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AIG and Carlyle create reinsurer Fortitude Re

American International Group (AIG) and The Carlyle Group have completed creation of a new run-off reinsurer Fortitude Re (formerly DSA Re). In August this year, …

AIG subsidiary Validus to exit Iran

Validus Holdings, a Bermuda-based reinsurer owned by American International Group (AIG), has decided to cease offering insurance coverage to Iranian shipping companies. In the wake …

AIG Q3 net loss narrows

American International Group (AIG) has posted a net loss of $1.3bn for the third quarter of 2018, compared to a net loss of $1.7bn a …

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