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AIG Vietnam unit to offer new airline product

(BestWire) - American International Group's Vietnam subsidiary, AIG Vietnam General Insurance Co. Ltd., is teaming up with local budget airline Jetstar Pacific to offer the first online travel insurance product in Vietnam.

The product is underwritten by AIG's Singapore subsidiary, American Home Assurance Co., to offer protection for sickness, medical expense, flight delay and cancellation, and loss of baggage and

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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