Greenberg has spent years faulting regulators, his successors and others for the decline of AIG.

Maurice 'Hank' Greenberg admitted to participating and approving two fraudulent reinsurance deals as part of a settlement over a decade-old fraud lawsuit

Fourth-quarter investment income improved and the company recorded a gain tied to the settlement of a risk-sharing dispute.

The reinsurance deal transfers liabilities on certain U.S. policies from 2015 and earlier. The coverage involves so-called long-tail policies, in which claims can emerge years after a policy is issued.

Allianz is currently the fourth largest property and casualty insurer in France.

U.S. insurers are the latest group of investors to start buying ETFs en masse, with one of the fastest adoption rates among institutions.

American International Group Inc.s assurances of underwriting progress are drawing increased skepticism from Wall Street analysts after another disappointing quarter.

American International Group Inc. lifted limits on property claims tied to acts of terrorism to $1 billion as clients ask for more protection in larger cities.