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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 ...

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

American International Group Inc.expects global catastrophe-related insured losses to surpass $200 billion in 2025 after the Los Angeles wildfires brought unusually high losses early in the year.

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

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

American International Group Inc. (NYSE:AIG) reported its fourth-quarter 2024 earnings, posting an earnings per share (EPS) of $1.30, slightly surpassing the forecast of $1.28. Revenue for the quarter ...

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

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 ...

At the January 2025 reinsurance renewals, AIG improved the terms of its aggregate catastrophe reinsurance protection, ...

AIG also continued its capital management strategy in 2024, reducing debt by $1.6 billion and returning $8.1 billion to ...

American International Group reported fourth-quarter adjusted net income of US$1.30 per diluted share, up 2% from a year ...