Reinsurance News
AIG news
News about American International Group (AIG), one of the world’s largest insurance and reinsurance groups.
Our news about AIG includes the companies financial results, new hires, product launches, affiliations and also coverage of its reinsurance operations Validus in Bermuda.
AIG achieved enhanced terms and favourable pricing at Jan 1 reinsurance renewals: CEO Zaffino
11th February 2026
Peter Zaffino, Chairman and Chief Executive Officer (CEO) of global insurer AIG, said today that he's "very pleased" with the carrier's outcome at the January 1st, 2026, reinsurance renewals, as the environment was very favourable for buyers amid an increased supply of reinsurance capacity. As is typical on AIG's fourth ... Read the full article
AIG’s GI underwriting income rises 48% in Q4’25
11th February 2026
Global insurer American International Group, Inc. (AIG) reported that its General Insurance (GI) underwriting income rose 48% year-over-year to $670 million in the fourth quarter of 2025, up from $454 million in the same period in 2024. The increase was driven by lower catastrophe-related charges of $125 million, representing 2.1 loss ... Read the full article
AIG completes minority stake acquisitions in Convex and Onex
9th February 2026
AIG, Onex Corporation and Convex have completed a sweeping deal that gives Onex a 63% controlling stake in the specialty insurer, AIG a roughly 35% minority stake and a 9.9% holding in Onex, and establishes a broader long-term strategic partnership including reinsurance and capital commitments. Pursuant to the previously announced ... Read the full article
AIG names Neil Smallcombe President of Lexington Insurance Company
23rd January 2026
Global insurer American International Group (AIG) has announced the promotion of Neil Smallcombe as President, Lexington Insurance Company, the firm’s U.S. surplus lines insurer. In his new role, Smallcombe will leverage his over two decades of industry experience to lead Lexington’s A&E, Casualty, Healthcare and Western World businesses. He will also work ... Read the full article
AIG to leverage CVC’s investment expertise in new strategic partnership
19th January 2026
AIG and CVC have partnered to support AIG’s long-term investment goals, including the creation of large-scale separately managed accounts across CVC’s credit strategies and the launch of CVC’s private equity secondaries evergreen platform with AIG as a cornerstone investor. CVC will establish its private equity secondaries evergreen platform, with AIG contributing ... Read the full article
Brenda Stewart to lead AIG’s Captive Management & Advisory team
15th January 2026
Brenda Stewart has been promoted to Head of Captive Management & Advisory at global insurer American International Group (AIG). In her new role, Stewart will be responsible for leading the global captive management, segregated cell and advisory groups within AIG Captive Solutions. She will also oversee client relationship management, new business development, ... Read the full article
Aon’s Eric Andersen named AIG President and CEO as Peter Zaffino transitions to Executive Chair
6th January 2026
Peter Zaffino, President and CEO of global insurer American International Group, Inc. (AIG), has informed the firm's Board that he plans to transition to Executive Chair of AIG and retire as CEO by mid-year 2026, with Aon's Eric Andersen named as his successor. Most recently, Andersen served as a member of ... Read the full article
Ryan Spettigue joins AIG as Head of Client and Broker Engagement, Australia
5th January 2026
Ryan Spettigue has joined AIG as the firm's new Head of Client and Broker Engagement, Australia. Spettigue joins AIG from Chubb, where he served in a number of senior underwriting roles. He joined Chubb in 2014 as a casualty underwriter before becoming Workers’ Compensation Manager in Hong Kong and later Senior Underwriter, ... Read the full article
AIG partners with Amwins and Blackstone to launch new Lloyd’s syndicate
19th December 2025
AIG, in partnership with Amwins and funds managed by Blackstone, is launching a new Lloyd’s syndicate, Syndicate 2479, featuring a novel structure that brings together a specialty distributor, an insurer and a Lloyd’s platform backed by third-party capital. Syndicate 2479 is expected to begin underwriting on January 1, 2026, with an ... Read the full article
Adam Clifford named CEO of AIG’s International Commercial Insurance
16th December 2025
Global insurer American International Group (AIG) has announced the appointment of Adam Clifford as Chief Executive Officer (CEO), International Commercial Insurance, effective January 5, 2026. Based in London, Clifford will leverage his nearly 30 years of global insurance leadership experience to lead AIG’s International Commercial Insurance teams, including underwriting, distribution, and ... Read the full article
AIG names Scott Leney as Regional President, AIG Asia Pacific
15th December 2025
American International Group, Inc. (AIG), an insurance organisation serving commercial, institutional, and individual clients, has announced the appointment of Scott Leney as Regional President, AIG Asia Pacific. In this position, Leney will have responsibility for AIG’s operations across Australia, New Zealand, Singapore, Indonesia, Malaysia, Thailand, South Korea, Hong Kong, Taiwan, Vietnam, ... Read the full article
AM Best assigns credit ratings to AIG subsidiary American International Reinsurance Global
26th November 2025
Credit rating agency AM Best has assigned American International Reinsurance Global (AIRG), a Bermuda-based AIG subsidiary, a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent), and assigned a positive outlook. These credit moves reflect AIRG balance sheet strength, assessed as very strong by AM ... Read the full article
AM Best turns positive on AIG and its P&C subsidiaries
21st November 2025
Credit rating agency AM Best has revised the outlooks of American International Group, Inc.’s (AIG) property/casualty (P&C) insurance subsidiaries (AIG PC) to positive from stable, while affirming the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent). Concurrently, AM Best has revised ... Read the full article
John Neal no longer joining AIG
14th November 2025
Global insurer AIG has announced that John Neal, former Chief Executive Officer (CEO) of the specialist Lloyd's insurance and reinsurance marketplace, will no longer be joining the firm due to personal circumstances. Back in January 2025, it was revealed that Neal, who served as CEO of Lloyd's since October 2018, ... Read the full article
“Speed drives growth” as Gen AI accelerates underwriting: AIG CEO
7th November 2025
Peter Zaffino, Chairman and CEO of global insurer AIG, said the company is accelerating its deployment of generative artificial intelligence (Gen AI) to digest data more effectively and access a broader range of data points, helping underwriters make better-informed decisions, emphasising that speed drives growth. During American International Group, Inc. (AIG) ... Read the full article
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