American International Group Inc

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1h
Business Wire
AIG Launches a New Equity Crowdfunding Insurance Product to Protect InvestorsNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) has la
AIG Launches a New Equity Crowdfunding Insurance Product to Protect Investors
Business Wire / Posted an hour ago
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) has launched a new product for the fast-growing global crowdfunding investment industry. This is the first new insurance product developed specifically to protect investors on... Read more
3d
Business Insurance
Federal Reserve to release insurer capital standards soonas systemically important and therefore subject to heightened federal oversight
Federal Reserve to release insurer capital standards soon
Business Insurance / Posted 3 days ago
as systemically important and therefore subject to heightened federal oversight by the Fed. FSOC designate three insurers — American International Group Inc., MetLife Inc. and Prudential Insurance Co. — as SIFIs. MetLife challenged the designation... Read more
4 related stories
3d
The Economic Times
Rules for 'too big to fail' insurance firms coming soon-Fed officialown banks. Under the Dodd-Frank Wall Street reform law, federal regulators can
Rules for 'too big to fail' insurance firms coming soon-Fed official
The Economic Times / Posted 3 days ago
own banks. Under the Dodd-Frank Wall Street reform law, federal regulators can determine that non-bank companies such as American International Group Inc could put the entire financial system in danger if they fail, and require they take certain... Read more
4 related stories
3d
Channel NewsAsia
Fed official: rules for 'too big to fail' insurance firms coming soonown banks. Under the Dodd-Frank Wall Street reform law, federal regulators can
Fed official: rules for 'too big to fail' insurance firms coming soon
Channel NewsAsia / Posted 3 days ago
own banks. Under the Dodd-Frank Wall Street reform law, federal regulators can determine that non-bank companies such as American International Group Inc could put the entire financial system in danger if they fail, and require certain measures,... Read more
4 related stories
3d
Reuters
Fed official: rules for 'too big to fail' insurance firms coming soonown banks. Under the Dodd-Frank Wall Street reform law, federal regulators can
Fed official: rules for 'too big to fail' insurance firms coming soon
Reuters / Posted 3 days ago
own banks. Under the Dodd-Frank Wall Street reform law, federal regulators can determine that non-bank companies such as American International Group Inc (AIG.N) could put the entire financial system in danger if they fail, and require certain... Read more
4 related stories
6d
Business Insurance
AIG general counsel to step downTom Russo will retire as general counsel of American International Group Inc.,
AIG general counsel to step down
Business Insurance / Posted 6 days ago
Tom Russo will retire as general counsel of American International Group Inc., according to an internal memo sent to employees by AIG President and CEO Peter Hancock. Mr. Russo, 72, joined AIG in 2010. He previously served as senior counsel at law... Read more
7d
Reuters
Activist investor Icahn raises stake in AIG by 5.2 percentBusiness Network's Neil Cavuto show in New York February 11, 2014. Activist in
Activist investor Icahn raises stake in AIG by 5.2 percent
Reuters / Posted 7 days ago
Business Network's Neil Cavuto show in New York February 11, 2014. Activist investor Carl Icahn has raised his stake in American International Group Inc (AIG.N) by 5.2 percent, putting him in a better position to pressure the insurer to split... Read more
2 related stories
7d
Channel NewsAsia
Activist investor Icahn raises stake in AIG by 5.2 percentREUTERS: Activist investor Carl Icahn has raised his stake in American Internat
Activist investor Icahn raises stake in AIG by 5.2 percent
Channel NewsAsia / Posted 7 days ago
REUTERS: Activist investor Carl Icahn has raised his stake in American International Group Inc by 5.2 percent, according to a regulatory filing. Icahn, who now owns 44.4 million shares in AIG, has been putting pressure on the insurer for months to... Read more
2 related stories
7d
