American Intl Group Inc Stock Price, News & Analysis

AIG (NYSE: AIG) announced formation of Syndicate 2479 at Lloyd’s in partnership with Amwins and funds managed by Blackstone, with underwriting managed by Talbot Underwriting and AIG.

The syndicate will commence underwriting $300 million of premium on January 1, 2026, drawing from a broad portion of Amwins’ ~$6 billion delegated authority premiums and supported by capital commitments from Amwins and Blackstone.

AIG used Palantir Foundry to validate portfolio analysis and will collaborate with Palantir to deploy GenAI and LLM agents, plus an ontology accessing over 4 million industry data points to enhance portfolio-level underwriting and risk evaluation.

AIG (NYSE:AIG) became the largest shareholder and long‑term strategic partner of Salford City FC under a multi‑year commercial agreement running through the 2029/2030 season. The expanded relationship builds on AIG's prior investor role and includes brand visibility, investment in football operations, infrastructure, community programs, and a generative AI collaboration with Palantir to support data‑led decision making.

The partnership also signals joint interest in growing women's football and further activations scheduled for the 2026/2027 season.

American International Group (NYSE: AIG) announced that Adam Clifford will become Chief Executive Officer, International Commercial Insurance, effective January 5, 2026. Based in London, Clifford will lead underwriting, distribution and business teams across the UK and Europe, Middle East and Africa, Japan, Asia Pacific and Latin America, and oversee Talbot, Global Specialty and Multinational.

He will report to Jon Hancock, serve on the AIG General Insurance Executive Leadership Team, and rejoin AIG after nearly 30 years in global insurance roles including senior positions at Everest Insurance and Chubb and prior underwriting leadership at AIG.

American International Group (NYSE: AIG) appointed Scott Leney as Regional President, AIG Asia Pacific, responsible for operations in 11 markets: Australia, New Zealand, Singapore, Indonesia, Malaysia, Thailand, South Korea, Hong Kong, Taiwan, Vietnam, and the Philippines.

Leney joins from Everest Insurance with more than 30 years of Asia Pacific risk and insurance experience, including 25 years at Marsh McLennan in senior leadership roles. His start date is February 1, 2026, subject to regulatory approval. In connection with the appointment, Chris Colahan will leave AIG to pursue other opportunities.

Corebridge Financial (NYSE: CRBG) announced that a secondary offering of its common stock by American International Group (NYSE: AIG) priced at $31.10 per share. The offering, expected to close on November 6, 2025, comprises 32.6 million existing shares—approximately 6.3% of ~520 million shares outstanding—corresponding to about $1.0 billion of gross proceeds to AIG. All net proceeds will go to AIG. Subject to closing of the offering, Corebridge intends to purchase approximately $500 million of common stock from the underwriter at the same per-share price, funded with cash on hand. The purchase closing is conditioned on the offering close; the offering close is not conditioned on the purchase.

Corebridge Financial (NYSE:CRBG) announced a secondary offering of 32.6 million existing shares by American International Group (NYSE:AIG), equal to about 6.3% of Corebridge's ~520 million shares outstanding. All net proceeds from the sale will go to AIG. Subject to the offering closing, Corebridge intends to purchase approximately $500 million of common stock from the underwriter at the same per-share price, funded with cash on hand. J.P. Morgan Securities is the underwriter. The offering is made only by prospectus and prospectus supplement; a registration statement filed 11/6/2023 became effective automatically.

AIG (NYSE: AIG) announced strategic minority investments in Convex Group and Onex Corporation on October 30, 2025. AIG will acquire a 35% stake in Convex for approximately $2.1 billion and participate in a whole account quota share of Convex’s underwriting portfolio commencing January 1, 2026. AIG will also buy a 9.9% stake in Onex for about $646 million and commit $2.0 billion to Onex investment funds over three years with preferred access. Onex will hold a 63% ownership of Convex after the transactions. Both deals are expected to be accretive to earnings and return on equity in the first year post closing and are projected to close in H1 2026, subject to regulatory approvals and customary conditions.

AIG (NYSE: AIG) entered definitive agreements to acquire the renewal rights for a majority of Everest Group (NYSE: EG) retail insurance portfolios worldwide, representing approximately $2 billion of aggregate premium.

Everest will retain exposure to all liabilities and continue to administer claims. AIG said it expects the renewal-rights transactions to drive incremental growth in its general insurance portfolio and to support EPS and return on equity expansion while writing these policies within its existing balance sheet with no incremental capital required.

AIG expects to begin writing policies for existing Everest clients on January 1, 2026 outside the European Union, and to expand to Everest EU portfolios in Q1 2026 subject to regulatory approvals. Terms were not disclosed. Financial and legal advisors for the parties were named.