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Aug 11, 2024
08/24
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BLOOMBERG
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david: today in aig, what is the biggest challenge you face as the ceo of aig?t are you most worried about? peter: well, all of what is happening geopolitically. we have just come out of a pandemic. the complexities across the world and the fragility of what might happen in the future is what i worry about the most. because there are things -- if you told me five years ago you are going to come in, be the ceo, deal with a global pandemic, two wars, potential political tension across the world, and also dealing with financial challenges, that is a lot. and so making sure that we focus and deliver on what we can do as an insurance company and adapt to all the changes that are going on around us. david: for young professionals who might be watching who say, when i'm looking for a job, maybe i should get in the insurance business, why should somebody get in the insurance business? what makes it so exciting? peter: i think our purpose and what we do for a living is very meaningful. we keep businesses, societies, cities moving after natural disasters or moving claims
david: today in aig, what is the biggest challenge you face as the ceo of aig?t are you most worried about? peter: well, all of what is happening geopolitically. we have just come out of a pandemic. the complexities across the world and the fragility of what might happen in the future is what i worry about the most. because there are things -- if you told me five years ago you are going to come in, be the ceo, deal with a global pandemic, two wars, potential political tension across the world,...
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Aug 11, 2024
08/24
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>> aig. >> if you have a claim to you have any problem getting it paid? >> i haven't had a claim yet. ♪ ♪ >> let's talk about how you got into insurance. your father was in the business. did he say when you grow up you should go in the insurance business? >> he didn't. the myth of him reading the insurance books at night is not true. he always encouraged me to do and pursue what i wanted and quite frankly i went to boston college, graduated, and the reason why wanted to add to the insurance industry with they wanted to stay in boston at a company that was owned by itt at the time. that was the reason i took the job. >> some people might say that insurance is a boring business. is that not the case or have you found it to be interesting even right out of college? >> you are not doing the same thing all the time. you're learning to build relationships, understand the quantitative nature of how to underwrite and also the politics of nature read i like to kiss it balance of doing different things at once. >> what did you do after your first job in boston? >>
>> aig. >> if you have a claim to you have any problem getting it paid? >> i haven't had a claim yet. ♪ ♪ >> let's talk about how you got into insurance. your father was in the business. did he say when you grow up you should go in the insurance business? >> he didn't. the myth of him reading the insurance books at night is not true. he always encouraged me to do and pursue what i wanted and quite frankly i went to boston college, graduated, and the reason why...
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Aug 29, 2024
08/24
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CNBC
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that cover all risks and specifically war risks, but it says a slew of insurers, including chubb and aigo pay. so carlisle is suing, litigation that could cause trouble for the try. steve, it's great to see you. >> thanks for having me. >> why does russia have those planes? and why haven't the claims been paid? >> well, russia does still have those planes. in fact the government issued a series of orders that require the russian operators to now operate them, and they have been doing that for most of these air kroost. while we have 23, there are hundreds of other claims pending, because the western air cast were stolen, as you said. it amounts to close to $20 billion. our case, why they're not paying? my guess is they have financial liquidity issues. there is no reason they would refuse to honor a clear contract. we have an all-risk coverage that covers every conceivable scenario, and yet they're not playing, this is chubb, aig, tokyo marine and others. so it seems to me they just don't have the funds. they have raised premiums dramatically to try to increase their war chest, and eventua
that cover all risks and specifically war risks, but it says a slew of insurers, including chubb and aigo pay. so carlisle is suing, litigation that could cause trouble for the try. steve, it's great to see you. >> thanks for having me. >> why does russia have those planes? and why haven't the claims been paid? >> well, russia does still have those planes. in fact the government issued a series of orders that require the russian operators to now operate them, and they have...
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Aug 3, 2024
08/24
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FOXNEWSW
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-- >> clearly, the consequencings of an aig failure would be substantial. >> this is a dire emergencysight is wonderfully 20 the $20 the -- >> that isn't hindsight. we tried to the -- neil: congressman,s come on. ivan not the the sharpest stool in the -- tool in the shed, but i'm still in the shed. >> as president of the united states, people are going to be held accountable. >> t so important as we solve this short-term problem that we look at some of the funds lying issues that have led to wages and incomes for ordinary american toss go gown. >> this isn't the beginning of the end of this crisis, this is the end of the beginning. if we come out with a package that will keep these institutions stable. neil: all right. john mccain, that was not the best of all backdrops for him trying to hang on to the white house for republicans. he ended up losing to barack obama, and that financial meltdown can't help matters any. two quick things i noticed in some of that coverage at the time when all that was going on, a, i had a far lousier toupee back then and, secondly, did you notice that one
-- >> clearly, the consequencings of an aig failure would be substantial. >> this is a dire emergencysight is wonderfully 20 the $20 the -- >> that isn't hindsight. we tried to the -- neil: congressman,s come on. ivan not the the sharpest stool in the -- tool in the shed, but i'm still in the shed. >> as president of the united states, people are going to be held accountable. >> t so important as we solve this short-term problem that we look at some of the funds...
