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17.11.25 - 22:18
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Gary Haase to Join Everest as EVP, CEO of Legacy Operations (Business Wire)
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HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing world-class reinsurance and specialty insurance solutions, today announced the appointment of Gary Haase as Executive Vice President and CEO of Legacy Operations, effective December 1, 2025. He will report to Jim Williamson, Everest's President and CEO, and will join the Company's Executive Leadership Team.
The appointment follows Everest's recent $2B renewal rights sale of its commercial retail insurance business to AIG, a strategic step in refocusing the Company on its core, high-performing global businesses. Mr. Haase will lead the strategy and execution of Everest's legacy insurance portfolios, driving capital efficiency, operational discipline, and long-term value.
“Gary's broad and diverse experience — from actuarial and claims to M&A and technology transformation — makes him uniquely qualified for this role and an exceptional addition to our senior team,” said Jim Williamson. “H...
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05.11.25 - 02:15
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Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIG (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that the previously announced secondary offering by American International Group, Inc. (NYSE: AIG) of common stock of Corebridge Financial has priced at $31.10 per share. The offering is expected to close on November 6, 2025, subject to customary closing conditions.
AIG, as the selling stockholder, has offered 32.6 million existing shares of common stock (out of approximately 520 million total shares of common stock outstanding) of Corebridge Financial, corresponding to approximately $1.0 billion of gross proceeds. All of the net proceeds from the offering will go to AIG.
In addition, Corebridge Financial, Inc. announced that, subject to the completion of the offering, it intends to purchase approximately $500 million of common stock from the underwriter at the same per share price to be paid by the underwriter to AIG, net of underwriting discounts and commissions. Corebridge Financial, Inc. intends to fund the purchase with...
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04.11.25 - 22:21
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AIG Reports Excellent Third Quarter 2025 Results (Business Wire)
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Net income per diluted share of $0.93, up 31%, and adjusted after-tax income* (AATI) per diluted share of $2.20, up 77% year-over-year
Net income of $519 million, up 13%, and AATI of $1.2 billion, up 52% year-over-year
On October 30, AIG announced strategic investments in Convex Group, a privately held global specialty insurer, and Onex Corporation, a global asset manager
On October 27, AIG announced definitive agreements to acquire the renewal rights for a majority of Everest Group's global retail commercial insurance portfolios, representing $2 billion of aggregate premium
General Insurance underwriting income of $793 million, up 81% year-over-year
Net premiums written (NPW) of $6.2 billion, a decrease of 2% year-over-year on a reported basis, or 1% on a comparable basis*†
General Insurance combined ratio of 86.8%, a 580 basis point improvement year-over-year
Accident year combined ratio, as adjusted* (AYCR) of 88.3%, flat year-over-year
Net investment income of $772 million, a decrease of 21%, and n...
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04.11.25 - 08:00
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AIG Schweiz: 40 Fränkli für Xmas-Fest (Inside Paradeplatz)
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Statt Dinner in Edelkneipe gibts beim US-Versicherer Büro-Breakfast in Zürich-Nord. Laut Wirt drücken UBS und Co. auf Preise für Personal-Feten.
Die AIG hat sich nach ihrem Fast-Untergang in der Subprime-Krise 2008 wieder erholt. In Opfikon-Glattbrugg betreibt der US-Versicherungs-Gigant seinen Schweizer Ableger. Die dortigen rund 60 Mitarbeiter erleben nun die US-Spar-Kultur in Reinform. Die Zentrale in Übersee hat für die gesamte […]...
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