Net investment income surged 19 per cent to $3.7 billion

American International Group’s property-casualty business, stung by higher-than-expected costs in recent years, extended a recovery as it hit a key ma(...)

AIG recently acquired a Bermuda reinsurer, Validus, for $5.6 billion. Photograph: iStock

AIG has purchased a UK life insurance business from Munich Re, the latest deal by the expanding New York-based insurance company. Ellipse, based in L(...)

American International Group on Monday said it would buy Validus Holdings for $5.56 billion in cash to strengthen its reinsurance business. (Photograph: Mark Lennihan/AP)

American International Group on Monday said it would buy Validus Holdings for $5.56 billion in cash to strengthen its reinsurance business, the compa(...)