Oscar Health announces the hiring of Sid Sankaran two months after AIG replaced him in the CFO role.
AIG accumulated $750 to $800 million in catastrophe losses in the fourth quarter. The insurance company also named Mark Lyons as CFO.
The 'smart contract' is said to streamline complex insurance policies for multinational clients.
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.
Twenty CFOs who have career-defining tests ahead.
AIG Commercial CEO Rob Schimek seeks a bigger bottom line in an era of low investment gains.
Despite the obvious advantages of huge surpluses, they have a big downside for property-casualty insurers: complacency.
The moves come amid pressure from activist investor Carl Icahn, but analysts question the departure of finance chief David Herzog.
Definitely not, says Warren Buffett, the company's chairman and CEO.
The property-casualty insurance giant had asked the FAA if it could use drones to conduct inspections for risk assessment and risk management.
It never happened, of course. But AIG's former CEO Maurice Greenberg believes the federal government didn't have the authority to step in.
A steady drop in insurance companies’ investment income is prodding them to charge you more.
