AIG
XL Catlin appoints head of insurance strategic client and broker management
XL Catlin has named Philippe Gouraud as its head of strategic client and broker management for its insurance division.
Open APIs mooted by Brolly co-founder after insurtech Downing Street summit
The slower pace of insurtech growth has been recognised by government during a Downing Street meeting of leading industry players on Wednesday (30 March).
40% of Singapore companies to have cyber insurance by 2020, says AIG
The cyber insurance market is forecast to grow 50% in Singapore this year according to AIG Asia-Pacific.
AIG Europe reports growth in net premiums, slight COR improvement
AIG's European arm posted stable results for the year ended 30 November 2015, including a slightly stronger combined ratio of 98.2% (2014: 98.4%) and 2% growth in net premiums.
The Claims Awards 2016 shortlist is out today
The Claims Awards shortlist is out today.
Three senior Asia AIG managers leave as insurer reduces costs
Post understands three senior Asia AIG managers have been made redundant as the insurer looks to reduce costs.
Hong Kong Analysis: SMEs' more sophisticated approach
Intense competition and a slowdown in China’s economy will make the Hong Kong SME market more challenging writes Nicky Burridge.
Concerns raised on effectiveness of FCA’s general insurance scorecards
Issues with the Financial Conduct Authority’s pilot of general insurance scorecards have been highlighted by industry players who remain unconvinced a focus on claims data and a ‘one size fits all’ approach is what is required.
Insurers back Axa's call for consistent injury awards in Ireland amid 30% motor premium increases
Insurers in Ireland are backing a call by Axa for more consistent personal injury awards amid concerns the body established to handle personal injury claims and compensation in 2004 has lost its way.
C-Suite - Insurer: Been around the world
Diversity in business experience can be an asset for companies looking to bring in new recruits
Blog: Does the idea of Google parent Alphabet buying AIG have legs?
Earlier this week Citigroup analyst Todd Bault triggered a number of headlines and healthy amount of debate by suggesting that AIG should be acquired by Google’s parent company Alphabet.
AIG's P&C division lost $2.3bn in Q4 2015
Global giant AIG's property and casualty arm fell to a loss of $2.3bn (£1.3bn) in the fourth quarter of 2015 compared with a $935m profit in Q4 2014.
The Post Power List 2016
In a year where regulation, natural disasters, consolidation and cyber/digital again look set to make waves, and when the country could learn if it’s in or out of the European Union, Post had a mind mapping session – with a bottle of wine – to see who…
Rank: 5 - Anthony Baldwin, CEO of AIG
Following the surprise exit of Jacqueline McNamee at the end of last year as part of a cost-cutting exercise, Baldwin has been appointed CEO of AIG and takes the helm of the biggest insurance company in the UK general insurance market, according to AM…
AM Best places AIG under negative review
AM Best has placed AIG's credit ratings under review with negative implications.
AIG pares back to achieve planned $25bn shareholder return
AIG plans to return $25bn (£17.5bn) to shareholders through measures including a part-IPO of its mortgage insurance subsidiary and a series of reinsurance transactions, a strategic announcement revealed today (26 January).
Divestments expected from AIG in strategic statement
AIG CEO Peter Hancock is expected to outline his strategy for the company including support for divesting non-core parts of the business in a live webcast tomorrow (26 January), reports claim.
D&O and Cyber: C-suite cyber risks take off
US legal influences continue to impact on the UK directors’ and officers’ market – and that now includes the growing cyber threat
AIG strategy failing to win support among majority of investors
Only a small minority of shareholders back AIG’s present strategy amid pressure from activists such as Carl Icahn for a change to the insurer’s approach, according to a poll by investment management firm Bernstein.
Blog: From AIG to Zurich, five predictions for insurers in 2016
Now that we have all had a chance to get back into our pre-Xmas routines; quit our cous-cous diets and break our new year’s resolutions, I thought it would be a good time to look into my crystal ball and predict how the year might pan out for insurers.
Detail on AIG strategy to be revealed
AIG will provide a strategy update and release its fourth quarter results on 26 January, following a number of cost-cutting measures last year in a bid to save up to $500m (£341m).
AIG's Baldwin takes on UK CEO role following McNamee exit
AIG Europe CEO and board director Anthony Baldwin has been appointed CEO of AIG in the UK.
Uncertainty around high risk corporate travel destinations may impact coverage
Countries that constitute 'high-risk destinations' are becoming a grey area for companies wanting to protect their employees during overseas corporate assignments, as terror incidents lead to demand for comprehensive multinational programmes.
Upheaval continues at AIG with four to go at senior level
The shake-up at AIG continues with chief financial officer David Herzog to go, alongside three other key management figures outlined today by CEO Peter Hancock.