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American International Group has added two new members to its executive committee: John Doyle, CEO of its Property Casualty Global Commercial Insurance unit; and Sid Sankaran, the companys chief risk officer.

Standard & Poors has upgraded American International Group P&C business financial strength rating one notch to A-plus and affirmed the A-plus rating on the its life business citing the successful restructuring of the company over the past two years.

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.

New programs from The Hanover Insurance Group, ACE USA, Stuckey & Co. and Continental Risk.

New programs from The Hanover Insurance Group, ACE USA, Stuckey & Co. and Continental Risk.

A $1.8 million watch owned by record producer and rapper Timbaland hasnt been seen since his 2-year-old daughter played with it. And he wants a subsidiary of AIG to compensate him for the loss.

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.