AIG
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AIG posts positive Q2 results
Lower-than-expected catastrophe losses have helped AIG record positive results for Q2 2023. The insurer recorded a 10% increase in general…
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AIG appoints new global chief underwriting officer
Christopher Schaper, currently CEO of AIG Re, has been named global chief underwriting officer of AIG. The insurer said the…
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AIG’s commercial lines underwriting income jumps to $1.88bn from $207m
AIG’s general insurance business delivered its best-ever underwriting profit last year, up nearly 100% to $2.05bn from $1.06bn, with commercial…
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AIG appoints head of captive solutions and group captives lead
AIG has appointed two executives to its AIG Captive Solutions leadership team. Ryan Gustafson becomes head of captive solutions and…
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How exposed is your captive to inflation?
During the past two to three years, as a response to hardening commercial insurance rates, many captive owners have increased…
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CEO Zaffino signs five-year deal at AIG
AIG president and CEO Peter Zaffino has signed a new agreement that will keep him at the insurer for the…
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AIG whitepaper highlights challenging D&O market
The outlook for the D&O market remains challenging as the risk environment is more uncertain than ever, according to a…
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Energy insurance: redesigning the multinational blueprint
As a result of the global pandemic and subsequent economic crisis, the energy sector has faced two years of major…
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Managing multinational marine policy limit exposure
Rajika Bhasin, associate general counsel, AIG multinational, and Lisa Boon, marine multinational lead at AIG, discuss the issue of multinational…
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Multinational auto liability: confidence, control and collaboration
While commercial insurance is widely used to effectively manage risk and satisfy contractual obligations, most coverages are not considered mandatory.…
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The defining factors
Technology is here to stay and global programmes simply cannot run with it, according to one insurer. Tony McHarg, head…
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Building awareness of environmental risks in infrastructure projects
As governments around the world look to steer their economies towards recovery from the worst recession in living memory, infrastructure…
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AIG appoints chief underwriting officer, international casualty
Ciara Brady has joined American International Group (AIG) as chief underwriting officer, international casualty. She succeeds Patrick Mailloux, who has…
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Wind: Mitigating the environmental impact
While the climate case for renewables is undeniable and the economic case is becoming increasingly compelling, clean energy does present…
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AIG chooses IPO over private bids for life spinoff
AIG has said it will launch an IPO to sell a 19.9% stake in its life unit as part of…
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Collaboration: The key to navigating a hard market
A hard insurance market has traditionally been a bellwether for captive growth. Previous hard markets have seen existing captive owners…
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Cybersecurity: Setting the tone at the top
An organisation’s approach to cybersecurity must be embedded within its overall approach to enterprise risk management, with boards responsible for…
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International public companies and US securities class actions – a hidden risk?
D&O liability exposures faced by internationally listed companies outside the US have increased during the past few years, and will…
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Financial Interest Clauses – recent developments affecting multinational insurance programmes
International Programme News: We understand that a recent tax decision in India addressed Financial Interest Clauses (FICs) in multinational insurance…
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Best practice for Belt and Road megaprojects
The Belt and Road’s major infrastructure and energy projects stand to benefit from the support of risk and insurance partners…