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AIG-News
AIG-Events
Palantir Appoints Peter Zaffino as Global Head of Financial Services
Earlier, Palantir Technologies (PLTR) announced that Peter Zaffino will join the company as Global Head of Financial Services, effective January 15, 2027. Zaffino was previously Chief Executive Officer and Executive Chairman of AIG (AIG).
Palantir Appoints Peter Zaffino as Global Head of Financial Services
Palantir Technologies (PLTR) announced that Peter Zaffino will join the company as Global Head of Financial Services, effective January 15, 2027. Zaffino was previously Chief Executive Officer and Executive Chairman of AIG (AIG).
American International Group Executive Zaffino to Step Down in 2026
American International Group announced that Peter Zaffino has informed the AIG Board of Directors that he will step down as Executive Chair and a member of the Board of Directors, effective September 15, 2026. Zaffino will become a Senior Advisor to the company, and in this role, he will continue to support the company's executive leadership transition. The Board has elected John Rice, AIG's Lead Independent Director, to serve as Chair of the AIG Board of Directors effective September 15, 2026. Rice has been a member of the Board since March 2022.
AIG Reports Q2 Adjusted EPS of $2.00
"AIG delivered another strong quarter, marking an exceptional first half of the year and underscoring the benefits of our diversified global portfolio and continued momentum from organic growth and our recent strategic transactions," said Eric Andersen, AIG President & Chief Executive Officer. "Adjusted after-tax income per diluted share was $2.00, increasing 10% year-over-year, and Core Operating ROE was 11.1%. Net premiums written grew 9% year-over-year on a constant dollar basis, or 11%* excluding North America Property, supported by top-line growth across all three business segments. We produced another solid quarter of underwriting profitability, with General Insurance underwriting income of $686 million, a calendar year combined ratio of 89.0% and an accident year combined ratio, as adjusted, of 88.1%. Our strong quarterly results demonstrate our ability to perform well in the current market, which has transitioned from an extended phase of broad positive pricing into a more selective environment, where profitability and growth are increasingly dependent on line-specific dynamics. The breadth of our underwriting expertise and the diversity of our global portfolio remain important competitive advantages, allowing us to continue to pursue targeted growth in the segments where we expect to achieve the most attractive risk-adjusted returns. We are building on our strong foundation as a market leader and best-in-class underwriting company. Our progress reflects the outstanding execution and commitment of our talented global team. We remain confident in our ability to meet our 2025 Investor Day financial objectives and see significant opportunity to leverage our global scale, strong brand and technical expertise to bring the full capabilities of AIG together to support our clients and stakeholders, while driving sustainable, profitable growth."
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