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30.04.26 - 22:21
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AIG Reports Excellent First Quarter 2026 Results (Business Wire)
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Net income per diluted share of $1.41, an increase of 22% year-over-year; Adjusted after-tax income* (AATI) per diluted share of $2.11, an increase of 80% year-over-year
General Insurance net premiums written (NPW) of $5.6 billion, an increase of 24% year-over-year on a reported basis, or 18% on a constant dollar basis*, driven by 21%* growth in Global Commercial and 11%* growth in Global Personal
General Insurance underwriting income of $774 million, more than tripled, or increased 219% year-over-year
General Insurance combined ratio of 87.3%, an 850 basis point improvement year-over-year; Accident year combined ratio, as adjusted* (AYCR) of 86.6%, a 120 basis point improvement
Net investment income of $712 million, a decrease of 36% year-over-year; Net investment income on an adjusted pre-tax income* (APTI) basis of $915 million, an increase of 8%
Return on equity (ROE) of 7.5% and Core Operating ROE* of 12.2%
Returned $760 million of capital to shareholders, including $519 million of share repurchases ...
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27.04.26 - 13:36
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AIG Completes Its Planned CEO Transition Plan (Business Wire)
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Eric Andersen to Become Chief Executive Officer of AIG and join the Board of Directors on June 1st
Peter Zaffino To Become Executive Chair of the AIG Board of DirectorsNEW YORK--(BUSINESS WIRE)--The AIG Board of Directors announced today that effective June 1, 2026, Eric Andersen will become President and Chief Executive Officer of AIG and join the AIG Board of Directors and Peter Zaffino will become Executive Chair of the AIG Board of Directors, marking the successful conclusion of the company's previously announced leadership transition plan.
“I want to express my appreciation and gratitude to Peter Zaffino for his tremendous leadership, tireless commitment and contributions in transforming AIG and restoring the Company to its market leadership position,” said Mr. Andersen. “I am honored to serve as AIG's next Chief Executive Officer and want to thank Peter and the AIG Board of Directors for the opportunity to lead this iconic company. Since joining AIG in February as President and CEO-Elect, I ...
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21.04.26 - 12:36
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Oscar Health, Inc. Appoints Director Siddhartha Sankaran as Independent Chair of the Board (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar” or the “Company”) (NYSE: OSCR), a leading healthcare technology company, today announced the appointment of independent director Siddhartha Sankaran as Chair of the Board, effective June 4, 2026. Sankaran will succeed Jeffery Boyd, who has served as Chair since February 2021 and is not standing for reelection at Oscar Health's Annual Meeting.
Sankaran has more than 20 years of leadership in the insurance industry, serving in executive roles at multiple public companies, including at American International Group, Inc., SiriusPoint Ltd. and FWD Group Holdings Limited. He brings a wealth of expertise from serving on numerous boards. He also contributed to building robust governance practices and standards in his five years of service on Oscar Health's Board.
Mark Bertolini, Oscar Health's Chief Executive Officer, said: "The individual market is the future of healthcare for millions of consumers and businesses. I am thrilled to have Sid le...
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17.04.26 - 03:03
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Why The Crash Was Delayed (ZeroHedge)
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Why The Crash Was Delayed
Authored by Robert Aro via Mises Institute,
Whatever happened to the mother of all crashes that was supposed to arrive when the Federal Reserve began tightening its balance sheet back in 2022? For several years, I've been scratching my head, convinced that draining the balance sheet by trillions of dollars should have triggered a systemic banking failure or some other Black Swan event. In the past, crises like Lehman/AIG or the 2020 lockdowns took the blame, when in reality, the root cause was always monetary.
From the peak in June 2022 to the trough in December 2025, the asset side of the Fed's balance sheet shrank by roughly $2.3 trillion. That was the front door. But through the back door, something else was happening on the liability side: the Fed's Overnight Reverse Repo Facility (RRP) was releasing $2.5 trillion of previously frozen private liquidity back into the financial system.
If Quantitative Tightening (QT) removed liquidity, the RRP added it back.....
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