AIG

Analysts: AIG better covered for 2019 typhoon claims

AIG is likely to have exhausted its $550mn Japanese reinsurance cover after typhoons Faxai and Hagibis.

Lucy Jones, 16 October 2019
Adnoc confirms huge loss creep for $2bn+ downstream energy claim

Size of payout will depend on whether CBI sub-limit of $100mn holds, with insured seeking $450mn.

Adam McNestrie, 14 October 2019
Glatfelter turns to Valen to improve commercial auto business

Data tools could help the carrier boost profitability for the line, which has been under significant strain across the market.

Bernard Goyder, 10 October 2019
Former Allied World marine underwriter to join AIG

Pene Reuben re-enters the market after leaving Allied World in April.

Samuel Casey, 04 October 2019
Carriers facing $751mn loss as MGM agrees shooting settlement

Insurers are facing up to a total loss on MGM Resorts’ $751mn tower after the hotel and casino company agreed an $800mn settlement with survivors.

Bernard Goyder, 03 October 2019
Surety market braces for Thomas Cook Atol claim

AIG, Chubb, Markel, Swiss Re and Zurich are among the carriers which face potential losses from the tour operator's collapse.

Anna Sagar, 01 October 2019
AIG hires Argo's Eccles as global aerospace head

The carrier also confirms the appointment of Chubb upstream energy chief James Langdon as UK energy and construction head.

Samuel Casey, 26 September 2019
For AIG, now comes the hard part

If hitting each of the company’s two improvement targets on their own would be heroic, hitting both simultaneously within three years would be astonishing.

Gavin Davis, 24 September 2019
Western World launches SME broking product

Ex-Nationwide underwriter Penny Heron will lead the new division.

John Hewitt Jones, 24 September 2019
AIG must achieve ‘operational excellence’ to be a great company: Duperreault

The CEO predicts stable or marginally lower P&C premiums this year and says he’s comfortable with AIG’s Dorian loss outlook.

John Hewitt Jones, 11 September 2019
AIG tackles silent cyber exposures across commercial lines

The carrier will either affirmatively cover or explicitly exclude cyber across virtually all commercial P&C policies by January.

Catrin Shi, 05 September 2019
Lexington P&C submissions rose by 50% in Q2: Zaffino

Zaffino drew a comparison between Dorian and Hurricane Matthew in 2016.

Bernard Goyder, 04 September 2019