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The global insurance company has operations in more than 80 countries and jurisdictions, including Bermuda

AIG’s new chairman, general insurance, David McElroy will focus on advancing client development, building relationships and underwriting excellence

Patricia Walsh will serve on the executive leadership team at AIG in New York

The cover will likely be effective when the Validus-RenaisaanceRe deal is concluded, according to a statement

Insurance giant American International Group has formed an independent managing general agency

American International Group made a $6 billion net loss, or $6.85 per common share, for the year, compared with a $3.3 billion profit in 2019. The loss was primarily driven by a $6.7 billion after-tax loss from the sale and deconsolidation of Fortitu...

American International Group Inc reported a slump in third-quarter profit, hurt by losses related to storms, wildfires and the Covid-19 pandemic. Net income attributable to common shareholders fell to $281 million, or 32 cents per share, from $648 mi...

Brian Duperreault is to vacate his position as chief executive officer of American International Group and become executive chairman. He will be succeeded by AIG president Peter Zaffino on March 1. Mr Duperreault, who was born in Bermuda, is a vetera...

AIG, a global (re)insurer, takes great pride in improving the situations and operations of its insureds and local communities. This ambition to assist; wherever possible, extends far beyond the course of normal business. AIG Bermuda has always been a...

American International Group made a loss of $6.7 billion on the sale of its Bermudian-based legacy reinsurer, the insurance giant revealed. AIG reported a net loss of $7.9 billion for the three months from April to June, driven mainly by the hefty ac...

American International Group has donated $35,000 to community efforts to help those most impacted by the Covid-19 crisis. The US-based insurance giant with a 70-year history on the island gave the money to the Bermuda Community Foundation’s Covid-19...

American International Group Inc has entered into an accelerated share repurchase agreement with Citibank, N.A. to repurchase $500 million of AIG’s common stock. It is part of AIG’s existing share repurchase authorisation of $2 billion announced a y...