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Aug 30, 2024
08/24
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BLOOMBERG
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investment grade and there are a good list of issuers with smaller capital structures moving back into aigindex over the next 12-24 months. it might be slower giving choppiness on the macro front. but we do feel pretty good about that potential. sonali: matt, i will make you answer is a bond investor something equity markets have wondered a lot about. when a company -- comes to companies that are large caps, small, mid-cap companies, you have seen people flirt with the russell throughout august and then pull back. a lot of the worries come down to leverage. do you believe the worries are real? matt: a couple things around the smaller companies. they are typically in the bank loan market, the high-yield market, some in private credit. private credit access is there. set the darling that everybody loves now. i don't see that pulling away. i think it will help the space. bank loans it should benefit from the fed cutting. the company's borrowing, a lot of small-cap companies through the bank loan market, their borrowing costs will get cheaper. we want them to continue paying down debt. if the
investment grade and there are a good list of issuers with smaller capital structures moving back into aigindex over the next 12-24 months. it might be slower giving choppiness on the macro front. but we do feel pretty good about that potential. sonali: matt, i will make you answer is a bond investor something equity markets have wondered a lot about. when a company -- comes to companies that are large caps, small, mid-cap companies, you have seen people flirt with the russell throughout august...
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6.0
Aug 25, 2024
08/24
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PRESSTV
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"the united states increased its military aige to israel from 3 billion a year to 15 billion a year. thousands more palestinians are on the brink of starving to death if disease doesn't kill them first. israel has been described as washington's regional puppet. the israeli regime is essentially a client of the united states. this is part of the imperial system that of the united states order. israel does for the..." states, what then the united states doesn't have to do for itself in in the in the middle east, the dublin rally heards that the israel lobby runs everything in the united states, including the two main political parties that rotate the presidency. you have much hope now that camelas seems to be coming along, not a crum, she is beholding the same interests of the democratic party, they're same donors, same like people surrounded by her, surrounded by the same people and like people need to realize that just like just buse it's a in new person, it's going to be like the same process. the ireland palestine solidarity campaign has organized literally hundreds of protests thr
"the united states increased its military aige to israel from 3 billion a year to 15 billion a year. thousands more palestinians are on the brink of starving to death if disease doesn't kill them first. israel has been described as washington's regional puppet. the israeli regime is essentially a client of the united states. this is part of the imperial system that of the united states order. israel does for the..." states, what then the united states doesn't have to do for itself in...
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6.0
Aug 23, 2024
08/24
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PRESSTV
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majority of the world is kind of sitting back and doing nothing, in fact some countries are actually aiging and abeting this genocide, not only in terms of denying it, but also by supply by by by providing supplies to the zinanis regime, and supplying weapons to the zinanis regime is this very very serious breach of international. law, it has consequences, one of the things that makes these countries uh that are disregarding and disrespecting international law, is the fact that the absence of enforcement mechanism, which they had previously relied on as as their sort of saving grace, but the world is now changing, the global flow is becoming stronger, there is a whole lot of different uh platform where people can now do business and can now negotiate issues and things like that, and so i think... ultimately, and i'm speaking here for the benefit of my own country, britain, that that we are going to be a very, very great disadvantage in terms of shame that we will never be able to clear from our reputation as a country that had traditionally and historically proclaim to be beacon of democrac
majority of the world is kind of sitting back and doing nothing, in fact some countries are actually aiging and abeting this genocide, not only in terms of denying it, but also by supply by by by providing supplies to the zinanis regime, and supplying weapons to the zinanis regime is this very very serious breach of international. law, it has consequences, one of the things that makes these countries uh that are disregarding and disrespecting international law, is the fact that the absence of...
8
8.0
Aug 22, 2024
08/24
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PRESSTV
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majority of the world is kind of sitting back and doing nothing, in fact some countries are actually aiging and abeting this genocide, not only in terms of denying it, but also by supply by by by providing supplies to the zinanis regime and "supplying weapons to the zinanis regime is very, very serious breach of international law, it has consequences. one of the things that makes these countries uh that are disregarding and disrespecting international law is the fact that the absence of enforcement mechanism which they had previously relied on as as their sort of saving grace, but the world is now changing, the global south is becoming stronger, there is a whole load of different platform where people can now do business. and can now negotiate issues and things like that, and so i think ultimately, um, and i'm speaking here for the benefit of my own country, britain that that we are going to be a very, very great disadvantage in terms of shame that we will never be able to uh clear from our reputation as a country that had uh traditionally and you historically proclaimed to beacon of democr
majority of the world is kind of sitting back and doing nothing, in fact some countries are actually aiging and abeting this genocide, not only in terms of denying it, but also by supply by by by providing supplies to the zinanis regime and "supplying weapons to the zinanis regime is very, very serious breach of international law, it has consequences. one of the things that makes these countries uh that are disregarding and disrespecting international law is the fact that the absence of...
