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1 through 20 of 1,196 matching documents, newest pages first.   Sort by relevance

Former AIG Exec Rejoins Company From Allianz as Global Head of Specialty
American International Group Inc. appointed Gordon Browne as global head of specialty, effective June 11. Browne will serve on the international leadership team and report to Jon ...
Source: BestWire   Date: May 23, 2024
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Aviva CEO: Recent Acquisitions Boost Commercial, Life Segments
Blanc in a conference call. It saw double-digit growth in retirement, as well, she said. Blanc said Aviva's mergers and acquisitions activities included completion of its Optiom ...
Source: BestWire   Date: May 23, 2024
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AM Best Comments on Credit Ratings of Members of Corebridge Financial Following Announced Agreement
The outlook of these ratings is stable. The transaction is expected to close in first-quarter 2025, subject to regulatory approvals and other customary closing conditions. AIG has ...
Source: BestWire   Date: May 16, 2024
AIG Sells 20% of Corebridge to Nippon Life for $3.8 Billion
American International Group Inc. said it agreed to sell about 120 million shares of its Corebridge Financial Inc. common stock to Nippon Life Insurance Co. for $31.47 a share, for ...
Source: BestWire   Date: May 16, 2024
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Corebridge Swings to Black in First Quarter as Premiums and Deposits Rise
American International Group Inc. subsidiary sheds international businesses to focus on life insurance and retirement businesses in the United States, the companies said (BestWire, ...
Source: BestWire   Date: May 3, 2024
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AIG CEO: Streamlining Effort Includes US Staff Cuts Through Retirement Incentive
American International Group Inc. expects to realize savings and streamline its core general insurance business through U.S. staff cuts and the ongoing divestiture of its life and ...
Source: BestWire   Date: May 2, 2024
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Commercial Lines Leads First-Quarter Profit Surge for AIG
American international Group Inc. posted a sharp rise in first-quarter net income, led by profitable commercial lines underwriting. First-quarter net income attributable to AIG ...
Source: BestWire   Date: May 1, 2024
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Baltimore Bridge Disaster, Investments Hit RenaissanceRe's First-Quarter Result
The property combined ratio improved by 13.7 percentage points on growth in net premiums earned and lower current accident year net losses. In the casualty and specialty segment, ...
Source: BestWire   Date: May 1, 2024
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Enstar in $400 Million Workers' Comp Loss Portfolio Transfer Deal With SiriusPoint
Enstar said in a statement. Under the agreement, SiriusPoint will cede net reserves of about $400 million, and Enstar's subsidiary will provide about $200 million of cover in ...
Source: BestWire   Date: May 1, 2024
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AIG Chairman of General Insurance Will Retire in May
American International Group Inc. said David McElroy will retire from AIG effective May 1, 2024. McElroy has agreed with AIG to accelerate his retirement date for personal reasons ...
Source: BestWire   Date: April 22, 2024
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Aviva Completes Acquisition of Corebridge's UK-Based AIG Life
The acquisition of AIG Life Ltd. will broaden its distribution and add 1.3 million individual protection customers and 1.4 million group protection members to its business, Aviva ...
Source: BestWire   Date: April 9, 2024
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AIG Files Lawsuit Against Month-Old Startup Dellwood Over Trade Secrets
American International Group Inc. is suing Dellwood Insurance Group after less than a month in business, seeking to stop "unlawful misappropriation" of trade secrets by former ...
Source: BestWire   Date: April 3, 2024
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Acquisitions Boost 2023 Profit Rebound for Aviva
Acquisitions and organic growth fueled a profit turn-around for Aviva Ltd. as it boosted its Canadian presence and entered the Lloyd's market. The group is seeing organic growth ...
Source: BestWire   Date: March 7, 2024
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AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Validus Reinsurance, Ltd. and Validus Reinsurance (Switzerland) Ltd.
Holdings Ltd (RenRe Holdings) (Pembroke, Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Validus Re's and VRS' balance sheet ...
Source: BestWire   Date: February 29, 2024
AIG CEO: Financial Lines Weakness Stands Out in Robust General Insurance Market
American International Group Inc. progressed on its Corebridge Financial and other divestitures in 2023, while watching negative developments in the market's financial lines ...
Source: BestWire   Date: February 14, 2024
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AIG's Fourth-Quarter Net Income Dives on Fortitude Re Derivative
American International Group Inc. posted sharply lower fourth-quarter net income on higher net realized losses driven by Fortitude Re funds withheld embedded derivative. ...
Source: BestWire   Date: February 13, 2024
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UK Competition Regulator Probes Aviva's Planned Acquisition of AIG Life
The deadline for a phase 1 decision by the CMA is April 8. That decision would determine whether a phase 2 is warranted for the inquiry. The deadline for the phase 1 decision may ...
Source: BestWire   Date: February 9, 2024
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AM Best Upgrades Issuer Credit Ratings for American International Group, Inc. and Its Property/Casualty Subsidiaries
...Term ICR has been revised to stable from positive. (Please see below for a detailed listing of the companies and ratings.) The Credit Ratings (ratings) of AIG PC reflect its ...
Source: BestWire   Date: January 26, 2024
AIG Units, Consumers Ask Judge to OK $24 Million Travel Insurance Settlement
Insurance Company of Pittsburgh, Pa., included undisclosed travel assistance services fees. Besides paying $23,997,500 into a common fund for the benefit of settlement-notice class ...
Source: BestWire   Date: January 26, 2024
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US Supreme Court Declines to Hear Fracking Company's Appeal of Claims Denial
After Superior was found to have breached its contract with U.S. Energy, American Home sued to block Superior's demand for coverage, arguing property damage caused by a failure to ...
Source: BestWire   Date: January 22, 2024
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