AIG
Chinatrust makes biggest bid for AIG Taiwan unit
Taiwan's Chinatrust Financial has offered three billion US dollars for Nan Shan Life, the highest bid yet for the local unit of insurance giant...
AIG to shell out $100 Million due to penalties
According to a statement by the Insurance Department in Pennsylvania on Wednesday, around $100 million in penalties will be paid by the American International...
AIG may announce buyer for Taiwan unit next week
Insurance giant American International Group is likely to announce next week the buyer for its Taiwan unit, Nan Shan Life, a report said Thursday...
US Treasury : two large AIG stock sales planned for 2011
The Treasury Department plans to sell a large piece of its stake in American International Group in two stock offerings next year. It would...
Zurich adds U.S. customers after acquiring auto unit from AIG
Zurich Financial Services AG, the insurer that got more than a quarter of policy sales from the U.S. in the first nine months of...
AIG : recapitalization plan to speed up bailout exit
American International Group, US government-controlled after a bailout, said Wednesday it has struck a deal to speed up repayment of taxpayer dollars and reclaim...
Five Taiwan firms bid for AIG’s unit
Five Taiwanese companies are bidding for US insurance giant AIG's local unit, Nan Shan Life, with offers of between two and three billion US...
Four Taiwanese firms invited to evaluate Nan Shan
US insurance giant AIG has invited four Taiwanese units to conduct due diligence on the troubled firm's Taiwan unit Nan Shan Life to revive...
Prudential clears financing in buyout of AIG units
Prudential Financial Inc. said Thursday it has completed lining up financing to fund part of its acquisition of two insurance companies from American International...
AIG : Taiwan’s Fubon plans to bid for AIG unit
Fubon Financial Holding, a leading Taiwanese financial conglomerate, has said for the first time it wants to bid for US insurance giant AIG's Taiwan...
AIG : posts 2.4 billion dollar loss amid restructuring
US government-rescued insurer American International Group said Friday it lost 2.4 billion dollars in the third quarter, led by restructuring charges.
AIG said it took...
AIG / Asia : AIA says IPO raised 20.5 billion US dollars
The Asian unit of troubled US insurer AIG has raised 20.5 billion US dollars in a Hong Kong share sale that was the world's...
AIG to repay 36.7 billion dollars of US bailout
Ailing insurer AIG is poised to repay 36.7 billion dollars in government bailout aid after floating its Asian unit AIA and selling another subsidiary,...
Transaction : AIG raises $37 billion from Alico sale, IPO
In its ongoing efforts to repay taxpayers, bailed-out insurance giant American International Group in recent days has raised nearly $37 billion through the sale...
AIA shares soar 12 percent on trading debut
Shares in the Asian unit of troubled US insurer AIG soared 12 percent on their trading debut in Hong Kong on Friday, opening at...
AIG : succession planning issued by Board of Directors
Today, upon unanimous vote, the Board of Directors of American International Group, Inc. (AIG) agreed to issue the following statement:
"We are committed to management...
AIA set for Hong Kong debut after huge share offer
The Asian unit of troubled US insurer AIG is set to make its trading debut in Hong Kong on Friday after a monster share...
Featured : Insurer AIA’s share sale sets Hong Kong record
The Asian unit of troubled US insurer AIG looked set Friday to record the world's second-largest initial public offering this year, in a monster...
AIG / AIA : share sale set to close early on strong demand
The share sale of the Asian unit of US life insurer AIG could close two days early due to stronger-than-expected demand, a report said...
AIG / AIA : IPO institutional books to close early
AIG will close the institutional books for the AIA IPO on Tuesday, two days ahead of schedule due to strong demand. AIG will sell...
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