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American International Group has tapped a former employee to head the sale of home, auto and life insurance in emerging markets.

American International Groups property and casualty business was able to generate rate increases of 7.3 percent in the U.S. as it shifted its emphasis to high-value businesses, its top officials told analysts today.

On July 9, it became official: The Federal Stability Oversight Council designated American International Group (AIG) as a systemically important financial institution (or SIFI), pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act. Two more firmsGE and Prudential Financialwere also named as SIFIs. GE will accept the designation,...

American International Group Inc. says it has retired the Chartis brand in Canada and its P&Cinsurance business there will operate as AIG Insurance Company of Canada.

For the first time in 150 years, an insurer will be federally regulated. AIG has chosen not to challenge its designation by the Fed as a systemically important financial institution.

For the first time in 150 years, an insurer will be federally regulated. AIG has chosen not to challenge its designation by the Fed as a systemically important financial institution.

AIG says its P&C insurance business in Canada will operate as AIG Insurance Company of Canada.

AIG says its P&C insurance business in Canada will operate as AIG Insurance Company of Canada.