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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 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 Everest renewal rights deal a “great opportunity to grow faster”: AIG, Jon Hancock 5th November 2025 Jon Hancock, EVP & CEO of International Commercial and Global Personal Insurance at AIG, said the recent renewal rights deal with Everest is a great opportunity to accelerate growth for AIG’s already robust commercial business, while also benefiting brokers and clients. In October 2025, Everest Group entered into definitive agreements ... Read the full article AIG reports GI underwriting income increase of 81% for Q3’25 5th November 2025 Global insurer American International Group, Inc. (AIG) has reported that its General Insurance (GI) underwriting income rose 81% year-over-year, reaching $793 million for the third quarter of 2025, compared to $437 million in the same period last year. This increase was driven by lower catastrophe-related charges, more favourable prior year development ... Read the full article AIG joins Convex’s new ownership structure led by Onex Corporation 30th October 2025 Convex Group Limited, the international specialty insurer and reinsurer, has announced a new long-term ownership structure in which Onex Corporation will take a leading 63% stake and AIG will become a strategic minority investor with a 35% equity interest. With the exception of management, Convex’s founding equity investors, including Onex’s Partners ... Read the full article
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