AIG

AIG to float life and retirement business and rebrand as Corebridge

American International Group has filed for an initial public offering (IPO) for its life & retirement business in the US…

Carlyle Group and T&D to buy majority stake in Fortitude Re for $1.8bn

The Carlyle Group and T&D have reached an agreement to purchase a 76.6% stake in Fortitude Re from American International…

Lloyd’s reportedly in talks with insurers AIG, Chubb to boost business in US

Speciality insurance marketplace Lloyd’s of London is reportedly in discussion with American International Group (AIG) and Chubb to strengthen its…

AIG combines reinsurance businesses to launch AIG Re

American International Group (AIG) has formed its new reinsurance entity known as AIG Re after merging the operations of Validus…

Validus Reinsurance targets Canadian reinsurance market

Validus Reinsurance, a Bermudian financial services firm, is reportedly planning to foray into Canadian market to provide insurance products and…

AIG to introduce LatAm Facultative Desk post Talbot integration

American International Group (AIG) has integrated Talbot’s regional facultative underwriting platforms with its regional underwriting team in Miami and Santiago…

AIG and Carlyle create reinsurer Fortitude Re

American International Group (AIG) and The Carlyle Group have completed creation of a new run-off reinsurer Fortitude Re (formerly DSA…

AIG subsidiary Validus to exit Iran

Validus Holdings, a Bermuda-based reinsurer owned by American International Group (AIG), has decided to cease offering insurance coverage to Iranian…

AIG Q3 net loss narrows

American International Group (AIG) has posted a net loss of $1.3bn for the third quarter of 2018, compared to a…

AIG Brexit split receives UK court nod and will go ahead

American International Group (AIG) has secured approval from the High Court of England & Wales to split its European insurance…