Business Insurance
Property/casualty insurers weather rough fourth quarterStatutory underwriting gains fell 80.3% to $1.58 billion. The drop reflected in
Property/casualty insurers weather rough fourth quarter
Business Insurance / Posted 7 days ago
Statutory underwriting gains fell 80.3% to $1.58 billion. The drop reflected in part a $3.6 billion reserve charge taken by American International Group Inc. The fourth-quarter results “showed troubling signs of deterioration, with a significant... Read more
12d
Business Wire
AIG Announces Results of Its 2016 Annual Meeting of ShareholdersNEW YORK--(BUSINESS WIRE)--Shareholders of American International Group, Inc. (
AIG Announces Results of Its 2016 Annual Meeting of Shareholders
Business Wire / Posted 12 days ago
NEW YORK--(BUSINESS WIRE)--Shareholders of American International Group, Inc. (NYSE: AIG) today elected sixteen directors at the company's Annual Meeting of Shareholders. The shareholders also voted to support each of the two proposals recommended by... Read more
12d
Business Insurance
AIG CEO cites milestones, goals in speedy annual meetingPhoto by RMNOA357/SHUTTERSTOCK.COM American International Group Inc. is commit
AIG CEO cites milestones, goals in speedy annual meeting
Business Insurance / Posted 12 days ago
Photo by RMNOA357/SHUTTERSTOCK.COM American International Group Inc. is committed to achieving the strategic goals announced in January in the next two years, according to the insurer's top executive. “If one word defines AIG in 2016, it's... Read more
12d
Business Insurance
Bermuda insurer snags AIG exec as chief actuaryArgo Group International Holdings Ltd. Tuesday named former American Internatio
Bermuda insurer snags AIG exec as chief actuary
Business Insurance / Posted 12 days ago
Argo Group International Holdings Ltd. Tuesday named former American International Group Inc. executive Robert Katzman as its chief actuary. Based in New York, Mr. Katzman will be responsible for leading the Hamilton, Bermuda-based insurer and... Read more
12d
Business Insurance
AIG management shake-up aftermathSeveral former American International Group Inc. executives have landed new rol
AIG management shake-up aftermath
Business Insurance / Posted 12 days ago
Several former American International Group Inc. executives have landed new roles within the insurance industry since the financially challenged insurer announced a management shake-up in December. AIG's executive shuffle followed repeated calls from... Read more
12d
Business Insurance
Bermuda insurer snags AIG exec as chief actuaryArgo Group International Holdings Ltd. Tuesday named former American Internatio
Bermuda insurer snags AIG exec as chief actuary
Business Insurance / Posted 12 days ago
Argo Group International Holdings Ltd. Tuesday named former American International Group Inc. executive Robert Katzman as its chief actuary. Based in New York, Mr. Katzman will be responsible for leading the Hamilton, Bermuda-based insurer and... Read more
13d
Business Wire
AIG Announces Streamlined IUL Portfolio and New Educational ToolsHOUSTON--(BUSINESS WIRE)--American International Group (NYSE: AIG) today announ
AIG Announces Streamlined IUL Portfolio and New Educational Tools
Business Wire / Posted 13 days ago
HOUSTON--(BUSINESS WIRE)--American International Group (NYSE: AIG) today announced a streamlined portfolio of index universal life (IUL) insurance products along with new educational resources for financial professionals and their clients. The two... Read more
13d
Business Insurance
Former AIG exec Nikodem lands at EverestErik Nikodem, previously a senior executive at American International Group Inc
Former AIG exec Nikodem lands at Everest
Business Insurance / Posted 13 days ago
Erik Nikodem, previously a senior executive at American International Group Inc., will lead a newly-formed U.S. property insurance division at Everest Insurance Group. Everest, a unit of Hamilton, Bermuda-based Everest Re Group Ltd., said in a... Read more
13d
Business Insurance
AIG unit gets reinsurance for pre-2009 mortgage policiesPhoto by RMNOA357/SHUTTERSTOCK.COM American International Group Inc. said its
AIG unit gets reinsurance for pre-2009 mortgage policies
Business Insurance / Posted 13 days ago
