority stake in managing general agent
Business Insurance / Posted 16 days ago
American International Group Inc. has agreed to sell a controlling stake in NSM Insurance Group to private equity investment firm, ABRY Partners. Terms were not disclosed. Conshohocken, Pennsylvania-based NSM Insurance Group is a managing general... Read more
17d
Market Watch
Catastrophe bonds shake up insurance industrytoo many people die in a pandemic. Others cover the opposite problem of people
Catastrophe bonds shake up insurance industry
Market Watch / Posted 17 days ago
too many people die in a pandemic. Others cover the opposite problem of people living beyond their expected lifetimes. An American International Group Inc. AIG, +2.59% unit sold cat bonds this spring to insure itself against a potential rash of... Read more
21d
Newsmax
Buffett's Berkshire Said to Draw Fed Scrutiny Over Wells Fargo Investmentfinancial system. After the 2008 financial crisis, the government slapped such
Buffett's Berkshire Said to Draw Fed Scrutiny Over Wells Fargo Investment
Newsmax / Posted 21 days ago
financial system. After the 2008 financial crisis, the government slapped such risk labels on insurance giants including American International Group Inc. and Prudential Financial Inc., which subjects the companies to tougher oversight and will... Read more
2 related stories
21d
Business Insurance
AIG shows signs of turnaround with profit increaseAmerican International Group Inc.’s higher second-quarter profit may signal a t
AIG shows signs of turnaround with profit increase
Business Insurance / Posted 21 days ago
American International Group Inc.’s higher second-quarter profit may signal a turning point in the insurer’s efforts to revamp its operations and improve results, analysts say. The second quarter, the first full quarter since AIG announced its... Read more
22d
Business Insurance
AIG profit beats estimates on lower costs, shares rise(Reuters) — American International Group Inc., the largest commercial insurer i
AIG profit beats estimates on lower costs, shares rise
Business Insurance / Posted 22 days ago
(Reuters) — American International Group Inc., the largest commercial insurer in the United States and Canada, reported an operating profit that beat analysts’ estimate, driven by lower costs and strong underwriting during the quarter. Shares of the... Read more
2 related stories
22d
Reuters
AIG profit beats estimates on lower costs, shares riseThe ticker information for insurance company American International Group Inc.,
AIG profit beats estimates on lower costs, shares rise
Reuters / Posted 22 days ago
The ticker information for insurance company American International Group Inc., (AIG) is displayed on a screen above the post where it is traded on the floor of the New York Stock Exchange November 4, 2015. American International Group Inc (AIG.N),... Read more
2 related stories
22d
FOX Business
AIG Shares Advance After Q2 EPS BeatAmerican International Group Inc. shares rose late Tuesday after the insurer re
AIG Shares Advance After Q2 EPS Beat
FOX Business / Posted 22 days ago
American International Group Inc. shares rose late Tuesday after the insurer reported better-than-expected second-quarter results. AIG said it earned $1.9 billion, or $1.68 a share, in the second quarter, compared with $1.8 billion, or $1.32 a share,... Read more
2 related stories
22d
FOX Business
AIG Gets Profit Boost From Falling CostsAmerican International Group Inc, the largest commercial insurer in the United
AIG Gets Profit Boost From Falling Costs
FOX Business / Posted 22 days ago
American International Group Inc, the largest commercial insurer in the United States and Canada, reported a 6.3 percent rise in quarterly profit as costs fell 16.3 percent. The company's net income rose to $1.91 billion, or $1.68 per share, for the... Read more
3 related stories
22d
FOX Business
AIG Shares Advance After Q2 EPS BeatAmerican International Group Inc. shares rose late Tuesday after the insurer re
AIG Shares Advance After Q2 EPS Beat
FOX Business / Posted 22 days ago
American International Group Inc. shares rose late Tuesday after the insurer reported better-than-expected second-quarter results. AIG said it earned $1.9 billion, or $1.68 a share, in the second quarter, compared with $1.8 billion, or $1.32 a share,... Read more
2 related stories
22d
FOX Business
AIG Gets Profit Boost From Falling CostsAmerican International Group Inc, the largest commercial insurer in the United
AIG Gets Profit Boost From Falling Costs
FOX Business / Posted 22 days ago
American International Group Inc, the largest commercial insurer in the United States and Canada, reported a 6.3 percent rise in quarterly profit as costs fell 16.3 percent. Continue Reading Below The company's net income rose to $1.91 billion, or... Read more
3 related stories
22d
Channel NewsAsia
AIG profit rises 6.3 percent as costs fallREUTERS: American International Group Inc , the largest commercial insurer in t
AIG profit rises 6.3 percent as costs fall
Channel NewsAsia / Posted 22 days ago
REUTERS: American International Group Inc , the largest commercial insurer in the United States and Canada, reported a 6.3 percent rise in quarterly profit as costs fell 16.3 percent. The company's net income rose to US$1.91 billion, or US$1.68 per... Read more
3 related stories
22d
Market Watch
AIG's profit rises, despite lower premium volumesAmerican International Group Inc. posted a 6.3% increase in net income for the
AIG's profit rises, despite lower premium volumes
Market Watch / Posted 22 days ago
American International Group Inc. posted a 6.3% increase in net income for the second quarter as it deliberately shrank the amount of insurance sold, part of a strategy to bolster returns and satisfy activist investors. The global insurance... Read more
22d
Market Watch
AIG shares advance after Q2 EPS beatAmerican International Group Inc. AIG, -0.13% shares rose late Tuesday after th
