AIG

Ex-Lloyd’s CEO lost US$17 million AIG job after office romance

[WASHINGTON] American International Group’s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what cause...

The company retains a stake in Corebridge, the life and retirement insurer it spun off in 2022.

Insurer AIG posts higher quarterly profit on underwriting strength

A rebound in the stock markets following tariffs-related volatility has also helped insurers boost their investment income

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.

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

AMERICAN International Group (AIG) sailed past Wall Street estimates for third-quarter profit on Monday (Nov 4) as the insurer benefited from strong underwriting and higher returns on investments.

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

AIG reports second-quarter loss due to Corebridge separation

AMERICAN International Group (AIG) booked a loss in the second quarter due to accounting charges tied to the formal separation of life and retirement business Corebridge Financial.

AIG, which owns more than 50 per cent of Corebridge, will sell approximately 120 million shares for US$31.47 each to Nippon Life under the planned deal.

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

The deal marks a major step toward growth in the US for Nippon Life, which is looking for acquisition opportunities at home and overseas

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.

AIG beats profit estimates on underwriting strength

AMERICAN International Group (AIG) exceeded first-quarter profit expectations on Wednesday (May 1), driven by growth in its general insurance as well as life and retirement divisions, and lower catast...

Aviva  is buying the unit – known as AIG Life UK – from Corebridge Financial, a New York-listed company majority-owned by AIG.

Aviva completes takeover of AIG's UK life insurance business

British insurer Aviva said on Tuesday (Apr 9) it had completed the £453 million (S$772.2 million) acquisition of AIG’s UK life insurance business, sealing the largest takeover under CEO Amanda Blanc t...

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

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

AVIVA said on Monday (Sep 25) it had agreed to buy the UK life insurance business of AIG for £460 million (S$769 million), in the largest acquisition to date by the British insurer’s CEO Amanda Blanc....

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

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

AMERICAN International Group (AIG) exceeded second-quarter profit expectations on Tuesday (Aug 1), driven by growth at its life and retirement unit and lower-than-expected catastrophe losses in what w...

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

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

AMERICAN International Group (AIG) said it will sell virtually its entire reinsurance business to RenaissanceRe Holdings in a deal worth roughly US$3 billion as chief executive officer Peter Zaffino c...