Insurers, when they decide to outsource the job of investment manager to a third party, rely less on a structured selection process and more on their trust and comfort level with the outsource operat

American International Group has responded to critics of the company's decision to make payments to retain certain executives, noting that it could lose valuable employees and even reinsurance contrac

News reports citing Chinese papers noted that China Life president Wan Feng spoke of the quality of AIG's insurance business in Asia at a recent media briefing. Mr. Feng also said AIG's insurance busi

American International Group's commercial insurance carriers are not holding onto business by engaging in aggressive price-cutting that is prolonging the property-casualty soft market, as some major

Environmentalists and free market practitioners are seeking common ground in finding ways to minimize risks associated with hurricanes, according to speakers at the Hurricane Science for Safety Leader

Maiden Lane III (MLIII), a financing entity created by the Federal Reserve Bank of New York, it was explained was designed to purchase Multi-Sector credit debt obligation (CDO) exposure on which Ameri

AIG has been selling off assets to pay off $150 billion in taxpayer supported loans that it secured to keep the company liquid after massive losses sustained by the conglomerate's Financial Products b

Gregory E. Schilz, a managing director of Aon's Environmental Group, said environmental impairment liability remains the most sought-after coverage, but a few markets are beginning to offer new