AIG (AIG) in talks to join US reinsurance scheme for Gulf shipping, FT reports, citing sources
Newsquawk Staff ·
AIG (AIG) in talks to join US reinsurance scheme for Gulf shipping, FT reports, citing sources.
What it means
AIG's potential participation in the U.S. reinsurance scheme for Gulf shipping signifies a strategic move to enhance its footprint in the reinsurance market. This could be viewed as a positive for AIG, adding to its revenue streams and potentially reducing risk exposure. Investors might see this as a sign of AIG's proactive approach to capitalize on emerging insurance opportunities in key sectors.
- Verisk (VRSK) integrates insurance intelligence with Amazon (AMZN) and Microsoft (MSFT) AI platforms
- UK Budget, 28th October 2026: An uneventful budget expected, but the reaction risks are skewed negative
- Aon (AON) Q3 (USD): Adj. EPS 3.36 (exp. 3.30), Revenue 4.1bln (exp. 4.08bln)
- PRE-MARKET INDIAN STOCKS NEWS: Earnings deluge and Jio Platforms debut
- PRE-MARKET AUSTRALIAN STOCKS NEWS: Woolworths (WOW AT) tops Q1 sales forecasts
Related headlines
- Canada's Competition Bureau says proposed arrangements between Air Canada and United Airlines (UAL) would lead to higher prices, with the Transport Minister set to review the findings of its investigation25 min ago
- JPMorgan Chase (JPM) reportedly faces an additional GBP 100-150mln tax bill following the UK government's decision to double the corporation tax surcharge on banks, potentially jeopardising plans for its new London headquarters, Sky News reports27 min ago
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings41 min ago
- Senior US Treasury trade official Eric Ettorre will leave to join Netflix (NFLX), reports Axios1 hour ago
- T-Mobile (TMUS) CEO to step down from the board1 hour ago
- US PRE-MARKET MOVERS: SKHY, NXPI, ENPH, APH, GOOGL, HOOD, PPG, VRT, GEV, GEHC, BSX, ETSY, WEN, V2 hours ago
- US Broker Moves: ENPH and DYN downgraded at Oppenheimer; FFIV downgraded at Piper Sandler2 hours ago
- Amphenol (APH) Q3 2026 (USD): Adj. EPS 0.80 (exp. 0.73), Sales 10.2bln (exp. 9.49bln)2 hours ago
- GE Vernova (GEV) expects USD 50-100mln of annual cost synergies from Trench by 2030, according to the conference call2 hours ago
- Daily US Conference Calendar - 28th October 2026: JNJ, BA, CAT3 hours ago
- Etsy Inc. (ETSY) Q3 2026 (USD): EPS 1.00 (exp. 0.77), Revenue 692mln (exp. 668mln)3 hours ago
- Etsy (ETSY) CFO Baker is to leave on March 1st 2027, will remain an advisor through July 1st 20273 hours ago
- Garmin Ltd. (GRMN) Q3 2026 (USD): Adj. EPS 2.76 (exp. 2.41), Revenue 1.99bln (exp. 1.99bln)3 hours ago
- Phillips 66 (PSX) Q3 2026 (USD): Adj. EPS 14.08 (exp. 11.73)4 hours ago
- GE Healthcare Technologies Inc. (GEHC) Q3 (USD): Adj. EPS 1.34 (exp. 1.20), Revenue 5.5bln (exp. 5.35bln), Adj. EBIT 913mln (exp. 838.8mln)4 hours ago