AIG
AIG shareholders win class-action status in lawsuit against the government
An American judge granted class-action status to two groups of AIG shareholders in a $25bn (£16.7bn) lawsuit by former chief executive Maurice “Hank” Greenberg over alleged losses arising from the bailout the insurer received from the US government,…
AIG launches apprenticeship programme
AIG Europe has joined forces with the National Apprenticeship Service to create job opportunities for up to 25 apprentices in 2013.
High Net Worth: Rich Pickings
With an increase in providers of high net worth insurance in recent years, wealthy customers have plenty to choose from. What can firms do to stand out from the crowd?
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven days.
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days
Pound weakness presents HNW opportunity
The pound’s weakness is an opportunity for international high-net-worth providers, wholesale broker Markham Private Client has said.
Ascot swings back to profit for 2012
AIG-backed Lloyd’s syndicate Ascot Underwriting has announced pre-tax profits of £93.3m.
AIG income falls to $3.4bn in 2012
AIG's net income fell to $3.4bn (£2.23bn), or $2.04 per diluted share, in 2012 compared with $20.6bn, or $11.01 per diluted share, the year earlier.
Sandy hit AIG reports $4bn Q4 loss
American International Group reported a net loss of $3.4bn for the full year 2012, following a net loss of $4bn for the fourth quarter.
View from the Top: Better together
Co-operation in the pursuit of common goals will make us all stronger, says Nicolas Aubert, managing director, AIG UK.
Market Moves: Brokers continue to up their numbers while Groupama’s Matras heads for exit
The broking sector again led the way in recruitment this week with notable hires at Hyperion, Miller and Hastings. Meanwhile, Giles continued to demonstrate its appetite for new staff by swooping for northern rival Reich’s operations manager Andrew Perry…
Insurance Census: Race: Background check
In the final part of Post's Insurance Census on diversity in the industry, the focus is on race. To what extent does the sector offer equal opportunities to ethnic minorities - and how much has the situation improved in recent years?
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days.
AIG acquires remaining stake in Israeli JV
American International Group has reached an agreement with Aurec Gold Investments to acquire the remaining 49.99% interest in AIG Israel Insurance Company.
AIG hires EMEA large limits exec
AIG has appointed Sami Sayegh as large limits executive, property for Europe, Middle East and Africa.
Winter Sports: A downhill market?
With the Winter Olympics only a year away, winter sports are seeing a boost in popularity. Anna Pitton investigates how the insurance market is responding and asks where claims are likely to occur.
AIG ‘future proofs’ risks for D&O
AIG has launched a pan-European directors’ & officers’ policy in response to the changing risks faced by this group.
AIG appoints EMEA commercial president
Emmanuel Brulé has been appointed president of commercial Insurance, EMEA, at American International Group.
AIG names new president of EMEA commercial insurance
AIG has named Emmanuel Burlé as president of commercial insurance for Europe, the Middle East and Africa.
Giles strengthens Scotland team
Giles Insurance Brokers has made three additions to its Scottish team, following its strategy to expand its presence in the region.
AIG secures HSBC distribution rights in Turkey and France for $55m
American International Group signed a 10-year bancassurance deal with HSBC Group, which see it become the exclusive provider of non-life insurance products to HSBC customers in Turkey and France.
AIG acquires HSBC's French GI arm and extends Turkish footprint
AIG has entered a 10-year bancassurance agreement with HSBC Group to become the exclusive provider of non-life insurance products to the bank's customers in Turkey and France.
Specialist pan-European cyber broker start-up launches
IPS Protection, a UK-based broker specialising in cyber liability has launched today to fill what it claims is a gap in the market.
AIG on risk for fatal incident as cause of helicopter crash investigated
AIG has confirmed it was the insurer of the twin-engine helicopter that clipped a crane and crashed in central London last week, after being diverted to an early landing pad due to bad weather.