The CEO of MarketScout says Berkshire Hathaways hiring of four seasoned executives away from American International Group could disrupt commercial market rate increases should the company decide to enter the primary marketplace to expand its market share.
AIG CEO Robert H. Benmosche says the company still has plenty of top performers after losing a quartet of executives to Berkshire Hathaway, where CEO Warren Buffett says he'd like to get into commercial insurance "very big time."
The CEO of AIG, Robert Benmosche, put himself at odds with critics within the financial services industry and Congress opposed to higher capital standards when he said they are justified given the 2008 financial crisis.
The CEO of AIG, Robert Benmosche, put himself at odds with critics within the financial services industry and Congress opposed to higher capital standards when he said they are justified given the 2008 financial crisis.
American International Group Inc. reports a fourth-quarter net loss of $4 billion on losses related to Superstorm Sandy and the sale of an aircraft leasing unit.
American International Group Inc. reports a fourth-quarter net loss of $4 billion on losses related to Superstorm Sandy and the sale of an aircraft leasing unit.
A report by the Special Inspector General for the Troubled Asset Relief Program sharply criticized the Treasury Department for failing to rein excessive pay for top executives of companies that received government bailouts through the Troubled Asset Relief Program.
A report by the Special Inspector General for the Troubled Asset Relief Program sharply criticized the Treasury Department for failing to rein excessive pay for top executives of companies that received government bailouts through the Troubled Asset Relief Program.
American International Group wont join or take over a lawsuit championed by the companys former Chairman and CEO, Maurice Hank Greenberg, over the governments 2008 bailout of the insurance giant.