AIG Travel's Travel Guard® insurance products and services now available to United Airlines' customers
Posted today (6 hours ago)
HOUSTON , Oct. 18, 2017 /PRNewswire/ -- AIG (NYSE: AIG) announced today the availability of its Travel Guard® travel insurance products and services on United.com and the United mobile app. The program ...
Every business owner knows the huge risks associated with transacting with external parties, both known and unknown. Any number of unforeseen or unknown factors, including failure to comply, bankruptcy, ...
AIG sees third-quarter catastrophe losses of about $3 billion
Posted on Oct 9, 2017 (8 days ago)
The company estimated pre-tax losses of about $1 billion each from Harvey and Irma, up to $700 million from Maria and additional catastrophe losses, including earthquakes in Mexico, of about $150 million. Morgan Stanley analysts said the losses were slightly above their estimate of $2.5 billion, but were manageable as it equated to about 2.6 percent of book value. Chubb Ltd (CB.N), the world's largest listed property and casualty insurer, has estimated after-tax losses of up to $1.28 billion from hurricanes Harvey and Irma.