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05.11.26 - 15:03
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CDK Global Appoints Tim Karaca as Chief Financial Officer (Business Wire)
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Software and financial services veteran succeeds Steve Lifshatz, who will support the transition through year-endAUSTIN, Texas--(BUSINESS WIRE)--#CDKGlobal--CDK, the leading automotive retail software provider, today announced the appointment of Tim Karaca as executive vice president and chief financial officer. He succeeds Steve Lifshatz, who will remain with CDK through the end of 2026 to support a seamless transition.
Karaca brings decades of experience across the software and financial services industries, spanning financial leadership, business transformation, strategic planning, capital allocation and operational execution. He previously served as CFO of SolarWinds and, before that, as group vice president of strategic finance and investor relations. Earlier in his career, he served as vice president and head of strategic finance of Mynd Management and held senior finance roles at Bridgewater Associates, Strategic Insight, AIG and Microsoft.
“Having previously worked closely with Tim in both publi...
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03.11.26 - 23:30
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AIG Q3 Profit Rises (AFX)
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WASHINGTON (dpa-AFX) - Insurance giant American International Group, Inc. (AIG) on Tuesday reported an increase in profit for the third quarter, supported by improved investment results, higher Ge......
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03.11.26 - 22:21
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AIG Delivers Strong Third Quarter Results (Business Wire)
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General Insurance net premiums written (NPW) of $6.7 billion, an increase of 7% year-over-year on a reported basis and 8% on a constant dollar basis*, driven by 7%* growth in Global Commercial and 9%* growth in Global Personal
General Insurance combined ratio of 91.3%, and Accident year combined ratio, ex-CAT* of 88.4%
General Insurance underwriting income of $564 million and accident year underwriting income, ex-CAT* of $756 million
General Insurance Net investment income of $1.0 billion, an increase of 9% year-over-year
Net income per diluted share of $1.60 and Adjusted after-tax income* (AATI) per diluted share of $2.06
Return on equity (ROE) of 8.5% and Core Operating ROE* of 11.1%
Book value per share was $74.96, a decrease of 1% year-over-year and Adjusted book value per share* was $81.25, an increase of 5% year-over-year
Returned $787 million of capital to shareholders, through $527 million of share repurchases and $260 million of dividends
NEW YORK--(BUSINESS WIRE)--American International Group, I...
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30.10.26 - 17:24
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Everest To Sell Chile Insurance Unit To AIG (AFX)
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WASHINGTON (dpa-AFX) - Bermuda-based insurer Everest Group, Ltd. (EG) announced on Friday that it has agreed to sell its Chile insurance business to American International Group, Inc. (AIG) or AIG......
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30.10.26 - 15:36
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AIG Announces Agreement to Acquire Everest′s Insurance Operations in Chile and Completes Acquisition of Everest Colombia (Business Wire)
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NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced it has entered into a definitive agreement to acquire Everest Compañía de Seguros Generales Chile S.A. (“Everest Chile”), Everest Group Ltd.'s (NYSE: EG) insurance subsidiary in Chile. AIG also announced the completion of its previously announced acquisition of Everest Compañía de Seguros Generales Colombia S.A. (“Everest Colombia”). Together, the transactions will further strengthen AIG's decades-long presence in Latin America and support the company's long-term growth across one of the world's fastest-developing insurance markets.
Everest Chile serves corporate and upper-middle-market clients, with a portfolio that includes property, energy, marine, financial lines and casualty insurance. Upon completion of the transaction, subsidiaries of AIG will acquire Everest Chile's licensed operations, employees and ongoing insurance business.
“Our acquisition of Everest Chile represents another important ...
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