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.

Third Point Reinsurance Ltd. likened the risk of mergers and acquisitions to picking a spouse without being aware of how much can go wrong.

AIG agreed to sell commercial and consumer units in nations including Argentina and Turkey to Prem Watsas Fairfax Financial Holdings Ltd. for $240 million.

Approximately 70% of outstanding cat bonds are tied to U.S. hurricanes, according to Bill Dubinsky, who leads the insurance-linked securities practice at Willis Towers Watson Plc.

AIG's business in Brazil agreed to transfer about 25,000 auto policies to a unit of Porto Seguro SA as the U.S. company scales back its international businesses.

Hamilton Insurance Group Ltd., the Bermuda insurer thats backed by principals of hedge fund firm Two Sigma Investments, hired former AIG executive Seraina Maag to run its operation in the U.S.

Insurers expect to slow purchases of high-grade corporate debt and hold more cash over the next two years, potentially squeezing already low returns, BlackRock Inc. said.