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American Intl Group Inc
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Update: Interim AIG General Counsel Gets Post as Previously Announced GC Remains at Stripe Inc.
...Adds detail to headline.) American International Group Inc. said Rose Marie Glazer, who served as interim general counsel since Oct. 1, has been named general counsel, effective ...
Source: BestWire   Date: December 1, 2023
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Enstar Reinsures $400 Million of AIG Adverse Development Ahead of Validus Divestiture
American International Group Inc. on part of Validus Re's loss reserves that AIG will still be exposed to following the closing of AIG's sale of Validus Re to RenaissanceRe ...
Source: BestWire   Date: September 5, 2023
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UK Government Extends Trade Credit Scheme to June
...The objective of the 2021 scheme is to support U.K. businesses, and aid economic recovery, following the coronavirus pandemic by providing targeted support via trade credit ...
Source: BestWire   Date: December 30, 2020
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AIG, Validus Wind Down Business Activities Involving Iran
American International Group Inc. said it is winding down all activities previously undertaken by the group and its recently acquired reinsurer Validus that may be related to Iran ...
Source: BestWire   Date: November 7, 2018
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AIG Gains UK Approval for Brexit Structure
American International Group Inc. said AIG Europe Ltd. has won approval from the High Court of England & Wales to transfer its business into two new entities in preparation for the ...
Source: BestWire   Date: October 25, 2018
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AIG Philippines CFO: Data Privacy Laws Heighten Need for Cyberrisk Coverage
Insurance CFO Summit in Hong Kong. View the video version of this interview at: http://www.ambest.com/v.asp?v=lacson518 Following is an edited transcript of the interview. Q: Tell ...
Source: BestWire   Date: June 15, 2018
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AIG Plans New UK, Luxembourg Entities Ahead of Brexit
American International Group Inc. said it authorized new insurance companies in the United Kingdom and Luxembourg to which all business will be transferred ahead of the United ...
Source: BestWire   Date: April 19, 2018
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Taiwan’s Insurance Industry Posted 9.08% Premium Growth in 2017
Insurance Institute's statistic report. Premium income for the life sector increased 9.16% to NT$3.4 trillion in 2017. Individual annuity insurance posted growth of 56% to NT$321 ...
Source: BestWire   Date: March 16, 2018
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AIG Names Head of Newly Created International Government Affairs Post
American International Group Inc. said it appointed Ed Barron to the newly created position of head of international government affairs, beginning in March 2018. Based in London, ...
Source: BestWire   Date: January 19, 2018
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Taiwan’s Insurance Regulator Asks Ruen Chen to Keep Investment Commitment in Nan Shan Life
Nan Shan Life's potential capital raising, said the FSC. Ruen Chen's acquisition of Nan Shan Life in 2011 was approved with additional investment terms, said the FSC. The regulator ...
Source: BestWire   Date: November 27, 2017
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Sweden’s Competition Authority Raids AIG Europe, Other Insurers in Collusion Probe
American International Group Inc.'s Europe affiliate and three other insurers had their offices in Sweden raided by the country's competition authority as part of an investigation ...
Source: BestWire   Date: June 16, 2017
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AIG Estimates $100 Million First-Quarter Hit on Ogden Rate, $40 Million Deferred Gain From Berkshire Deal
American International Group Inc. announced two items it said will impact first-quarter results - a $100 million estimated negative impact related to the U.K. Ogden rate change for ...
Source: BestWire   Date: April 20, 2017
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Former Regulator: Difficult Questions Remain in Greenberg Dispute
General Reinsurance Corp. The agreement was announced to settle civil accounting fraud charges first brought against Greenberg and Smith in 2005 by then-Attorney General Eliot ...
Source: BestWire   Date: February 15, 2017
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NY Reaches $9.9 Million Settlement With Former AIG CEO Greenberg, Ex-CFO Smith in Securities Fraud Suit
International Group Chief Executive Officer Maurice R. Greenberg and Howard I. Smith, AIG's former chief financial officer. "Today's agreement settles the indisputable fact that ...
Source: BestWire   Date: February 10, 2017
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Taiwan Regulator Approves AIG Unit’s Sale of Consumer and Small-to-Midsize Enterprise Business to Nan Shan Life
Nan Shan Life Insurance Co. Ltd., according to a statement from the FSC's Insurance Bureau. AIG Asia Pacific Insurance Pte. Ltd. has also been cleared to set up a new branch, AIG ...
Source: BestWire   Date: July 14, 2016
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With SIFI Ruling, Regulators Should Re-evaluate MetLife’s Global Status, Reps Say
International regulators should reconsider whether MetLife Inc. deserves to be designated as a global systemically important insurer in light of a federal court invalidating the ...
Source: BestWire   Date: May 4, 2016
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Barclays Analysts: MetLife's Share Buybacks Likely Modest Until SIFI Rules in Place
Amid regulatory uncertainty, MetLife Inc. said its board of directors approved a $1 billion increase the company's authorization to buy back its common stock. MetLife is currently ...
Source: BestWire   Date: December 15, 2014
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Prudential Operations Chief: The Time for Federal Regulation Is 'Clearly Here'
...But a lot will have to be judged by the results," Pelletier said. Prudential Financial is one of three companies to be designated as systemically important financial institutions ...
Source: BestWire   Date: October 21, 2014
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AIG P/C Americas CEO: Inconsistent Capital Standards Could Hurt Consumers
American International Group Inc.'s property/casualty business, said inconsistency in global capital standards could ultimately hurt insurance consumers. He spoke with Best's News ...
Source: BestWire   Date: April 3, 2014
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Update: Insurance CEOs: Regulatory Challenges Aside, Future Bright for Global Insurers
Americas for American International Group Inc.'s property/casualty business.) The outlook for global insurance companies is positive despite the challenges facing the industry, ...
Source: BestWire   Date: April 2, 2014
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