Reinsurance News
AIG news
News about American International Group (AIG), one of the world’s largest insurance and reinsurance groups.
Our news about AIG includes the companies financial results, new hires, product launches, affiliations and also coverage of its reinsurance operations Validus in Bermuda.
Sandeep Gopal named AIG’s Chief Risk Officer, APAC
3rd July 2025
Sandeep Gopal has joined global insurer American International Group (AIG) as Chief Risk Officer, Asia Pacific (APAC). In his new role, Gopal will lead the Enterprise Risk Management strategy in the region, focusing on strengthening risk governance, ensuring regulatory alignment, and supporting sustainable business growth across Asia Pacific. Additionally, he will work ... Read the full article
Moody’s upgrades ratings of AIG P&C subsidiaries with stable outlook
18th June 2025
Credit ratings agency, Moody's Ratings, has upgraded the insurance financial strength ratings of global insurer AIG's major property & casualty (P&C) subsidiaries in the US, UK and Europe to A1 from A2, with the outlook revised to stable from positive. According to Moody’s, the upgrade of AIG and its flagship US ... Read the full article
AIG appoints Angelo Colombo as CEO, Latin America and the Caribbean
15th May 2025
Angelo Colombo has been appointed as Chief Executive Officer of American International Group (AIG) Latin America and the Caribbean (LAC), effective June 2, 2025, subject to regulatory approval. Colombo joins AIG from Swiss Re Corporate Solutions, where he most recently served as Regional CEO of Latin America. He holds over 20 years ... Read the full article
We’ll be proactive to ensure appropriate loss costs & margin amid tariff uncertainty: AIG CEO
2nd May 2025
There is still significant uncertainty around the topic of tariffs and as the potential implications for insurers and reinsurers continues to evolve, in terms of what line of business and what part of the world, global carrier AIG is going to be proactive and ensure it has the appropriate loss ... Read the full article
AIG reports Q1’25 NPW of $4.5bn as LA wildfires dent underwriting result
2nd May 2025
Global insurer American International Group (AIG), Inc. has reported strong top-line growth with net premiums written (NPW) for the first quarter of 2025 hitting $4.5 billion, flat year-over-year on a reported basis, although the general insurance (GI) combined ratio deteriorated to 95.8% amid higher catastrophe losses. On a comparable basis, NPW ... Read the full article
Ray Hall appointed Head of AIG’s Western World
22nd April 2025
Global insurer American International Group (AIG), Inc. has appointed Ray Hall as Head of Western World, effective immediately, based in Scottsdale, Arizona. In the role, Hall will report to Lou Levinson, President and Chief Executive Officer, Lexington Insurance, an AIG subsidiary. He will drive and execute the firm’s strategies for the contract ... Read the full article
Emma Woolley appointed CEO of AIG’s Talbot
4th March 2025
Global insurer AIG's Talbot Underwriting, an international insurer and reinsurer operating within the specialist Lloyd's marketplace via Syndicates 1183 and 2019, has appointed Emma Woolley as its new Chief Executive Officer (CEO), effective March 2025. Talbot has been part of AIG since 2018 when the carrier acquired Validus for $5.56 ... Read the full article
Saudi EXIM signs reinsurance agreements with Allianz Trade, Bpifrance, and AIG
26th February 2025
The Saudi Export-Import Bank (Saudi EXIM) has signed three reinsurance agreements with global players: Allianz Trade, Bpifrance, and American International Group (AIG) to bolster trade finance and credit insurance solutions. His Excellency Eng. Saad bin Abdulaziz Al-Khalb, Chief Executive Officer of Saudi EXIM, signed the agreements during an official visit to ... Read the full article
Lloyd’s platform benefits most attractive for strategic gains, poll suggests
21st February 2025
Following Convex Group's recent approval in principle for syndicate 1984 at Lloyd's and AIG's launch of syndicate 2478, we asked our readers their thoughts on the strategic advantages driving these global re/insurers' ventures into the world's oldest insurance and reinsurance marketplace. Most respondents (41%) cited the benefits of the Lloyd’s platform ... Read the full article
AIG elects Salesforce’s Juan Perez as Independent Director to its Board
21st February 2025
Global insurer American International Group (AIG), Inc. has elected Juan Perez, Executive Vice President and Chief Information Officer (CIO) of Salesforce to its Board of Directors as an Independent Director, effective immediately. Perez has over three decades of experience leading strategic technology initiatives at Fortune 500 companies and is a distinguished ... Read the full article
Potential $200bn of insured cat losses could recalibrate the entire industry: AIG CEO
12th February 2025
During global insurer AIG's full-year 2024 earnings call, CEO Peter Zaffino provided a sobering outlook for the insurance and reinsurance industry, forecasting that after the extremely costly Los Angeles wildfires, 2025 could see insured catastrophe losses surpass $200 billion. This outlook follows the release of the company’s strong ... Read the full article
AIG ‘grateful’ for partnerships after ‘very strong’ Jan 1 2025 reinsurance renewals: CEO Zaffino
12th February 2025
Global insurer AIG had another strong renewal season at 1.1 2025, with Chairman and Chief Executive Officer (CEO), Peter Zaffino, stating that since the reinsurance sector's major reset at the January 2023 renewals, the firm's consistency, strategy, placement, and execution has positioned it "very favourably." Zaffino discussed the primary insurer's 1.1 ... Read the full article
AIG reports Q4’24 net income of $898m as GI net premiums climb 6%
12th February 2025
AIG has reported net income attributable to common shareholders of $898 million for Q4 2024, a significant increase from $86 million in the same period of 2023, while General Insurance net premiums written (NPW) rose to $6.1 billion. It is worth noting that in Q4 2024, AIG realigned its organisational ... Read the full article
AIG expands Jon Hancock’s responsibilities amid business restructure
28th January 2025
AIG has announced an expanded global leadership role for Jon Hancock as the company reorganises its business into three distinct segments: North America Commercial Insurance, International Commercial Insurance, and Global Personal Insurance. According to the firm, Hancock will continue to lead the International Commercial Insurance business and will assume additional responsibility ... Read the full article
AIG names Christopher Flatt as Global CUO
9th January 2025
Large, global insurance carrier American International Group, Inc. (AIG) has promoted Christopher Flatt to the role of Global Chief Underwriting Officer (CUO), succeeding Christopher Schaper, who was named Chief Risk Officer back in November 2024. Flatt assumes his new role effective immediately, and reports directly to Peter Zaffino, Chairman & ... Read the full article
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