AIG to Spin Off Life & Retirement Business
The move would “would be the latest dramatic change at a company” that was once "a financial-services behemoth
Former AIG Finance Chief Joins Health Insurance Start-up
Oscar Health announces the hiring of Sid Sankaran two months after AIG replaced him in the CFO role.
AIG Discloses Significant Catastrophe Losses; Names New CFO
AIG accumulated $750 to $800 million in catastrophe losses in the fourth quarter. The insurance company also named Mark Lyons as CFO.
AIG, IBM Partner on Novel Blockchain Contract
The 'smart contract' is said to streamline complex insurance policies for multinational clients.
$5.6B Charge Dims AIG Turnaround Hopes
The charge to cover possible future claims was larger than analysts expected and led to a net loss of $3.04 billion in the fourth quarter.
Lacking Investment Yields, AIG Zeroes in on Profits
AIG Commercial CEO Rob Schimek seeks a bigger bottom line in an era of low investment gains.
Special Report: Insurance at Risk
Despite the obvious advantages of huge surpluses, they have a big downside for property-casualty insurers: complacency.
AIG Names New CFO in Management Shake-up
The moves come amid pressure from activist investor Carl Icahn, but analysts question the departure of finance chief David Herzog.
Is Berkshire Hathaway Systemically Important?
Definitely not, says Warren Buffett, the company's chairman and CEO.
AIG Gets OK to Use Drones to Scan Disaster Areas
The property-casualty insurance giant had asked the FAA if it could use drones to conduct inspections for risk assessment and risk management.