AIG

AIG names TMK’s Leahy as UK head of aviation

Leahy joins the carrier after just over a year at TMK as divisional head of airline.

Aisling Finn, 10 October 2023
Beazley and AIG likely to face cyberattack losses on casinos

The attack came from a hacking group known as Scattered Spider, an affiliate of the ALPHV/BlackCat ransomware gang.

Abbie Day, 20 September 2023
Blockchain insurance: A dead-end or biding its time for disruption?

A webinar and report from the Geneva Association has explored the barriers and prospects for the growth of blockchain insurance.

Marcel Le Gouais, 07 September 2023
AIG appoints Fato to new role of vice chair

The former general counsel and communications chief will move to the role on 1 October.

Rachel Dalton, 06 September 2023
AIG strikes $400mn reserve deal with Enstar for Validus back years

The insurer has been working to build a reputation for favorable reserve development after past sins.

Samuel Casey, 05 September 2023
Axis cargo hiring continues with Talbot AIG’s Farley

The carrier has strengthened its cargo team following the departure of two underwriters.

Samuel Casey, 16 August 2023
AIG to ‘likely’ buy ADC to minimize reserve exposure in Validus book: CEO Zaffino

AIG decided to buy additional retrocessional protection for Validus Re and a low XoL reinsurance placement for its Private Client Group (PCG) ahead of the wind season.

Jairo Ibarra, 02 August 2023
AIG GI Q2 CoR rises as cats, lower reserve releases offset margin improvement

AIG grew GI NWP in NA by 17% to nearly $4bn as both commercial lines and personal lines NWP rose 17% to over $3.4bn and $563mn, respectively.

Jairo Ibarra, 01 August 2023
Schaper promoted to AIG global CUO

He will report to long-time colleague CEO Peter Zaffino.

Abbie Day, 27 July 2023
AIG names Sperring as head of global aerospace

Mark Sperring’s promotion comes just a few months after AIG’s former head of global aerospace, Steve Eccles, left the carrier.

Adam McNestrie, 26 July 2023
AIG appoints Purtill as permanent CFO

Purtill became interim CFO in January after AIG terminated Mark Lyons, saying the executive violated his confidentiality/non-disclosure obligations to the firm.

Jairo Ibarra, 20 June 2023
AIG takes ex-AGCS London marine chief Whitehouse for global cargo role

Whitehouse’s departure from AGCS was announced earlier this year.

Samuel Casey, 14 June 2023