|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10.02.26 - 23:18
|
AIG Logs Lower Profit as Net Investment Income Slides (WSJ EN)
|
|
|
The insurance company said the decrease was primarily due to a change in unrealized losses related to AIG's ownership interest in Corebridge Financial and a gain from the divestiture of its global personal travel business in the prior year....
|
|
|
|
|
10.02.26 - 22:18
|
AIG Reports Excellent Fourth Quarter and Full Year 2025 Results (Business Wire)
|
|
|
Fourth Quarter 2025:
Net income per diluted share of $1.35, compared to $1.43 in the prior year quarter; Adjusted after-tax income* (AATI) per diluted share of $1.96, compared to $1.30, up 51% year-over-year
General Insurance underwriting income of $670 million, up 48% year-over-year
General Insurance combined ratio of 88.8%; Accident year combined ratio, as adjusted* (AYCR) of 88.9%
Global Commercial net premiums written (NPW) of $4.5 billion, an increase of 4% year-over-year on a reported basis, or 3% on a comparable basis,*† driven by 11% growth in new business
Returned $809 million of capital to shareholders, including $567 million of share repurchases and $242 million of dividends in the quarter
Return on equity (ROE) of 7.2% and Core Operating ROE* of 11.7%
Full Year 2025:
Net income per diluted share of $5.43, compared to net loss per diluted share of $2.17 in the prior year; AATI per diluted share of $7.09, compared to $4.95, up 43% year-over-year
General Insurance underwriting income of $2.3 bi...
|
|
|
10.02.26 - 18:45
|
Insurance Brokers Extend Monday′s Plunge On Fears AI Is Coming For Them Next (ZeroHedge)
|
|
|
Insurance Brokers Extend Monday's Plunge On Fears AI Is Coming For Them Next
The rolling AI disruption wave, which most recently crushed the software sector, slammed insurance brokers on Monday with losses extending on Tuesday, as most names in the space slumped following reports from Reinsurance News and others that OpenAI approved the first AI insurance app on ChatGPT, built by Spanish digital insurer Tuio.
The insurance brokerage space dived 9% on average on Monday in reaction to the news: among the worst performers were Willis Towers Watson which experienced the steepest decline, its shares falling 13%. Arthur J. Gallagher dropped 9.4%, while Aon shed 8.5%. Ryan Specialty and Brown & Brown fell 8% and 7% respectively, with Marsh & McLennan also down 7%. Insurer AIG saw a more modest decline of 2%.
The market reaction came after OpenAI announced that Tuio's app, powered by WaniWani's AI distribution infrastructure, allows ChatGPT users to receive personalized home insurance quotes direct...
|
|
|
09.02.26 - 22:33
|
Radian Appoints Accomplished Insurance Executive Seraina Macia to Board of Directors (Business Wire)
|
|
|
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that Seraina Macia has been appointed to serve on its Board of Directors. Macia is an accomplished insurance executive with extensive international experience and a proven track record of successfully transforming organizations, driving strategic growth, and building high-performing teams across the US, Europe, Middle East and Africa.
“We are delighted to welcome Seraina to the Radian Board of Directors,” said Radian Non-Executive Board Chairman Howard B. Culang. “As an industry leader with decades of highly differentiated global insurance experience, Seraina will bring a valuable perspective to Radian's Board as the company enters an exciting new era as a global multi-line specialty insurer.”
Macia has more than 35 years of insurance industry experience and has held pivotal senior leadership roles, including as EVP of AIG and CEO of its technology-focused subsidiary Blackboard Insurance, EVP & CEO of AIG Europe, Middle Ea...
|
|
|
|
|
06.02.26 - 22:33
|
AIG Completes Acquisitions of Strategic Minority Ownership Stakes in Convex Group and Onex Corporation (Business Wire)
|
|
|
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has completed the acquisitions of strategic minority ownership stakes in Convex Group Limited (“Convex”), a privately held, global specialty insurer, and Onex Corporation (“Onex”) (TSE: ONEX), a publicly traded global asset manager.
Pursuant to these transactions, AIG has acquired an approximately 35% equity interest in Convex for approximately $2.1 billion, and a 9.9% ownership stake in Onex for approximately $642 million. In conjunction with AIG's investment in Convex, Onex has become the majority shareholder in Convex with a 63% ownership interest.
Peter Zaffino, Chairman & Chief Executive Officer, AIG said, “We could not be more pleased to announce the completion of our minority ownership stakes in Convex and Onex and are confident that these long-term investments will continue to strategically position AIG for growth in the future and will be accretive to AIG's earnings and return on equity i...
|
|
|
|
|
06.02.26 - 17:57
|
AM Best Assigns Credit Ratings to Southbridge Compañía de Seguros Generales S.A. (Business Wire)
|
|
|
MEXICO CITY--(BUSINESS WIRE)--#insurance--AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to Southbridge Compañía de Seguros Generales S.A. (Southbridge) (Santiago, Chile). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings reflect Southbridge's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM), as well as the ongoing support it receives from being part of the Fairfax Financial Holdings Limited (Fairfax) [TSX: FFH] group of companies.
Southbridge is a property/casualty (P/C) insurer, incorporated on May 6, 1980, in Santiago, Chile. Formerly known as AIG Chile Compañía de Seguros Generales, the company changed its name when it was acquired by Fairfax in July of 2017.
Southbridge is authorized to underwrite insurance and reinsurance, and the company is focused on non-...
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
