California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-created safety net program ...

He noted the success of AIG Next, which achieved $450 million in run-rate savings by year-end. Keith Walsh, CFO, explained the impact of the organizational changes, which included improvements in ...

Peter Zaffino; Chairman of the Board, Chief Executive Officer; American International Group Inc Keith Walsh Walsh; Executive Vice President, Chief Financial Officer; American International Group Inc ...

With the recent California wildfires seen as likely to drive the second most costly first-quarter on record for the global ...

As the global reinsurance industry absorbs the realisation that the California wildfires have driven a particularly costly ...

During global insurer AIG's full-year 2024 earnings call, CEO Peter Zaffino provided a sobering outlook for the insurance and ...

AIG is estimating a half a billion dollar loss due to the California wildfires this month. Peter Zaffino, AIG chairman and ...

American International Group's (AIG) solid underwriting performance, net investment income, and top-line growth contributed ...

Despite challenges from natural catastrophes, including the California wildfires, AIG earns Q4 net income of $898 million.

For the full year, adjusted net income was US$4.95 per share, reflecting a 12% increase year over year, or 28% on a ...