Photo by RMNOA357/SHUTTERSTOCK.COM American International Group Inc. said its mortgage insurance business, United Guaranty Corp., has obtained $298.6 million of indemnity reinsurance from Pembroke, Bermuda-based Bellemeade Re II Ltd. AIG said in... Read more
2 related stories
13d
Business Insurance
AIG unit gets reinsurance for pre-2009 mortgage policiesAmerican International Group Inc. said it mortgage insurance business, United G
AIG unit gets reinsurance for pre-2009 mortgage policies
Business Insurance / Posted 13 days ago
American International Group Inc. said it mortgage insurance business, United Guaranty Corp., has obtained $298.6 million of indemnity reinsurance from Pembroke, Bermuda-based Bellemeade Re II Ltd. AIG said in its Monday announcement that the... Read more
2 related stories
14d
Business Insurance
AIG completes sale of broker-dealer unitAmerican International Group Inc. has completed the sale of its Advisor Group u
AIG completes sale of broker-dealer unit
Business Insurance / Posted 14 days ago
American International Group Inc. has completed the sale of its Advisor Group unit to investment funds affiliated with New York-based private equity firm Lightyear Capital L.L.C. and PSP Investments, one of Canada’s largest pension investment... Read more
14d
Investopedia
3 Financial Companies Not Worth Your Money (AIG, MBIA)in order to avoid bankruptcy were Merrill Lynch Wealth Management, a Subsidiary
3 Financial Companies Not Worth Your Money (AIG, MBIA)
Investopedia / Posted 14 days ago
in order to avoid bankruptcy were Merrill Lynch Wealth Management, a Subsidiary of Bank of America Corp (NYSE: BAC); American International Group, Inc. (NYSE: AIG); Federal National Mortgage Association (OTC: FNMA), known colloquially as... Read more
17d
Business Wire
Lightyear Capital and PSP Investments Complete Purchase of Advisor GroupNEW YORK--(BUSINESS WIRE)--Advisor Group announced today that investment funds
Lightyear Capital and PSP Investments Complete Purchase of Advisor Group
Business Wire / Posted 17 days ago
NEW YORK--(BUSINESS WIRE)--Advisor Group announced today that investment funds affiliated with Lightyear Capital LLC, a New York-based private equity firm focused on financial services investing, and PSP Investments, one of Canada’s largest pension... Read more
18d
Business Insurance
Chubb profit down in first quarter on merger costsbe key to watch how Chubb’s strategy adds to the competitiveness of the industr
Chubb profit down in first quarter on merger costs
Business Insurance / Posted 18 days ago
be key to watch how Chubb’s strategy adds to the competitiveness of the industry and how much it benefits from competitors American International Group Inc. and Zurich Insurance Group Ltd. “trying to repair their own earnings,” he said. Mr.... Read more
18d
Swissinfo
Greenberg Says Steer Clear of Wounded Animals as Rivals FalterJay Gelb about the competition for market share among commercial insurers. Zur
Greenberg Says Steer Clear of Wounded Animals as Rivals Falter
Swissinfo / Posted 18 days ago
Jay Gelb about the competition for market share among commercial insurers. Zurich Insurance Group AG and New York-based American International Group Inc. are among insurers that have reshaped underwriting leadership in recent quarters after... Read more
18d
Newsmax
MetLife to Redeem Most of $1.8 Billion in Hedge Funds Amid SlumpThat focus on free cash flow factored into the decision to cut the hedge-fund i
MetLife to Redeem Most of $1.8 Billion in Hedge Funds Amid Slump
Newsmax / Posted 18 days ago
That focus on free cash flow factored into the decision to cut the hedge-fund investments, Goulart said. Competitor American International Group Inc. is also shifting allocations after posting three straight unprofitable quarters. The... Read more
3 related stories
19d
Business Insurance
Coverage coming for possible Republican convention chaosmillion in damages related to alleged civil rights violations. St. Paul, Minne
Coverage coming for possible Republican convention chaos
Business Insurance / Posted 19 days ago
million in damages related to alleged civil rights violations. St. Paul, Minnesota purchased a $1.1 million policy from American International Group Inc. to cover law enforcement actions against protesters during the 2008 Republican National... Read more
