Welcome to our dedicated page for American Intl Group news (Ticker: AIG), a resource for investors and traders seeking the latest updates and insights on American Intl Group stock.
American International Group, Inc. (NYSE: AIG) is a global insurance organization whose news flow centers on property and casualty insurance operations, capital allocation, strategic investments and leadership developments. This AIG news page aggregates company press releases and market updates so readers can follow how the organization describes its performance, strategy and governance over time.
Recent AIG news has included quarterly financial results for its general insurance business, highlighting underwriting income, combined ratios and adjusted earnings metrics. The company has also reported capital return actions such as cash dividends and share repurchases, as well as changes in the value and level of its ownership interest in Corebridge Financial, Inc. News items often detail how underwriting discipline, catastrophe-related charges, prior year development and investment income affect reported results.
AIG’s updates also cover strategic transactions and partnerships. These include agreements to acquire renewal rights for a majority of Everest Group Ltd.’s retail insurance portfolios worldwide, planned minority equity investments in Convex Group Limited and Onex Corporation, and the formation of Lloyd’s Syndicate 2479 with Amwins and funds managed by Blackstone. The company has also announced a strategic shareholding and long-term commercial partnership with Salford City FC, reflecting its involvement in a football club alongside its core insurance activities.
Corporate governance and leadership changes are another key theme in AIG’s news. Filings and releases have described amendments to by-laws, board changes, senior executive appointments and succession plans, including the announced intention of the current Chairman & CEO to transition to Executive Chair and retire as CEO, and the planned arrival of a President and CEO-elect. Investors, analysts and policyholders can use this page to review how AIG communicates its insurance operations, strategic initiatives, technology collaborations and leadership evolution.
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.
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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.
Everest (NYSE: EG) announced definitive agreements to sell the renewal rights for its Global Retail Commercial Insurance business to AIG on October 27, 2025. The rights cover Everest’s U.S., U.K., Europe, and Asia Pacific commercial retail businesses, totaling an estimated $2 billion of aggregate gross premiums written. Everest said the transactions will sharpen its focus on core global reinsurance and its Global Wholesale and Specialty Insurance businesses and will release meaningful capital over time. Completion is subject to regulatory approvals and customary closing conditions.
AIG (NYSE: AIG) will report third quarter 2025 financial results for the period ended September 30, 2025 after market close on Tuesday, November 4, 2025. A press release and financial supplement will be posted in the Investors section of https://www.aig.com. AIG will host a live, listen-only conference call on Wednesday, November 5, 2025 at 8:30 a.m. ET to review results, with a webcast and replay available in the Investors section of the company website.
AIG (NYSE: AIG) announced the retirement of Don Bailey, Executive Vice President and CEO, North America Commercial Insurance, who will step down at year-end 2025 to focus on his health. A new North America leadership structure takes effect on January 1, 2026, with Allison Cooper and Barbara Luck promoted to Co‑President, Retail, North America Commercial, and Lou Levinson promoted to President, Wholesale, North America Commercial. The three will report to John Neal, incoming President of AIG. The release highlights Bailey’s nearly 40‑year career and his role in revitalizing distribution, broker and client relationships, and achieving record client retention and new business during his tenure.
AIG (NYSE:AIG) announced that Chairman & CEO Peter Zaffino will participate in the 2025 KBW Insurance Conference on September 3, 2025, at 4:20 p.m. ET. The presentation will be accessible via live audio webcast through AIG's investor relations website, with a replay available after the event.
AIG (NYSE: AIG) has appointed Scott Hallworth as its new Chief Digital Officer, effective September 1, 2025. Hallworth, who brings over 30 years of experience in digital and data strategies, will lead AIG's digital, data, and GenAI initiatives. He joins from HP Inc. and has previously served as Chief Data Officer at Capital One and Senior VP & Chief Actuary at Travelers.
Hallworth will initially report to Claude Wade, who will step down from his current role as Executive VP, Chief Digital Officer and Global Head of Business Operations & Claims at the end of 2025 due to health issues. Starting January 1, 2026, Hallworth will report directly to CEO Peter Zaffino. Wade will transition to an advisory role, continuing to provide his expertise to AIG.
[ "Appointment of experienced executive with 30+ years in digital and data strategies", "Strategic focus on scaling GenAI and digital innovation across the company", "Smooth leadership transition planned with Wade moving to advisory role" ]Corebridge Financial (NYSE: CRBG) has announced the pricing of a secondary offering of its common stock by American International Group (NYSE: AIG). The offering consists of 30 million shares priced at $33.65 per share, representing approximately $1.0 billion in gross proceeds.
AIG, as the selling stockholder, has also granted the underwriter Morgan Stanley a 30-day option to purchase up to 4.5 million additional shares. The offering represents approximately 5.6% of Corebridge's total outstanding shares of about 538 million. The transaction is expected to close on August 8, 2025, with all net proceeds going to AIG.