AIG Insurance
See below for the Latest AIG Insurance News, Analysis, Profit Results, Share Price Information, and Commentary.
AIG's Q2 2024 net premium written falls 8%
It accumulated $6.9b during the April to June period.
Japanese insurer plans merger of European branches
The merger is aimed to be completed around the summer of next year.
Zurich acquires AIG's travel insurance business
The acquisition is worth $600m.
Corebidge acquisition could catapult Nippoin Life’s profitability
Fitch projects an increase in consolidated core profit by ~$580m.
AIG sells 20% stake in Corebridge to Nippon Life
AIG will keep its 9.9% share in Corebridge for two years.
New Zealand’s insurance profitability remains subdued – Reserve Bank
Regarding regulatory updates, progress has been made in two reviews of insurance regulation.
AIG promotes Matthew Pereira to head of commercial property HK, Macau and Taiwan
He has been with AIG for over 12 years.
Jeslyn Tan grabs SRA Executive Director title
She was the President of the Singapore Insurance Institute from 2020 to 2023.
Australia’s Fed penalises Insurance Australia Group
Its wholly-owned subsidiary provided misleading information over pricing discounts.
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1. India's life insurance growth slows to 10.6% in October 2. South Korean insurers brace for profit squeeze amidst rate cuts 3. bolttech secures $50m venture debt from HSBC, expands market 4. Life insurance premiums forecast to grow by 3% yearly until 2026 5. Prudential launches AI lab in SingaporeResource Center
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Humans need to be in insurance’s genAI loop
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Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
