American International Group
AIG : U.S. Treasury Department working on AIG exit strategy
Treasury Department officials finalise their plan to render AIG financially independent after the massive taxpayer investment. The core piece of that strategy would be...
Chinese investors may not proceed with bid for AIA shares
China Life and two other Chinese investors have withdrawn from bidding for stakes in American International Group's Asian unit ahead of its planned initial...
AIA wants to split from US parent : report
American International Assurance (AIA), the Asian unit of US insurance giant AIG, is trawling for investors so it can split from its ...
AIG names Mark Tucker, ex-Prudential head to run AIA
US insurer AIG has confirmed it is replacing the head of its Asian unit AIA before listing the company in Hong Kong with a...
Justice : AIG to pay 725 million dollars to settle US fraud lawsuit
US insurance giant AIG has agreed to pay 725 million dollars to settle allegations of market fraud brought by three Ohio pension funds, the...
AIG names Steve Miller chairman, Golub Harvey resigns
American International Group Inc named director Robert "Steve" Miller as its new chairman, after Harvey Golub resigned amid tensions with Chief Executive Robert Benmosche.
Benmosche...
AIG: Chinese consortiums eye AIA takeover
At least four consortiums made up of private Chinese investors have approached US insurance giant AIG to acquire its Asian unit AIA, a Hong...
AIG, China Strategic Holdings extend deadline for unit deal
US insurance giant American International Group (AIG) and a Hong Kong consortium said Monday they had agreed to extend the deadline for a deal...
Prudential gets approval for Hong Kong listing
London-listed insurer Prudential has been given the green light by the Hong Kong Stock Exchange to list on the city's bourse, a report said...
US insurance giant AIG has agreed to sell its Asian arm, AIA, to British insurer Prudential for around 35 billion dollars
US insurance giant AIG has agreed to sell its Asian arm, AIA, to British insurer Prudential for around 35 billion dollars (26 billion euros,...
US: New AIG bonuses ignited a political firestorm
A new furor erupted Wednesday as AIG revealed plans to pay 100 million dollars in bonuses a year after similar payments by the bailed-out...
AIG to pay 100 million dollars in bonuses
Bailed out US insurance giant AIG is set to begin paying 100 million dollars in bonuses to employees on Wednesday, a year after similar...
US Fed welcomes AIG bailout probe
Federal Reserve chairman Ben Bernanke said Tuesday he "would welcome" a congressional probe into the controversial government bailout of insurance giant AIG during the...
US: Geithner to testify over AIG bailout controversy
US Treasury Secretary Timothy Geithner has agreed to testify before a congressional committee over the controversial government bailout of insurance giant AIG during the...
Outgoing AIG counsel Kelly Anastasia to be paid $2.8 million
A top executive at American International Group Inc has resigned because of pay curbs imposed by the Obama Administration's pay czar, the insurer said...
Taiwan hopes Nan Shan application to be resubmitted
Taiwan's top financial regulator told lawmakers Wednesday he hopes the consortium that won the bidding for American International Group Inc.'s (AIG) Taiwan unit will...
AIG’s Asian unit to list in 20 billion dollar IPO
Bailed-out US insurance giant AIG is planning to list its Asian unit in Hong Kong by the second quarter of 2010 in a sale...
AIG announces plan to list AIA in Hong Kong
Bailed-out US insurance giant AIG said Thursday it had chosen Hong Kong as the venue for a planned listing of its Asian subsidiary AIA.
But...
Primus Financial and China Strategic Holdings in talks with Taiwan regulators for AIG unit
Primus Financial Holdings Ltd. and China Strategic Holdings Ltd. , which American International Group Inc. (AIG) selected to buy its Taiwan life insurance unit...
Equity swap allows AIG to cut 25 billion dollars in Fed debt
Bailed-out US insurance giant AIG said Tuesday it had agreed to provide an equity stake in two subsidiaries to the Federal Reserve in a...
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