The Business Times

AIG

Banking & Finance

Insurer AIG posts higher quarterly profit on underwriting strength

The insurance industry is largely immune to economic vagaries, since most of its policies are either bought by employers for their workers or mandated by governments.
Banking & Finance

AIG’s profit beats estimates on strong underwriting, investment returns

AIG spun off Corebridge in 2022 and has been paring its interest.
Banking & Finance

AIG reports second-quarter loss due to Corebridge separation

AIG says net premiums written in its general insurance arm for the quarter ended June grew 10 per cent to US$7.5 billion.
Banking & Finance

AIG to sell 20% stake in insurer Corebridge to Nippon Life

Insurers have reaped the benefits of growing hopes of a soft landing and a still-tight labour market that has revived spending on insurance policies.
Banking & Finance

AIG beats profit estimates on underwriting strength

Logo for Aviva plc, a British insurer.
Banking & Finance

Aviva completes takeover of AIG's UK life insurance business

Aviva says it would buy the unit – known as AIG Life UK – from Corebridge Financial, a New York-listed company majority-owned by AIG.
Global Enterprise

Aviva to buy AIG's UK life insurance business for £460 million

AIG says net premiums written in its general insurance arm for the quarter ended June grew 10 per cent to US$7.5 billion.
Companies & Markets

Insurer AIG profit beats estimates on gains in life and retirement unit

The insurer said the transaction will free up US$400 million in capital.
Companies & Markets

AIG to offload reinsurance business for US$3 billion to free up capital

AIG said it has terminated Mark Lyons as interim chief financial officer for violating the company’s confidentiality obligations.
International

AIG fires interim CFO Mark Lyons for confidentiality breach

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