Archive

AIG appoints Christopher Schaper as CRO

AIG reshuffles senior roles

Aviva to acquire AIG's UK protection business for £460m

RenRe acquires treaty reinsurer Validus Re in $3bn deal

AIG will retain Talbot Underwriting and Western World

AIG appoints Charlie Fry to risk capital optimisation role

Tom Bolt appointed AIG's chief risk officer

Bolt replaces Sabra Purtill

AIG's climate policy transforms it from laggard to leader

Long-awaited fossil fuel restrictions welcomed by environmental campaigners

Soaring cat risk means business model has to change, says AIG's CEO

Cat levels 10 times previous decade and zero profitability from California

The golden state becomes too hot to handle

Property catastrophe losses in California have soared, with the result that insurers increasingly don't want to underwrite there. Could this be the beginning of a withdrawal from cat perils in other US states? Sarfraz Thind reports

Current cat losses are unprecedented for industry, says AIG's Zaffino

Climate change has seen historic losses as industry grapples with new normal