American International Group Inc

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1h
Business Wire
A.M. Best Withdraws Ratings of The Fuji Fire & Marine Insurance Company, Limited and AIU Insurance Company, Ltd.HONG KONG--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength ratin
A.M. Best Withdraws Ratings of The Fuji Fire & Marine Insurance Company, Limited and AIU Insurance Company, Ltd.
Business Wire / Posted an hour ago
HONG KONG--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of “a” of The Fuji Fire & Marine Insurance Company, Limited (Fuji Fire) (Japan) and AIU Insurance Company, Ltd. (AIU... Read more
22h
Business Insurance
AIG freezes pension plans, sweetens 401(k)American International Group Inc. will freeze its U.S. defined benefit pension
AIG freezes pension plans, sweetens 401(k)
Business Insurance / Posted 22 hours ago
American International Group Inc. will freeze its U.S. defined benefit pension plans on Jan. 1 and beef up its 401(k) plans. “After extensive research, we found that AIG's spending on employee retirement programs is materially higher than most of... Read more
23h
Business Insurance
AIG unit not liable in death of prisoner who wasn't given medicineAn American International Group Inc. unit was not obligated to defend or indemn
AIG unit not liable in death of prisoner who wasn't given medicine
Business Insurance / Posted 23 hours ago
An American International Group Inc. unit was not obligated to defend or indemnify a prison management company in the death of an inmate, says a federal appeals court in partially overturning a lower court ruling. Lafayette, Louisiana-based LCS... Read more
2d
Business Insurance
Surplus lines insurance sector profitable in 2014Surplus lines insurers continued to report profitable results in 2014, helped b
Surplus lines insurance sector profitable in 2014
Business Insurance / Posted 2 days ago
Surplus lines insurers continued to report profitable results in 2014, helped by a combination of product diversification, underwriting discipline and advantageous market conditions, A.M. Best Co. Inc. said in its latest report on the... Read more
2d
Business Wire
Fitch Publishes U.S. Fidelity / Surety Market DashboardNEW YORK--(BUSINESS WIRE)--Fitch Ratings has published a new Dashboard Report o
Fitch Publishes U.S. Fidelity / Surety Market Dashboard
Business Wire / Posted 2 days ago
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has published a new Dashboard Report on the U.S. Fidelity and Surety market. Growth in surety and fidelity premiums lines has trailed overall property/casualty insurance industry premium by a significant... Read more
2 related stories
3d
Business Insurance
Willis, AIG offer middle market auto-renewal policyWillis Group Holdings P.L.C. and American International Group Inc. on Tuesday l
Willis, AIG offer middle market auto-renewal policy
Business Insurance / Posted 3 days ago
Willis Group Holdings P.L.C. and American International Group Inc. on Tuesday launched an automatically renewing insurance policy for middle-market buyers in the United Kingdom. The policy, called Evergreen, covers major insurance classes under a... Read more
7d
Business Insurance
AIG seeking $1.76 billion in 'life settlements' trial in New York(Reuters) — An American International Group Inc. unit on Thursday asked a feder
AIG seeking $1.76 billion in 'life settlements' trial in New York
Business Insurance / Posted 7 days ago
(Reuters) — An American International Group Inc. unit on Thursday asked a federal judge to order a Pennsylvania firm to pay it $1.76 billion in damages for allegedly overcharging for life insurance policies acquired from elderly individuals. At the... Read more
9d
PhysOrg
Companies hope cybersecurity experts in the boardroom can counter hacksThe board of directors at construction and engineering company Parsons Corp. ne
Companies hope cybersecurity experts in the boardroom can counter hacks
PhysOrg / Posted 9 days ago
The board of directors at construction and engineering company Parsons Corp. needed to fill a seat two years ago. Naturally, they wanted someone with communication and leadership skills. They also needed someone new: an expert to help them battle... Read more
16d
Business Insurance
AIG selling remaining AerCap stakeAmerican International Group Inc. plans to sell its remaining stake in AerCap H
AIG selling remaining AerCap stake
Business Insurance / Posted 16 days ago
American International Group Inc. plans to sell its remaining stake in AerCap Holdings N.V. for about $500 million, AIG announced Tuesday after close of markets. AIG would not own any ordinary share of AerCap after the sale of the nearly 10.7... Read more
16d
Business Wire
AIG Announces Pricing of the Sale of Its Remaining Ordinary Shares of AerCap Holdings N.V.NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) announ
AIG Announces Pricing of the Sale of Its Remaining Ordinary Shares of AerCap Holdings N.V.
