AIG launches new cyber threat analysis to gauge companies' risks
Posted on Dec 12, 2017 (4 days ago)
AIG's underwriters have been using the computerized analysis since November, which combines information from a new insurance application designed for the process and data about current cyber threats to generate scores on various related factors, said Tracie Grella, AIG's global head of Cyber Risk Insurance, in an interview. The analysis scores companies on the degree to which a cyber attack may affect their businesses and the potential costs of various cyber incidents, among other issues, according to a sample report seen by Reuters.
See what the IHS Markit Score report has to say about American International Group Inc.
Posted on Dec 8, 2017 (8 days ago)
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last month, growth of ETFs holding AIG is favorable, with net inflows of $15.07 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
AIG Announces Adjustments to Warrant Exercise Price and Shares Receivable Upon Warrant Exercise
Posted on Dec 7, 2017 (9 days ago)
American International Group, Inc. today announced that in accordance with the terms of the outstanding warrants to purchase shares of AIG Common Stock, par value $2.50 per share, the Warrant exercise price will be reduced to $44.0005 per share from $44.1299 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.023 from 1.020.
American International Group Inc. said Tuesday it has named Tom Bolt as chief underwriting officer for general insurance, effective January. Bolt, who will join AIG from Berkshire Hathaway Specialty Insurance ...
MOVES-AIG names new chief underwriting officer of general insurance unit
Posted on Dec 5, 2017 (11 days ago)
U.S. commercial insurer American International Group Inc on Tuesday named Tom Bolt chief underwriting officer of its general insurance unit. Bolt joins from Berkshire Hathaway Specialty Insurance, where ...
AIG Names Tom Bolt as Chief Underwriting Officer, General Insurance
Posted on Dec 5, 2017 (11 days ago)
American International Group, Inc. today announced that Tom Bolt will join the company as Chief Underwriting Officer, General Insurance. He will be responsible for developing a global framework for underwriting standards, authority and structure that is aligned with AIG’s overall risk appetite.
AIG Introduces State of New York’s First Fixed Annuity with a Guaranteed Lifetime Withdrawal Benefit
Posted on Nov 29, 2017 (17 days ago)
American International Group, Inc. , announced today the launch of Assured Edge Income Builder-NY, a new fixed annuity product issued by The United States Life Insurance Company in the City of New York.
MOVES-John Berger named CEO of newly launched Ascot Re
Posted on Nov 27, 2017 (19 days ago)
Ascot Group Ltd said on Monday it launched Ascot Reinsurance Co Ltd and appointed John Berger as its chief executive, effective January. Previously, Berger has held roles as the principal executive officer ...
Big insurers welcome regulators' rethink of sector risks
Posted on Nov 21, 2017 (25 days ago)
Global regulators are rethinking how to assess risks in big insurance companies, marking a shift that could make life easier for the industry. The Financial Stability Board said on Tuesday it could take a different approach to assessing risk which would change the way it compiles a list of "systemically" important insurers that must comply with tough rules to cushion them against losses. The FSB, which coordinates financial rules across the Group of 20 (G20) economies, first created its list of globally systemic insurers in 2013 and updates it each November.