20d
Business Wire
AIG 2016 Annual Meeting Webcast DetailsAmerican International Group, Inc. (AIG) is a leading global insurance organiza
AIG 2016 Annual Meeting Webcast Details
Business Wire / Posted 20 days ago
American International Group, Inc. (AIG) is a leading global insurance organization serving customers in more than 100 countries and jurisdictions. Founded in 1919, today we provide a wide range of property casualty insurance, life insurance,... Read more
20d
Business Insurance
CEO: AIG 'on track' despite $183 million 1Q lossDespite a first-quarter net loss of $183 million, American International Group
CEO: AIG 'on track' despite $183 million 1Q loss
Business Insurance / Posted 20 days ago
Despite a first-quarter net loss of $183 million, American International Group Inc. is making “tangible progress” on a strategic plan announced in January to streamline the company and provide greater returns to shareholders, according to President... Read more
10 related stories
20d
Fortune
Why AIG Is Pulling Money From Hedge FundsAmerican International Group Inc, under fire from investors to improve its perf
Why AIG Is Pulling Money From Hedge Funds
Fortune / Posted 20 days ago
American International Group Inc, under fire from investors to improve its performance, reported a lower-than-expected profit for the third straight quarter as poor returns from hedge funds hurt its investment income. Shares of the biggest U.S.... Read more
10 related stories
21d
Investopedia
AIG Stock Falls After Q1 Earnings Plunge 47% (AIG)Shares of American International Group, Inc. (AIG) declined more than 3.5% in t
AIG Stock Falls After Q1 Earnings Plunge 47% (AIG)
Investopedia / Posted 21 days ago
Shares of American International Group, Inc. (AIG) declined more than 3.5% in the after-hour session Monday, reaching a low of $54.75 after the New York City-based insurer reported first quarter fiscal 2016 earnings results that widely missed Wall... Read more
21d
The Star
AIG profit misses again as weak hedge fund returns weighBengaluru: American International Group Inc, under fire from investors to impro
AIG profit misses again as weak hedge fund returns weigh
The Star / Posted 21 days ago
Bengaluru: American International Group Inc, under fire from investors to improve its performance, reported a lower-than-expected profit for the third straight quarter as poor returns from hedge funds hurt its investment income. Shares of the... Read more
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21d
The Star
Tuesday, May 3with the help of Alibaba’s technology and resources. - StarBiz AIG profit miss
Tuesday, May 3
The Star / Posted 21 days ago
with the help of Alibaba’s technology and resources. - StarBiz AIG profit misses again as weak hedge fund returns weigh: American International Group Inc reported a lower-than-expected profit for the third straight quarter as poor returns from... Read more
21d
Business Insurance
AIG profit misses expectations for 3rd straight quarter(Reuters) — American International Group Inc., the biggest U.S. commercial insu
AIG profit misses expectations for 3rd straight quarter
Business Insurance / Posted 21 days ago
(Reuters) — American International Group Inc., the biggest U.S. commercial insurer by premiums, reported a lower-than-expected quarterly operating profit as income from underwriting and returns on investments declined. It was the third straight... Read more
10 related stories
21d
FOX Business
AIG Profit Misses Expectations For 3rd Straight QuarterAmerican International Group Inc, the biggest U.S. commercial insurer by premiu
AIG Profit Misses Expectations For 3rd Straight Quarter
FOX Business / Posted 21 days ago
American International Group Inc, the biggest U.S. commercial insurer by premiums, reported a lower-than-expected quarterly operating profit as income from underwriting and returns on investments declined. It was the third straight quarter that... Read more
10 related stories
21d
FOX Business
AIG Profit Misses Expectations For 3rd Straight QuarterM – American International Group Inc, the biggest U.S. commercial insurer by pr
AIG Profit Misses Expectations For 3rd Straight Quarter
FOX Business / Posted 21 days ago