AIG shares advance after Q2 EPS beat
Market Watch / Posted 22 days ago
American International Group Inc. AIG, -0.13% shares rose late Tuesday after the insurer reported better-than-expected second-quarter results. AIG said it earned $1.9 billion, or $1.68 a share, in the second quarter, compared with $1.8 billion, or... Read more
2 related stories
22d
Market Watch
What to expect from AIG earningsAmerican International Group Inc. is slated to report its second-quarter result
What to expect from AIG earnings
Market Watch / Posted 22 days ago
American International Group Inc. is slated to report its second-quarter results after markets close Tuesday. Earnings-per-share expectations are going to be less important than the information the company divulges about what's ahead in its... Read more
23d
Zero Hedge
Global Shares Slide As Japan Stimulus Disappoints, RBA Underwhelems, Italy Bank Fears Returnforecast to show continued expansion for June. Earnings will also be in focus,
Global Shares Slide As Japan Stimulus Disappoints, RBA Underwhelems, Italy Bank Fears Return
Zero Hedge / Posted 23 days ago
forecast to show continued expansion for June. Earnings will also be in focus, with companies including Pfizer Inc. and American International Group Inc. posting results. About 57 percent of S&P 500 members that have reported so far beat sales... Read more
24 related stories
23d
Business Insurance
AIG unit wins coverage dispute over crime policyby RMNOA357/SHUTTERSTOCK.COM An oil refining company is not entitled to covera
AIG unit wins coverage dispute over crime policy
Business Insurance / Posted 23 days ago
by RMNOA357/SHUTTERSTOCK.COM An oil refining company is not entitled to coverage under its crime policy issued by an American International Group Inc. unit because there is no evidence that forged letters of credit also involved “unlawful... Read more
23d
Business Insurance
Internet of things set to revolutionize insurance worldrisk managers and others must prepare, according to an insurance executive. Br
Internet of things set to revolutionize insurance world
Business Insurance / Posted 23 days ago
risk managers and others must prepare, according to an insurance executive. Brian Murdock, Atlanta-based managing director of Georgia, Alabama and Tennessee at American International Group Inc., termed the rapidly developing technology as “s... Read more
24d
Naked Capitalism
Dumb Money Watch: ZIRP-Starved Insurers Beefing Up in Lending as Banks Exit the Poolare constrained by post-2008 rules that make it tougher for them to extend loan
Dumb Money Watch: ZIRP-Starved Insurers Beefing Up in Lending as Banks Exit the Pool
Naked Capitalism / Posted 24 days ago
are constrained by post-2008 rules that make it tougher for them to extend loans. So companies such as MetLife Inc. and American International Group Inc. are grasping more market share. While many insurers have been in the commercial real-estate... Read more
25d
Business Insurance
Q&A: Francie Starnes, Worldwide Broker NetworkBroker Network on Aug. 1, joined WBN as president and chief operating officer i
Q&A: Francie Starnes, Worldwide Broker Network
Business Insurance / Posted 25 days ago
Broker Network on Aug. 1, joined WBN as president and chief operating officer in July 2015 after a 23-year career at American International Group Inc. Members of the international network of independent insurance brokers and employee benefits... Read more
27d
Business Insurance
Marsh & McLennan posts higher revenue, profitaddition, Mr. Glaser said that he was “excited” about the “addition of top-flig
Marsh & McLennan posts higher revenue, profit
Business Insurance / Posted 27 days ago
addition, Mr. Glaser said that he was “excited” about the “addition of top-flight leadership talent” with hiring of former American International Group Inc. executive John Doyle to serve as president of Marsh L.L.C. and former Willis Re Inc.... Read more
27d
Business Insurance
AIG adds Brexit coverage to D&O policyPhoto by RMNOA357/SHUTTERSTOCK.COM American International Group Inc.'s U.K. un
AIG adds Brexit coverage to D&O policy
Business Insurance / Posted 27 days ago
Photo by RMNOA357/SHUTTERSTOCK.COM American International Group Inc.'s U.K. unit has added coverage to its directors and officers liability policy for the cost of legal challenges associated with the U.K.'s vote to leave the European Union. AIG... Read more
28d
Business Insurance
AIG unit must reimburse policyholder for oil field accident settlementoil and gas companies from contractually shifting liability to others for their
AIG unit must reimburse policyholder for oil field accident settlement
Business Insurance / Posted 28 days ago
oil and gas companies from contractually shifting liability to others for their own negligence does not absolve an American International Group Inc. unit from reimbursing a drilling company for an accident settlement, says an appeals court... Read more
29d
Market Watch
Chubb operating earnings soar on premium growthacross the industry. Other insurers with exposure to the Fort McMurray wildfir
Chubb operating earnings soar on premium growth
Market Watch / Posted 29 days ago
across the industry. Other insurers with exposure to the Fort McMurray wildfires include global insurance conglomerate American International Group Inc., which reports Aug. 2, and Allstate Corp., which reports on Aug. 4, according to... Read more
m
FOX Business
Travelers Operating Earnings Fall 20%to the Fort McMurray wildfires include Chubb Ltd., which reports its results We
Travelers Operating Earnings Fall 20%
FOX Business / Posted 1 months ago
to the Fort McMurray wildfires include Chubb Ltd., which reports its results Wednesday; global insurance conglomerate American International Group Inc., which reports Aug. 2 and Allstate Corp., which reports on Aug. 4, according to... Read more
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