AIG
-
Among the biggest gainers was Fairfax Financial, which jumped by nearly 10 percent.
-
Insurance stocks outperformed as Federal Reserve agreed to take further action and lawmakers mulled a pandemic backstop.
-
(Re)insurance shares in Europe also outperform market indices after a strong day for US brokers yesterday. -
The mid-market commercial insurer also gains authorisation in Washington State.
-
The S&P 500 insurance industry index rose by 2.8 percent as lawmakers neared a vote on a coronavirus economic relief package.
-
George Williams joins the reinsurance broker as global head of client support services.
-
AIG gains 19 percent, outstripping a 12 percent increase on the S&P 500 insurance industry index.
-
Shareholder William Steiner is calling for AIG to lower the threshold of equity shareholders need to call a special general meeting.
-
AIG marked a third straight day of stock price losses, ending at $18.78 per share.
-
The S&P 500 insurance industry index rose by 8.2 percent by the close of markets Friday.
-
The broader S&P 500 insurance index ended the day down 11.3%.
-
The executive, who is also chief accounting officer, will leave at the end of the month.
Related
-
AIG brings on Colombo as Latin America CEO
May 15, 2025 -
AIG recruits Aon Re’s Hussey to lead Miami fac desk
May 13, 2025