Financial Times  Jun 17  Comment 
A decade after it needed a $185bn state bailout, the insurer is on the acquisition trail again, but investors remain wary
Insurance Journal  Jun 13  Comment 
Caledonia, Michigan-based retail consulting and insurance brokerage, Acrisure, has appointed industry veteran William Malloy as president of its Specialty Division. Malloy has extensive leadership experience in the insurance industry, spending...
Insurance Journal  Jun 13  Comment 
DUAL Commercial LLC has hired Justin Goldfarb as an underwriter in the Professional Liability Program. Goldfarb has 10 years of experience working with carriers such as Chubb and AIG, as well as maintaining broker relationships, writing complex...
Financial Times  Jun 7  Comment 
Brian Duperreault says he is ready to do another big deal if he found the right target
Insurance Journal  May 24  Comment 
American International Group announced that Lisa Sun will join the company as chief executive officer of AIG Insurance Company China. Sun joins AIG from Mercer, where most recently she was CEO of Mercer’s Hong Kong & South and East Asia …


After its excessive risk-taking necessitated a dramatic bailout from the federal government, AIG is finally poised to be returned to common shareholders. Though still a major presence in property-casualty and life insurance, the new AIG will be a smaller insurance organization, having shed a good deal of its global growth potential. AIG has no economic moat, in our opinion, and the onetime insurance leader will have a difficult time returning to its former dominant position. AIG is still one of the largest insurance and financial services firms in the world, even after disposing of its Asian insurance subsidiaries. It operates through a wide range of subsidiaries that provide general insurance, life insurance, and other financial services. The government has started selling its shares in 2011, and ownership will eventually be returned to common equity shareholders.

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