M – American International Group Inc, the biggest U.S. commercial insurer by premiums, reported a lower-than-expected quarterly operating profit as income from underwriting and returns on investments declined. Continue Reading Below It was the... Read more
10 related stories
21d
Reuters
AIG profit misses expectations for third straight quarterThe AIG logo is seen at its building in New York's financial district March 19,
AIG profit misses expectations for third straight quarter
Reuters / Posted 21 days ago
The AIG logo is seen at its building in New York's financial district March 19, 2015. American International Group Inc (AIG.N), the biggest U.S. commercial insurer by premiums, reported a lower-than-expected quarterly operating profit as income from... Read more
10 related stories
21d
Channel NewsAsia
AIG profit misses expectations for third straight quarterREUTERS: American International Group Inc , the biggest U.S. commercial insurer
AIG profit misses expectations for third straight quarter
Channel NewsAsia / Posted 21 days ago
REUTERS: American International Group Inc , the biggest U.S. commercial insurer by premiums, reported a lower-than-expected quarterly operating profit as income from underwriting and returns on investments declined. It was the third straight quarter... Read more
10 related stories
21d
Market Watch
AIG profit damaged by hedge-fund lossesAmerican International Group Inc., under intense pressure to boost results in i
AIG profit damaged by hedge-fund losses
Market Watch / Posted 21 days ago
American International Group Inc., under intense pressure to boost results in its core operations to win over restive shareholders, swung to a first-quarter loss, stung primarily by poor performance in hedge funds and other investments. But the... Read more
10 related stories
21d
Business Wire
AIG Board of Directors Declares Common Stock Dividend of $0.32 Per ShareNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) today
AIG Board of Directors Declares Common Stock Dividend of $0.32 Per Share
Business Wire / Posted 21 days ago
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) today announced that its Board of Directors declared a quarterly dividend of $0.32 per share on AIG Common Stock, par value $2.50 per share. The dividend is payable on June 27,... Read more
21d
Business Wire
AIG Reports First Quarter 2016 After-Tax Operating Income of $773 Million or $0.65 Per Diluted ShareNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today
AIG Reports First Quarter 2016 After-Tax Operating Income of $773 Million or $0.65 Per Diluted Share
Business Wire / Posted 21 days ago
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported after-tax operating income of $773 million, or $0.65 per diluted share, for the first quarter of 2016, compared to $1.7 billion, or $1.22 per diluted share, in... Read more
21d
Newsmax
Buffett: Derivatives 'Time Bomb' May Elude Auditors' ReviewsBuffett said. “Anything where discontinuities can exist can be real poison in m
Buffett: Derivatives 'Time Bomb' May Elude Auditors' Reviews
Newsmax / Posted 21 days ago
Buffett said. “Anything where discontinuities can exist can be real poison in markets.” During the 2008 financial crisis, American International Group Inc. wasn’t able to meet obligations to banks after mortgage-related securities plunged in... Read more
21d
Investopedia
AIG Earnings: What to Expect? (AIG)Is it time to bet on a recovery in the American International Group, Inc. (AIG)
AIG Earnings: What to Expect? (AIG)
Investopedia / Posted 21 days ago
Is it time to bet on a recovery in the American International Group, Inc. (AIG)? The New York City-based insurer is scheduled to report first quarter fiscal 2016 earnings results after the market close on Monday. AIG stock, down 9.92% year-to-date,... Read more
22d
Newsmax
Buffett: Hedge Funds Get 'Unbelievable' Fees for Bad Resultsbillion portfolio of hedge funds, determining that the investments didn’t perfo
Buffett: Hedge Funds Get 'Unbelievable' Fees for Bad Results
Newsmax / Posted 22 days ago
billion portfolio of hedge funds, determining that the investments didn’t perform well enough to justify high fees. Insurer American International Group Inc. has announced plans to invest with fewer managers. ‘Supposedly Sophisticated’ “Supposedly... Read more
