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…
The next two months will go a long way in determining the near-term impact of extreme weather events on commercial insurance markets, a top insurance executive said this week.
A trio of former American International Group executives are asking a New Jersey court to dismiss a lawsuit brought by the insurance giant alleging misappropriation of confidential information.
American International Group reported a nearly $4 billion net income loss during its first quarter without its life and retirement division.
American International Group today announced that Melissa Twiningdavis has been appointed executive vice president, chief administrative officer, effective Sept. 1….
American International Group (AIG) has completed the long-anticipated separation of Corebridge Financial, its former life and retirement unit.