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70
Aug 2, 2024
08/24
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CNBC
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aig has walked away from the proposed takeover of the spanish carrier air europa over the reports thathe european commission was set to block the deal. we have shares moving higher this morning by 5.5% as well. separately, though, the british airways owner topped second quarter earnings expectations with the operating profit of 1.24 billion euro. the result comes despite tough market conditions with recent reports from lufthansa and ryanair weighing on stocks in the aviation sector. we have arabile here to cover this story. arabile, walk us through what iag said this morning and if investors are showing positivity toward this stock. what should investors make from the announcement from iag this morning? >> reporter: good morning, silvia. look, when you compare to some of the other airlines that we've been speaking to, we have been speaking to wiz az air the othe day. one note for sure is there is a stark difference with the performance of the flag carrier, iag with british airways and iberian fading within that portfolio amongst others. what is interesting is the transformation program
aig has walked away from the proposed takeover of the spanish carrier air europa over the reports thathe european commission was set to block the deal. we have shares moving higher this morning by 5.5% as well. separately, though, the british airways owner topped second quarter earnings expectations with the operating profit of 1.24 billion euro. the result comes despite tough market conditions with recent reports from lufthansa and ryanair weighing on stocks in the aviation sector. we have...
SFGTV: San Francisco Government Television
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Aug 29, 2024
08/24
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but japantown writ large is aig. yes western addition. yeah, i get that. yeah.information, i'm not sure if it's in their integrated in a uniform way. it y yeah. and just to piggyback on what the director said, a lot of the pages that are being sca f the a1 area, that the intern found this summer, there are a number of japanese american names t i just want to make sure everybody's included. everybody's included. okay. thank you. so, pam, thank you so much. links. mr. giles, mr. majid, lynette. and now, susie, thank you so much for this report. and as it's been said, it's exciting, hopeful. and it raises the bar, you know, as we were sayov and i just want to back up a little bit, commissioner lim and susie, we have had meetings where the japanese community here a couple of years ago and more. yes. even before the pandemic, with this discussion the concerns about, you know, the cop program and being a part of it, as we were all voicing, what we thought needed to happen, could happen should. so we're grateful for your presence and, hopeful that with this deeper team
but japantown writ large is aig. yes western addition. yeah, i get that. yeah.information, i'm not sure if it's in their integrated in a uniform way. it y yeah. and just to piggyback on what the director said, a lot of the pages that are being sca f the a1 area, that the intern found this summer, there are a number of japanese american names t i just want to make sure everybody's included. everybody's included. okay. thank you. so, pam, thank you so much. links. mr. giles, mr. majid, lynette....
SFGTV: San Francisco Government Television
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Aug 31, 2024
08/24
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SFGTV
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áç commissitral homelandohlonemg who are the ouls a, aig land, in acrdance with ohlone haev forgotteneiretaker as well as for rer to pay our respectsders and relatives of the)$ ung their sovereig first peoples. this meeting isngeld fmat occurring in on sfgovtme id772463527.thererament at the beginning oe comment on each discussion or action item on the agenda. each comment ised to three minutes for those ao 20 minutes of remot totalac it is possible that the queue will have opportunity to providecomm peo remote public comat count ln pere attending trom peasdá card located at the side table orium podium. comeli comment. state your nameaffiliat will have three minutes. finished, pleasak card to the commission staff if using lÑ the imby phone, dial nine to be. interest comes up. st speak, you unmute yourself fcation to are al v before speaking during public comment. alterna zoomi< or a a written public commention not allow respond to comments or questions duri- ng thank you to sfgovtv and media ser sharing this meetinpublthrigh thank you. let's do a roll call. 3c prestmmissi qalandar. he
áç commissitral homelandohlonemg who are the ouls a, aig land, in acrdance with ohlone haev forgotteneiretaker as well as for rer to pay our respectsders and relatives of the)$ ung their sovereig first peoples. this meeting isngeld fmat occurring in on sfgovtme id772463527.thererament at the beginning oe comment on each discussion or action item on the agenda. each comment ised to three minutes for those ao 20 minutes of remot totalac it is possible that the queue will have opportunity to...
SFGTV: San Francisco Government Television
3
3.0
Aug 31, 2024
08/24
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SFGTV
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áç commissitral homelandohlonemg who are the ouls a, aig land, in acrdance with ohlone haev forgotteny our respectsders and relatives of the
áç commissitral homelandohlonemg who are the ouls a, aig land, in acrdance with ohlone haev forgotteny our respectsders and relatives of the