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11.08.26 - 18:01
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AIG CEO on Earnings, Shipping in Hormuz, AI Buildout (Bloomberg)
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American International Group Inc. Chief Executive Officer Eric Anderson talks about how geopolitical risk is providing great opportunities to the insurer. He also speaks about clients that need to travel through the Strait of Hormuz, earnings, the ai buildout and how they use artificial intelligence. He speaks to Bloomberg's Romaine Bostick. (Source: Bloomberg)...
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13.06.26 - 02:54
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Reinsurance buffers crash claim, Tata AIG logs Rs 1,008 crore profit (Times of India)
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The General Insurance Corporation had estimated claims of over $400 million last year from the Air India Ahmedabad crash. Since then, reinsurers have settled some claims. Tata AIG, which was the lead insurer, had a 45% share of the risk. “We fully provided for it in that same quarter itself. Net of reinsurance, our exposure was less than Rs 50 crore,” said Amit Ganorkar, MD & CEO, Tata AIG General....
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10.02.26 - 23:18
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AIG Logs Lower Profit as Net Investment Income Slides (WSJ EN)
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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....
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