AIG
AIG reports profits for second quarter 2009
AIG today reported its first quarterly profit since the third quarter of 2007, as certain of its businesses stabilized and the company’s results reflected...
AIG close to unit sale for $300 mln-$400 mln-source
American International Group Inc, AIG is close to selling its asset management business to a consortium that includes private equity firm Crestview Partners for...
AIG to report second quarter 2009 results on August 7, 2009
American International Group, Inc. (AIG) will report its second quarter 2009 results before the market opens on Friday, August 7, 2009. AIG’s Quarterly Report...
AIG board of directors confirms Robert H. Benmosche as president and CEO
American International Group, Inc. (AIG) today announced that its Board of Directors has elected Robert H. Benmosche President and Chief Executive Officer. Mr. Benmosche...
AIG appoints New CEO : Robert Benmosche
Robert Benmosche, the former chairman and chief executive of MetLife Inc., has been selected to be the new CEO of American International Group Inc.,...
Moody’s downgrade AIG’s rating to “BB”
The rating agency said it saw risks of payment deferral on AIG's hybrid securities and downgraded the junior subordinated and preferred securities by five...
AIG completes sale of life insurance premium finance portfolio
American International Group, Inc. (AIG) today announced that it has completed the sale of a majority of the...
AIG forms special purpose vehicle to advance separation of global property casualty and general insurance franchises headed by Kristian P. Moor
American International Group, Inc. (AIG) today announced that it has formed the special purpose vehicle (SPV) into which it intends to contribute the equity...
AIG to complete sale of its consumer finance operation in Mexico
American International Group, Inc. (AIG) today announced that it has closed the sale of its consumer finance operations in Mexico
AIG to accelerate separation of ALICO
American International Group, Inc. (AIG) today announced it will accelerate steps to position American Life Insurance Company (ALICO) as an independent entity and seek...
AIG in talk to sell its consumer finance operations in Colombia
AIG announced that it has agreed to sell 100 percent of its ownership interests in Inversora Pichincha S.A. and Interdinco S.A., which comprise AIG’s...
AIG completes the sale of 21st Century Insurance to Zurich Financial Services Group Unit
American International Group, Inc. (AIG) announced that it has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG’s U.S....
Zurich Financial : Acquisition of AIG US Personal Auto Group
Swiss insurance company Zurich Financial Services AG said Thursday its subsidiary Farmers Group, Inc. has completed the acquisition of 100% of American International Group...
AIG’s annual corporate meeting : Situation far More Stable
Flipping his usual procedure for an annual corporate meeting, American International Group Inc.'s (AIG) chief executive began AIG's annual meeting Tuesday with a look...
Improved Group Personal Accident product launched by AIG UK
AIG UK has announced improvements to its Lifeline Plus Group Personal Accident product. For regional brokers who are targeting Group Personal Accident business with...
AIG UK Ltd : The ‘Best Insurance Product Range’ ?
AIG UK Limited announced it has been named as having the ‘Best Product Range’ in Euromoney’s second annual Insurance survey conducted towards the
end of...
Loss record for AIG Insurance : $61.7bn
The Amercian Insurance giant AIG (American International Group) has reported a loss of $61.7bn (£43bn) in the final three months of 2008 - the...
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