The reports highlight Swedbank AB and Osaic Holdings Inc. selling shares of American International Group (AIG), while investment firms like Pacifica Partners Inc., and Oak Thistle LLC made significant investments. The insurer's Q3 earnings surpassed estimates, signalling impressive financial performance. Operational changes were noted, such as AIG appointing Adam Clifford as CEO of international commercial insurance, a significant change in leadership structure aimed at improving profitability. AIG entered a partnership with Amwins and Blackstone for a syndicate using Palantir, a breakthrough in adopting advanced technology.
Multiple lawsuits have emerged, with Monsanto and Bayer claiming insurance coverage for their legal bills. AIG was also embroiled in a $2 billion deal for the renewal rights of Everest Group's global retail portfolios. Future prospects look promising with the insurer planning to acquire major stakes in Convex Group and Onex Corporation in a strategic play.
American International Group AIG News Analytics from Wed, 02 Apr 2025 22:16:25 GMT to Sat, 27 Dec 2025 05:30:00 GMT - Rating 7 - Innovation 4 - Information 9 - Rumor 3