Business Wire / Posted 16 days ago
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) announced today that it has priced the sale of 10,677,702 ordinary shares of AerCap Holdings N.V. (NYSE:AER) by means of an underwritten public offering. Closing of this... Read more
20d
Business Insurance
Property policy ruling favoring AIG unit upheldFaulty workmanship cannot be considered an occurrence under a property policy,
Property policy ruling favoring AIG unit upheld
Business Insurance / Posted 20 days ago
Faulty workmanship cannot be considered an occurrence under a property policy, says an appeals court in upholding a ruling in favor of an American International Group Inc. unit. Grand Rapids, Michigan-based Armada Group Inc. had purchased an... Read more
22d
Business Insurance
U.S. government appeals judge's ruling over 2008 AIG bailout(Reuters) — The United States filed an appeal on Wednesday against a U.S. judge
U.S. government appeals judge's ruling over 2008 AIG bailout
Business Insurance / Posted 22 days ago
(Reuters) — The United States filed an appeal on Wednesday against a U.S. judge’s ruling in June that sided with former American International Group Inc. CEO Maurice Greenberg on a legal claim over the company’s 2008 bailout. A judge in the Court of... Read more
22d
Business Insurance
Trading firm sues AIG unit in professional liability disputeAn online provider of retail and institutional foreign-exchange trading has sue
Trading firm sues AIG unit in professional liability dispute
Business Insurance / Posted 22 days ago
An online provider of retail and institutional foreign-exchange trading has sued an American International Group Inc. unit for its refusal to pay claims under a professional liability policy in connection with litigation it faces involving a former... Read more
22d
Business Wire
AIG’s Lexington Insurance Celebrates 50 Years in Boston with a Day of Giving Back; Packages 40,000 Meals to Fight HungerNEW YORK--(BUSINESS WIRE)--Lexington Insurance, a division of American Internat
AIG’s Lexington Insurance Celebrates 50 Years in Boston with a Day of Giving Back; Packages 40,000 Meals to Fight Hunger
Business Wire / Posted 22 days ago
NEW YORK--(BUSINESS WIRE)--Lexington Insurance, a division of American International Group, Inc. (AIG), and the largest excess and surplus carrier in the U.S., today celebrated the 50th anniversary of its incorporation by hosting a day of giving back... Read more
24d
Accounting Today
Tax Horror Defying Modi Causes AIG to Shun Cover for India Deals(Bloomberg) Prime Minister Narendra Modi needs to offer much more than just his
Tax Horror Defying Modi Causes AIG to Shun Cover for India Deals
Accounting Today / Posted 24 days ago
(Bloomberg) Prime Minister Narendra Modi needs to offer much more than just his best intentions to clean up India�s whimsical tax regime to help convince insurers. Companies from Allianz SE to American International Group Inc. are avoiding offering... Read more
27d
Business Insurance
AIG units' policyholder awarded $55 million in products liability disputeA jury in Oakland, California, has ruled that three American International Grou
AIG units' policyholder awarded $55 million in products liability dispute
Business Insurance / Posted 27 days ago
A jury in Oakland, California, has ruled that three American International Group Inc. units must pay a more than $55 million award, including $46 million in punitive damages, to a valve and piping manufacturer in a products liability coverage... Read more
28d
Business Insurance
AIG units’ policyholder awarded $55 million in products liability disputeA jury in Oakland, California, has ruled that three American International Grou
AIG units’ policyholder awarded $55 million in products liability dispute
Business Insurance / Posted 28 days ago
A jury in Oakland, California, has ruled that three American International Group Inc. units must pay a more than $55 million award, including $46 million in punitive damages, to a valve and piping manufacturer in a products liability coverage... Read more
30d
Business Insurance
AIG profit drops 41.4% in second quarterAmerican International Group Inc.'s net income for the second quarter of 2015 d
AIG profit drops 41.4% in second quarter
Business Insurance / Posted 30 days ago
American International Group Inc.'s net income for the second quarter of 2015 dropped 41.4% from that of the same period a year earlier to $1.8 billion on lower operating results, AIG reported. “Compared to the prior-year quarter, second quarter... Read more
7 related stories
1m
Business Insurance
AIG profit drops 43.8% in second quarterAmerican International Group Inc.’s net income for the second quarter of 2015 d
AIG profit drops 43.8% in second quarter
Business Insurance / Posted a month ago
American International Group Inc.’s net income for the second quarter of 2015 dropped 43.8% from that of the same period a year earlier to $1.8 billion on lower operating results, AIG reported. “Compared to the prior-year quarter, second quarter... Read more
7 related stories
1m
Reuters
AIG profit beats estimates, boosts buyback by $5 billionThe AIG logo is seen at its building in New York's financial district March 19,
AIG profit beats estimates, boosts buyback by $5 billion
Reuters / Posted a month 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 largest commercial insurer in the United States and Canada, reported a quarterly operating profit that breezed past... Read more
7 related stories
1m
The Star
AIG profit beats estimates, boosts buyback by US$5bilNEW YORK: American International Group Inc, the largest commercial insurer in t
