AIG picks veteran Eric Andersen as CEO after rocky succession process
US insurance group said in November that it would scrap the appointment of John Neal as president
US insurance group said in November that it would scrap the appointment of John Neal as president

Nascent strategic shift complicated by sudden departure of chief who led group’s rebirth as a US-focused insurer

Former Arthur Andersen partners raise $176mn after pricing shares at top of range

Deal comes as large insurers and asset managers compete more aggressively for UK pension assets

Lawsuit representing AI business Vesttoo sheds light on push by insurance broker into growing market

Brendan Nelson to take over as interim head of UK bank’s board

AIG, Great American and WR Berkley seek permission to limit liability from AI agents and chatbots