AIG

Zurich Insurance Group AG is looking to buy companies to further boost its growing retail health, travel and wellbeing business.

Liberty Mutual partners with Jaguar Land Rover; AIG expands Atlanta presence, plus more insurtech news.

The E&S-focused company, started by three former AIG executives, faces allegations of misappropriating trade secrets and confidential information.

Both transactions are at an early stage and may not lead to a sale, said the people, who asked for anonymity to discuss the private information.

Insurer aims to improve functions and communications for policyholders and brokers

Evan and his older brother Jeffrey are scions of the AIG insurance fortune: Their father, Maurice "Hank" Greenberg, built American International Group into a global colossus.

The IPO by Corebridge Financial Inc. is the biggest in the U.S. this year.

The insurer will offer 80 million shares in Corebridge Financial Inc. at $21 to $24 apiece in a proposed initial public offering, according to a statement Tuesday.

Second-quarter adjusted profit was $1.19 a share from $1.52 year earlier, the New York-based insurer said Tuesday.

The company also announced new directors on Corebridge’s board.

The insurer has been sharpening its focus on its core operations and making necessary preparations to split off its life and retirement unit, which is planned for the first half of this year.

American International Group Inc. and other insurers avoided steep losses from a spate of extreme weather this year thanks in part to the reinsurance industry. But increased reliance on those policies probably means price hikes are coming.

The change is effective Jan. 1, when Lyons will move to the newly created role of executive vice president, global chief actuary and head of portfolio management, the New York-based insurer said in a statement Monday.

Claude Wade's newly created role is EVP, global head of operations and chief digital officer.

COO of North American General Insurance fosters confidence in her staff’s abilities.

Digital Insurance's annual recognition program for women leaders.

Peter Zaffino takes over as CEO on March 1.

(Bloomberg) -- American International Group Inc.’s Peter Zaffino drew a clear line ahead of his jump to the insurer almost three years ago.

Policy admin suite will underpin digital transformation for global insurance giant.

Tom Parker had worked at Accenture Security.