-
By Phil Gusman, PropertyCasualty360.com |
May 24, 2012
With 2012’s first quarter in the books, executives and industry observers have noted that property and casualty pricing remains on the upswing. Following are observations from industry leaders made during conference calls and in recent analyses in response to 2012 first-quarter results.
-
By Reuters |
May 17, 2012
New York's Attorney General must review his predecessor's private emails relating to a probe of American International Group Inc and decide whether to release them to the public, a state judge has ruled.
-
By Reuters |
May 17, 2012
The Federal Reserve Bank of New York said on Thursday it has postponed the latest sale of mortgage-backed assets from the Maiden Lane III portfolio, which it acquired as part of a rescue package for the giant U.S. insurer AIG.
-
By Reuters |
May 16, 2012
Bailed-out insurer American International Group Inc will sell its shares in Asian insurer AIA Group Ltd after a lock-up period expires in early September, Chief Executive Bob Benmosche said on Wednesday.
-
By Jonathan Stempel (Reuters) |
May 15, 2012
Former American International Group Inc Chief Executive Maurice "Hank" Greenberg said New York's attorney general should be barred from invoking a 91-year-old state law in a fraud case over two suspect reinsurance transactions.
-
By Reuters |
May 7, 2012
The U.S. Treasury has agreed to cut its ownership stake in American International Group Inc to 63 percent by selling 163.9 million shares for approximately $5 billion, with the insurer agreeing to buy back about $2 billion worth.
-
By Chad Hemenway, PropertyCasualty360.com |
May 4, 2012
Driven by profits in all core business units—especially its property and casualty insurance unit—American International Group Inc.’s first-quarter net income climbed more than 147 percent.
-
By Staff Writer |
April 26, 2012
Excess and surplus-lines carriers are beginning to see signs of a market change, including a shift in standard-carrier appetite for traditional E&S risks, according to an SNL Financial analysis.
-
By Grant McCool, Reuters |
April 25, 2012
American International Group Inc. has sued the co-founder and former chief executive of its aircraft-leasing unit, Steven Udvar-Hazy, accusing him and other former employees of stealing several thousand electronic files containing trade secrets.
-
By Karen Freifeld, Reuters |
April 25, 2012
New York judge on Tuesday rejected an effort by American International Group Inc and other objectors to Bank of America Corp's proposed $8.5 billion mortgage bond settlement.
