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Mergers on rocks?

Published May 27, 2016 - 12:01am CST

Nearly a year after announcing their nuptials, Anthem and Cigna and Aetna and Humana are experiencing some jitters. Merger mania tops the Business Insurance week in pictures but there's more.

This week's Top 10 Business Insurance features

Published May 27, 2016 - 12:01am CST

Find out which features on BusinessInsurance.com were the most popular this week.

Former AIG exec to run Everest risk management unit

By: Joyce Famakinwa

Published May 24, 2016 - 1:43pm CST

David Sandler finds niche at new Everest Re operation.

AIG aims to protect crowdfunding investments

By: Joyce Famakinwa

Published May 24, 2016 - 12:35pm CST

American International Group Inc. said Tuesday that it has launched Crowdfunding Fidelity, a product that targets the crowdfunding investment industry.

This week's Top 10 Business Insurance features

Published May 20, 2016 - 12:01am CST

Find out which features on BusinessInsurance.com were the most popular this week.

AIG general counsel to step down

By: Mark A. Hofmann

Published May 17, 2016 - 11:38am CST

Tom Russo will retire as general counsel of American International Group Inc., according to an internal memo sent to AIG employees.

This week's Top 10 Business Insurance features

Published May 13, 2016 - 11:26am CST

Find out which features on BusinessInsurance.com were the most popular this week.

AIG CEO cites milestones, goals in speedy annual meeting

By: Mark A. Hofmann

Published May 11, 2016 - 12:25pm CST

Peter Hancock quickly tackled AIG's strategic goals in shareholder gathering that lasted less than 20 minutes.

AIG management shake-up aftermath

Published May 11, 2016 - 10:39am CST

Several former American International Group Inc. executives have landed new roles within the insurance industry since the financially challenged insurer announced a management shake-up in December. AIG's executive shuffle followed repeated calls from Carl Icahn and other investors for AIG to split itself up.

Bermuda insurer snags AIG exec as chief actuary

By: Joyce Famakinwa

Published May 11, 2016 - 10:22am CST

Robert Katzman will be responsible for leading Argo Group's global actuarial function.

Former AIG exec Nikodem lands at Everest

By: Judy Greenwald

Published May 10, 2016 - 5:21pm CST

Erik Nikodem will lead newly formed U.S. division that brings together underwriting groups, including excess & surplus lines property, retail property and inland marine businesses.

AIG unit gets reinsurance for pre-2009 mortgage policies

By: Mark A. Hofmann

Published May 10, 2016 - 10:49am CST

The insurer said its mortgage insurance business, United Guaranty Corp., has obtained $298.6 million of indemnity reinsurance.

AIG completes sale of broker-dealer unit

By: Mark A. Hofmann

Published May 09, 2016 - 12:23pm CST

American International Group Inc. has completed the sale of its Advisor Group unit to investment funds affiliated with New York-based private equity firm Lightyear Capital L.L.C. and PSP Investments, one of Canada's largest pension investment managers.

Week in pictures

Published May 06, 2016 - 10:38am CST

Wildfires rage in Canada, natural disaster damages jump, automotive recalls gain speed and AIG earnings slump. All in the Business Insurance week in pictures.

CEO: AIG 'on track' despite $183 million 1Q loss

By: Mark A. Hofmann

Published May 03, 2016 - 10:47am CST

Weak investment income, large catastrophe losses hurt insurer though analysts agree it's making progress in its turnaround.

Former AIG exec to head QBE's North American unit

By: Rob Lenihan

Published May 03, 2016 - 10:43am CST

Russell Johnston will succeed retiring executive David Duclos as CEO of QBE North America on May 31.

AIG profit misses expectations for 3rd straight quarter

By: Thomson Reuters

Published May 02, 2016 - 4:18pm CST

The insurer reported a lower-than-expected quarterly operating profit as income from underwriting and returns on investments declined.

AIG-driven venture targets small to medium enterprise market

By: Mark A. Hofmann

Published April 26, 2016 - 11:14am CST

AIG, Hamilton Insurance Group and affiliates of Two Sigma Investments will provide insurance for small to mid-sized companies.

Ryan Specialty hires former AIG specialty marine execs

By: Joyce Famakinwa

Published April 25, 2016 - 2:11pm CST

Two former AIG marine specialists have taken the lead at Ryan Specialty's new specialty marine underwriting manager, Safe Waters.

Insurers jostle for position in trying market

By: Gavin Souter

Published April 24, 2016 - 12:01am CST

Attractive insurance pricing is expected through 2016 as insurers reposition themselves in the commercial property/casualty market.

Innovation Awards key in on cyber security

Published April 18, 2016 - 12:01am CST

This week, in our Spotlight on Excellence video series, we take a closer look at the 2016 Business Insurance Innovation Award winners.

Cyber risks, consolidation pose challenges for directors and officers insurers

By: Mark A. Hofmann

Published April 13, 2016 - 11:22am CST

An increasing number of cyber incidents could create more cyber-related D&O actions going forward, Fitch Ratings said.

Endurance taps former AIG executive for Global Risk Solutions post

By: Rob Lenihan

Published April 12, 2016 - 2:01pm CST

Michael Nardiello will take a senior role with Endurance Specialty Holdings' large-account arm.

MetLife victory gives hope to other 'too big to fail' firms

By: Mark A. Hofmann

Published April 10, 2016 - 12:01am CST

A ruling that regulators were “arbitrary and capricious” in their decision to designate MetLife Inc. a systemically important financial institution is a major victory for insurers, but the battle continues.

U.S. to appeal MetLife financial oversight ruling

By: Mark A. Hofmann

Published April 08, 2016 - 10:12am CST

The federal government will appeal a federal judge’s ruling that MetLife Inc. should be removed from the government’s list of systemically important financial institutions.

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