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22d
Manila Standard Today
LP denies Yasay’s claims against Roxaswas behind the collapse of the pre-need industry because he lobbied strongly fo
LP denies Yasay’s claims against Roxas
Manila Standard Today / Posted 22 days ago
was behind the collapse of the pre-need industry because he lobbied strongly for the revival of the American-owned AIG or American International Group Inc., a life insurance company. “The P27-billion pre-need industry was the direct competitor of... Read more
23d
Manila Standard Today
'Mar killed pre-need industry'was behind the collapse of the pre-need industry because he lobbied strongly fo
'Mar killed pre-need industry'
Manila Standard Today / Posted 23 days ago
was behind the collapse of the pre-need industry because he lobbied strongly for the revival of American-owned AIG, or the American International Group Inc., a life insurance company. “The P27-billion pre-need industry was the direct competitor of... Read more
25d
Business Insurance
Liberty Mutual looks to unbundle insurance, claimschosen by the insured, but with the permission and consent of the insurance com
Liberty Mutual looks to unbundle insurance, claims
Business Insurance / Posted 25 days ago
chosen by the insured, but with the permission and consent of the insurance company.” Other large insurers, such as American International Group Inc., Chubb Ltd. and Zurich Insurance Group Ltd. already offer services on an unbundled... Read more
27d
Business Insurance
AIG-driven venture targets small to medium enterprise marketPhoto by RMNOA357/SHUTTERSTOCK.COM A partnership between American Internationa
AIG-driven venture targets small to medium enterprise market
Business Insurance / Posted 27 days ago
Photo by RMNOA357/SHUTTERSTOCK.COM A partnership between American International Group, Inc. Hamilton Insurance Group Ltd., and affiliates of Two Sigma Investments L.P. will target providing insurance to the small to medium-size enterprise market,... Read more
3 related stories
27d
Market Watch
Bill Miller sees opportunity in Valeant shares where others see chaosthan $20 billion in 2007. But Miller, by his own admission, stuck too long with
Bill Miller sees opportunity in Valeant shares where others see chaos
Market Watch / Posted 27 days ago
than $20 billion in 2007. But Miller, by his own admission, stuck too long with financial stocks like Bear Stearns Cos. and American International Group Inc. AIG, +1.16% . Legg Mason Value Trust (since rechristened ClearBridge Value Trust) lost a... Read more
27d
Business Insurance
AIG-driven venture targets small to medium enterprise marketA partnership between American International Group, Inc. Hamilton Insurance Gro
AIG-driven venture targets small to medium enterprise market
Business Insurance / Posted 27 days ago
A partnership between American International Group, Inc. Hamilton Insurance Group Ltd., and affiliates of Two Sigma Investments L.P. will target providing insurance to the small to medium-size enterprise market, the parties announced Tuesday. The... Read more
3 related stories
28d
National Post
Story | Business Wire News Releases | News | Financial PostNEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)--American International Group, In
Story | Business Wire News Releases | News | Financial Post
National Post / Posted 28 days ago
NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG), Hamilton Insurance Group, Ltd., and affiliates of Two Sigma Investments, LP announced today that they have entered into a non-binding memorandum of... Read more
3 related stories
28d
Business Wire
AIG, Hamilton Insurance Group, and Two Sigma Announce Plans to Establish Joint Venture for Small Commercial Enterprise MarketNEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)--American International Group, In
AIG, Hamilton Insurance Group, and Two Sigma Announce Plans to Establish Joint Venture for Small Commercial Enterprise Market
Business Wire / Posted 28 days ago
NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG), Hamilton Insurance Group, Ltd., and affiliates of Two Sigma Investments, LP announced today that they have entered into a non-binding memorandum of... Read more
3 related stories
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