American International Group
China : PICC insurance company set for Hong Kong IPO
Chinese insurer PICC will make its trading debut in Hong Kong Friday after raising a lower-than-expected $3.1 billion from the city's biggest share sale...
US Treasury announced selling of $6 billion in AIG shares
The US Treasury announced it would seek to raise $6 billion by selling off a chunk of its holdings in American International Group, the...
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...
AIG : AIA may raise up to 20 billion dollars in IPO
AIA Group Ltd said Sunday it could raise up to 20 billion US dollars in a global public offering, putting it on track to...
AIG : Commences Exchange Offer
American International Group Inc. (AIG) on Friday commenced an offer to exchange up to 74.5 million of its equity units, a move that comes...
Report : AIG lowers Asian unit IPO valuation
US insurer AIG said it planned to press ahead with the Hong Kong initial public offering of its Asian unit despite a disappointing valuation...
AIG : Asian unit IPO valuation lowered to woo Kuwaitis
US insurer AIG has been forced to reduce its valuation for the Hong Kong initial public offering of its Asian unit AIA to win...
Goldman Sachs says Prudential’s Asian plan is right
Prudential should sell its American business before hiving off its Asian assets, a confidential strategic review designed to appease investor concern about its inherent...
AIG : final plan to repay U.S. government
The Treasury Department and American International Group have finalized a deal aimed at restoring the troubled insurance giant to independence and repaying the massive...
AIG / unit sale : Prudential Financial to buy Star Life and Edison Life Insurance
Troubled US insurer American International Group (AIG) said Thursday it had agreed to sell two Japanese life insurance units to Prudential Financial for almost...
Prudential and MetLife set to buy AIG units in Japan
Prudential Financial Inc. and MetLife Inc., insurers that have competed for U.S. sales for more than a century, are extending their rivalry in Japan...