AIG profit beats estimates, boosts buyback by US$5bil
The Star / Posted a month ago
NEW YORK: American International Group Inc, the largest commercial insurer in the United States and Canada, reported a quarterly operating profit that breezed past analysts' estimates, and boosted its share buyback by up to US$5 billion. Shares of... Read more
7 related stories
1m
Business Insurance
AIG profit lifted by AerCap, China investment; raises buyback(Reuters) — Insurer American International Group Inc. reported a 5.6% jump in q
AIG profit lifted by AerCap, China investment; raises buyback
Business Insurance / Posted a month ago
(Reuters) — Insurer American International Group Inc. reported a 5.6% jump in quarterly operating profit, driven by investments in one of China’s biggest insurers and earnings from aircraft leasing company AerCap. AIG, the largest commercial insurer... Read more
7 related stories
1m
FOX Business
AIG Profit Lifted by AerCap, China Investment; Raises BuybackInsurer American International Group Inc (AIG) reported a 5.6 percent jump in q
AIG Profit Lifted by AerCap, China Investment; Raises Buyback
FOX Business / Posted a month ago
Insurer American International Group Inc (AIG) reported a 5.6 percent jump in quarterly operating profit, driven by investments in one of China's biggest insurers and earnings from aircraft leasing company AerCap. AIG, the largest commercial insurer... Read more
7 related stories
1m
New Jersey Herald
American International Group posts 2Q profitNEW YORK (AP) - American International Group Inc. (AIG) on Monday reported seco
American International Group posts 2Q profit
New Jersey Herald / Posted a month ago
NEW YORK (AP) - American International Group Inc. (AIG) on Monday reported second-quarter profit of $1.8 billion. The New York-based company said it had profit of $1.32 per share. Earnings, adjusted for one-time gains and costs, were $1.39 per... Read more
112 related stories
1m
Channel NewsAsia
AIG profit beats estimates, boosts buyback by US$5 billionREUTERS: American International Group Inc , the largest commercial insurer in t
AIG profit beats estimates, boosts buyback by US$5 billion
Channel NewsAsia / Posted a month ago
REUTERS: American International Group Inc , the largest commercial insurer in the United States and Canada, reported a quarterly operating profit that breezed past analysts' estimates, and boosted its share buyback by up to US$5 billion. Shares of... Read more
7 related stories
1m
Market Watch
AIG raises dividend as profit beats estimatesAmerican International Group Inc. boosted its common-stock dividend by 124% and
AIG raises dividend as profit beats estimates
Market Watch / Posted a month ago
American International Group Inc. boosted its common-stock dividend by 124% and raised its share-repurchase target by $5 billion, signs of health that seemed unfathomable seven years ago when it nearly collapsed into bankruptcy. The moves came as... Read more
2 related stories
1m
Market Watch
AIG handily beats earnings expectations, buying back more sharesAmerican International Group Inc. AIG, +0.05% reported quarterly earnings Monda
AIG handily beats earnings expectations, buying back more shares
Market Watch / Posted a month ago
American International Group Inc. AIG, +0.05% reported quarterly earnings Monday that were far better than analysts expected, and announced plans to buy back more shares. The insurer announced net income of $1.8B, or $1.32 a share, on revenue of... Read more
112 related stories
1m
Market Watch
AIG raises dividend as profit beats estimatesAmerican International Group Inc. boosted its common-stock dividend by 124% and
AIG raises dividend as profit beats estimates
Market Watch / Posted a month ago
American International Group Inc. boosted its common-stock dividend by 124% and raised its share-repurchase target by $5 billion, signs of health that seemed unfathomable seven years ago when it nearly collapsed into bankruptcy. The moves came as... Read more
2 related stories
1m
Reuters
AIG profit lifted by AerCap, China investment; raises buybackThe AIG logo is seen at its building in New York's financial district March 19,
AIG profit lifted by AerCap, China investment; raises buyback
Reuters / Posted a month ago
The AIG logo is seen at its building in New York's financial district March 19, 2015. Insurer American International Group Inc (AIG.N) reported a 5.6 percent jump in quarterly operating profit, driven by investments in one of China's biggest... Read more
7 related stories
1m
Business Wire
AIG Board of Directors Authorizes Repurchase of Additional Shares of AIG Common Stock, Declares Increased Common Stock DividendNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) today
AIG Board of Directors Authorizes Repurchase of Additional Shares of AIG Common Stock, Declares Increased Common Stock Dividend
Business Wire / Posted a month ago
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) today announced the following actions taken by its Board of Directors: Authorized the repurchase of additional shares of AIG Common Stock with an aggregate purchase price of up... Read more
2 related stories
m
Market Watch
AIG, Tyson, Clorox earnings in focusAmong the companies whose shares are expected to see active trade in Monday’s s
AIG, Tyson, Clorox earnings in focus
Market Watch / Posted 1 months ago
Among the companies whose shares are expected to see active trade in Monday’s session are American International Group Inc., Tyson Foods Inc., and Clorox Co. Late Friday, Yahoo Inc.YHOO, -2.00% said it bought Polyvore, a fashion commerce site... Read more

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