American International Group Inc

American International Group Inc exceeded market estimates for quarterly profit on Thursday as its general insurance business faced fewer natural catastrophe and COVID-19 pandemic-related claims.

American International Group said on Monday it has appointed insider Shane Fitzsimons as its chief financial officer, replacing Mark Lyons, as the insurer prepares for the separation of its life and retirement business.

American International Group said on Monday it has appointed Shane Fitzsimons as chief financial officer, replacing Mark Lyons who will step into another role from January. (Reporting by Amruta Khandekar; Editing by Devika Syamnath)

American International Group said on Wednesday Chief Executive Officer Peter Zaffino would take on the additional role of board chairman from next year, replacing Brian Duperreault.

American International Group Inc is tightening terms of its cyber insurance, noting that its own premium prices are up nearly 40% globally, with the largest increase in North America, the U.S. insurer's chief executive said on Friday.

American International Group Inc beat second-quarter profit estimates on Thursday, driven by strong performance in its general insurance and life and retirement units.

American International Group Inc, one of the largest U.S. insurers, has set Sept. 14 as its global return-to-office date, Chief Executive Officer Peter Zaffino told employees on Wednesday in a memo seen by Reuters.

American International Group Inc plans to use an IPO to sell part of its life and retirement business, while Blackstone Group Inc agreed to buy a sizeable stake, according to a person familiar with the matter.

Former Aviva Plc Chief Financial Officer Tom Stoddard joined Bank of America Corp as vice chairman of investment banking, according to an internal memo, returning to his advisory roots after a stint in the insurance industry.

American International Group INC has decided to use an IPO to sell a 19.9% stake in its life and retirement business, Chief Executive Officer Peter Zaffino said on Friday, dashing prospects for potential bidders.

American International Group Inc beat first-quarter profit estimates on Thursday, as strong performance in its general insurance and life and retirement units blunted the hit from winter storms and coronavirus-related mortality claims.

Athene Holding Ltd said on Thursday that it is not in discussions with insurer American International Group Inc about an acquisition, a day after Athene's chief said the company had expressed interest to AIG about a deal.

American International Group Inc said on Wednesday it is hiking some commercial insurance rates by as much as 45%, a trend it sees persisting in 2021, as the company prepares to install Peter Zaffino as its new chief executive on March 1.

* AIG PRESIDENT SAYS RECEIVED INQUIRIES FROM PARTIES INTERESTED IN POTENTIALLY PURCHASING 19.9% STAKE IN LIFE AND RETIREMENT UNIT-CONF CALL

Insurer American International Group Inc <AIG.N> said on Friday it is considering an initial public offering or a private sale of nearly 20% of its life and retirement business to separate the unit from the rest of the company over the coming year.

American International Group Inc <AIG.N> reported a slump in third-quarter profit on Thursday, hurt by losses related to storms, wildfires and the COVID-19 pandemic.

Insurer American International Group Inc <AIG.N> on Monday said its board approved a plan to separate the life and retirement business from the rest of the company, and named President Peter Zaffino as chief executive officer, effective next year.

American International Group Inc agreed to give up claims to more than $400 million of foreign tax credits and to accept a 10% tax penalty to settle accusations it used abusive tax shelters, the U.S. Department of Justice said on Friday.

American International Group Inc agreed to settle a tax shelter lawsuit related to the entering of sham transactions designed to generate bogus foreign tax credits, Acting U.S. Attorney Audrey Strauss in Manhattan said on Friday.