Can current employees buy/sell stock on open market? I don't know if it's allowed, and don't have employee handbook on hand right now

What's the deal with putting all the wrong people in management positions? People who can't manage themselves, let alone anybody else? Also, why would they pay higher rate to people from the outside they bring in for managerial position when there... — read more 

I know below is old news but it will happen again. Senior Management is the only one who wins. NICE AIG execs received $6mn bonuses before mass layoff announcement

I see people talking about layoffs at AIG on this board. Been following it for a while and saw a couple of you asking the question “ will the layoffs ever end?”. I really don’t know how everybody doesn't get by now that layoffs (and the fear of... — read more 

In light of the Q3 financial results that will be announced on November 1st, 2018 AIG preannounced the catastrophe losses that could climb up to a figure of $1.5 billion. The losses were retained due to a number of natural disasters worldwide. If... — read more 

Shares of American International Group, Inc. (AIG) are down in post-market trading, after the company announced it expects to report third-quarter 2018 pre-tax catastrophe losses, net of reinsurance, of approximately $1.5 to $1.7 billion. AIG said... — read more 

Stock at a little over 48, good job BD, winning! Slowly, sarcastically, claps.

I got cut from AIG few months ago. If you are technologist from FW, retrain in on demand technologies like cloud/security using severance period rather than taking a vacation. Unless you are in 50's (ageism impact) market is very hot in DFW area . I... — read more 

about 1 month ago, the whole u.s. team is almost bleeding out

looks to be more then a few being let go oct 17

anyone hearing anything about these areas

Fort Worth was hit today, too. A business like ours doesn't really need IT or data centers, right?

Today was a big day for Infrastructure Services as AIG trims the fat from non-essential areas of IT, aka the data center. Basically, if you don't contribute to selling insurance, be ready. It's more important to make "The Street" happy than to run... — read more 

My team had about 8 of 12 people released today. Question on severance, lump sum or receive weekly pay until it runs out? Thinking about tax implications here and best options.

Anyone have an idea on targets in 2 weeks? Fort Worth has been hit fairly hard the last few weeks. I’ve heard GI has had major hits as well in various locations. I believe many meetings occurred with L&R this past week.

At least for this week?

Seems coincidental or not that after so many IT help desk folks RIFd that very shortly thereafter the system fails intermittently all day long well as someone so aptly wrote on this site ‘if you think your helpdesk assistance s’’’’’s now just wait’... — read more 

Who was targeted in Ft Worth was WC 149 affected or will be affected

What are ‘ THE PAD, RRD & FUSION GROUPS IN BH’ what do the acronyms stand for thanks

by laying off experience really going to work for AIG? If you look at other companies, other than insurance that have cut to the bare bone, it never helps the company. It does quite the opposite. Experience gone, left with a few stragglers who are so... — read more 

In addition to laying off most of the Portland claims office in September they also let go several very experienced claims counsel. Claims counsel were imbedded in primary departments and did most of the coverage determinations and risk transfer and... — read more 

The newspapers do not care about this. A great majority of the people getting laid off are certainly over 40 as they are making a good salary. I have seen this throughout my years at this company. Most of them will not be replaced and if they are... — read more 

Just announced a VP has RIFed, Interesting news, as it was not expected. Aig is going downhill

Keep an eye out for HR at your site! Martha wasn’t cutting head count fast enough; Repko has no friends to protect here... You think our IT s---s now? Just wait!

Anyone know any details, I hear IT getting cut in JV by Nov.

AIG is buying companies as they layoff people. Wonderful! https://www.insurancejournal.com/news/national/2018/09/21/502003.htm

What will happen this fall to work comp and the departments that support them such as shared services and compliance groups.

... — read more 

When the life/new business underwriting department had their RIF's in January and again in August, the majority of the individuals were aged 40+ (with a few younger aged individuals). Appears the plan is to exit experience staff and hire recent... — read more 

Has anyone heard if this group will be affected?

Does anyone have any info about RIFs for US commercial casualty underwriting layoffs for either primary lines and/or excess casualty lines in the coming weeks or months?

Joined AIG less than a year ago and didn't make it that long. In fact, most hired in the last year (in CRS) were RIF'd last week. Note to others: Don't take a new role in a new dept with any hopes of surviving. Cause when there's no budget to... — read more 

Anyone know what is going on with mms division?