American International Group announced Tuesday that Chairman and CEO Peter Zaffino will transition to executive chairman of the board by the middle of 2026.
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AIG’s Q3 earnings exceeded Wall Street analyst forecasts, driven by net income of $519 million, up 13%, year-over-year.
AIG delivered a strong second quarter, posting net income of $1.1 billion, up from a $4 billion loss the previous year.
Despite challenges from natural catastrophes, including the California wildfires, AIG earns Q4 net income of $898 million.
AIG achieved strong Q3 growth in underwriting profitability and delivered consistent capital returns to shareholders, the company reported.
Executives touted Corebridge Financial’s recent launch of its MarketLock RILA during a third-quarter call Tuesday with Wall Street analysts.
American International Group announced that Keith Walsh will join the company as executive vice president, chief financial officer, effective October…
