AIG Finalizes Acquisition of Program Manager Glatfelter Insurance

Article 0 Comments American International Group said it has completed the acquisition of insurance program manager Glatfelter Insurance Group, a deal announced in September. The addition is a key element in AIG’s strategy to reposition its General Insurance business and return to profitability. “Glatfelter’s strong underwriting culture and deeply experienced […]

AIG’s Q2 Profit Drops 17% as General Insurance Fails to Improve

Article 0 Comments American International Group Inc on Thursday reported a 17 percent fall in quarterly profit as its general insurance business failed to show improvement, missing analysts’ expectations. AIG shares fell more than 5.5 percent to $52.15 after hours. Chief Executive Brian Duperreault, who took charge more than a […]