The CEO is focusing on improving margins in the property-casualty operations that are the core of AIG.

The personal lines business, which includes car and home coverage, posted an operating loss of $55 million.

Kessler will oversee the design and purchase of the reinsurance programs and report to Chief Operating Officer John Keogh.

MetLife Inc., the New York-based insurer that traces its roots to the 1860s, said its come up with a new name for a U.S. retail unit thats slated for separation.

Allianz SE, Europes largest insurer, is expanding in North America to guard commercial clients against risks in dealmaking.

A former NFL football player is accused of leading an insurance fraud ring in California.

Gen Re has reached an agreement with rival insurer TransRe to improve sales.

AIG named Michael Lewis chief digital officer as the company turns to technology to simplify operations and gain an edge against smaller rivals.