News: American International Group Inc (AIG)

AIG on New York Consolidated

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31 Mar 2015
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Wed, Mar 4 2015

Fitch Rates AIG's New Sr. Unsecured Notes 'BBB+'

(The following statement was released by the rating agency) CHICAGO, March 04 (Fitch) Fitch Ratings assigns a rating of 'BBB+' to American International Group, Inc.'s (AIG) new issuance of approximately $350 million 4.35% senior notes due 2045. KEY RATING DRIVERS This new issue is rated equivalent to the ratings of AIG's existing senior debt and was sold in the Taiwan market. Proceeds from the issue will be used for general corporate purposes, which may include the retirement of existing d

Fitch Revises AIG's Rating Outlook to Positive; Affirms 'A-' IDR

(The following statement was released by the rating agency) CHICAGO, March 02 (Fitch) Fitch Ratings has affirmed American International Group, Inc.'s ratings, including the long-term IDR at 'A-'. Fitch has also affirmed the ratings on AIG's senior debt obligations at 'BBB+'. Additionally, Fitch has affirmed the Insurer Financial Strength (IFS) ratings of AIG's rated property/casualty insurance subsidiaries at 'A' and the IFS ratings of the company's U.S. life insurance subsidiaries led by A

UPDATE 3-Former AIG head Benmosche dies; led insurer after bailout

NEW YORK, Feb 27 - Robert Benmosche, who took the helm of insurer American International Group after a massive government bailout at the height of the financial crisis, died on Friday at 70 after a battle with lung cancer.

A

CORRECTED-OFFICIAL-Former AIG head Benmosche dies at 70

Feb 27 - Robert Benmosche, former president and chief executive officer of insurer American International Group , died Friday at 70, the company said in a statement.

Luxembourg tax storm hits new EU chief Juncker

BRUSSELS - A storm of outrage over Luxembourg's role in helping global companies avoid tax plunged its former leader into controversy in his first week running the European Commission, the EU body that polices tax abuses.

Companies sign secret tax deals with Luxembourg: report

- More than 300 companies, including PepsiCo Inc , AIG Inc and Deutsche Bank AG , secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists (ICIJ) reported, quoting leaked documents.

China's CIC, AVIC end talks to acquire Avolon: sources

- China Investment Corp (CIC) and AVIC Capital Co Ltd have ended talks to acquire Avolon Holdings Ltd, making it likely that the aircraft leasing company will pursue an initial public offering, according to people familiar with the matter.

China's CIC, AVIC end talks to acquire Avolon-sources

Oct 1 - China Investment Corp (CIC) and AVIC Capital Co Ltd have ended talks to acquire Avolon Holdings Ltd, making it likely that the aircraft leasing company will pursue an initial public offering, according to people familiar with the matter.

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