American International Group Inc. said it would weigh reshaping the company to escape the U.S. government risk tag that brings greater regulatory oversight.
Over the next decade, the IoT is likely to penetrate quickly, connecting half of all U.S. households, filling them with data and interaction. Insurers must look at this changing landscape with a speculative eye and ask: What role do we want to play in this new ecosystem, and how do...
MetLife Inc. CEO Steven Kandarian was accompanied by Washington lawyer Eugene Scalia at a hearing today to challenge regulators proposal to subject the insurer to Federal Reserve oversight, a person with knowledge of the matter said.
The designation of MetLife as a systemically important financial institution on Thursday drew an immediate response from the P&C insurance industry.
American International Group Inc. and Prudential Financial Inc. told regulators they could divest units and halt policy sales to avoid taking a bailout in a future crisis.
American International Group Inc., the largest property-casualty insurer in the U.S. and Canada, joined private-equity firm Oak Hill Capital Management to help start a lender serving medium-sized companies.