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Private equity giant Blackstone finds "no reason" to put insurers on balance sheet
09 June 2022Chief operating officer Jonathan Gray says firm is happier as an asset manager
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US lawmakers urge insurers to stop fossil fuels business
28 April 2022Letter from Democrats sent to insurers including Chubb, Berkshire Hathaway and AIG
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Tom Bolt appointed AIG's chief risk officer
13 April 2022Bolt replaces Sabra Purtill
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Lloyd's syndicates forecast higher rates again in 2022
05 April 2022But the average rate of increase is expected to slow, syndicate reports reveal
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LDTI takes a bite from insurer balance sheets
18 March 2022US insurers have begun disclosing the impact of 2023's new accounting standard, proving beyond doubt it will be one of the biggest shifts in accounting rules in years. Sarfraz Thind reports
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AIG's climate policy transforms it from laggard to leader
01 March 2022Long-awaited fossil fuel restrictions welcomed by environmental campaigners
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S&P's capital model review: this could hurt
23 February 2022The rating agency's review of its capital methodology could leave insurers facing the prospect of rating changes and possible capital raising pressure, as Sarfraz Thind reports
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Soaring cat risk means business model has to change, says AIG's CEO
18 February 2022Cat levels 10 times previous decade and zero profitability from California
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AIG predicts up to $3bn shareholder equity impact from LDTI
17 February 2022Expectations for it to be at lower end of $1bn to $3bn range
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Travelers to stop underwriting new coal and tar sands projects
07 February 2022Only remaining majors without coal policy are AIG and Berkshire Hathaway