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AIG Says Qtrly Earnings Per Share $4.41
AIG Says CEO Brian Duperreault's FY 2020 Total Compensation Was $18.8 Million
AIG Qtrly Loss Per Share $0.07
American International Group, Inc. is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement solutions and other financial services to customers. Its diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. The Company’s segments consist of General Insurance, Life and Retirement, Other Operations, and a Legacy Portfolio. General Insurance segment consists of two modules: North America and International. Life and Retirement segment consists of four modules: Individual Retirement, Group Retirement, Life Insurance and Institutional Markets. Other Operations includes Blackboard U.S. Holdings, Inc., which is the Company’s technology-driven subsidiary. Legacy Portfolio consists of its run-off insurance lines and legacy investments.
Insurance (Prop. & Casualty)
1271 Ave Of The Americas, Fl 37
NEW YORK, NY
Executive Chairman of the Board
Peter S. Zaffino
President, Chief Executive Officer, Director
Mark Donald Lyons
Chief Financial Officer, Executive Vice President
Karen L. Ling
Chief Human Resource Officer, Executive Vice President
Executive Vice President, Chief Administrative Officer
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Former Aviva Plc Chief Financial Officer Tom Stoddard joined Bank of America Corp as vice chairman of investment banking, according to an internal memo, returning to his advisory roots after a stint in the insurance industry.
American International Group INC has decided to use an IPO to sell a 19.9% stake in its life and retirement business, Chief Executive Officer Peter Zaffino said on Friday, dashing prospects for potential bidders.
American International Group Inc beat first-quarter profit estimates on Thursday, as strong performance in its general insurance and life and retirement units blunted the hit from winter storms and coronavirus-related mortality claims.
Athene Holding Ltd said on Thursday that it is not in discussions with insurer American International Group Inc about an acquisition, a day after Athene's chief said the company had expressed interest to AIG about a deal.
American International Group Inc said on Wednesday it is hiking some commercial insurance rates by as much as 45%, a trend it sees persisting in 2021, as the company prepares to install Peter Zaffino as its new chief executive on March 1.
* AIG PRESIDENT SAYS RECEIVED INQUIRIES FROM PARTIES INTERESTED IN POTENTIALLY PURCHASING 19.9% STAKE IN LIFE AND RETIREMENT UNIT-CONF CALL
Insurer American International Group Inc <AIG.N> said on Friday it is considering an initial public offering or a private sale of nearly 20% of its life and retirement business to separate the unit from the rest of the company over the coming year.
American International Group Inc <AIG.N> reported a slump in third-quarter profit on Thursday, hurt by losses related to storms, wildfires and the COVID-19 pandemic.
Insurer American International Group Inc <AIG.N> on Monday said its board approved a plan to separate the life and retirement business from the rest of the company, and named President Peter Zaffino as chief executive officer, effective next year.
American International Group Inc agreed to give up claims to more than $400 million of foreign tax credits and to accept a 10% tax penalty to settle accusations it used abusive tax shelters, the U.S. Department of Justice said on Friday.
American International Group Inc agreed to settle a tax shelter lawsuit related to the entering of sham transactions designed to generate bogus foreign tax credits, Acting U.S. Attorney Audrey Strauss in Manhattan said on Friday.
American International Group Inc <AIG.N> on Thursday promoted David McElroy to the post of chief executive officer of general insurance and executive vice president with immediate effect.
Insurer American International Group Inc <AIG.N> racked up $730 million in COVID-19-related losses during the first half of the year, its chief executive officer said on Tuesday.
Insurer American International Group Inc <AIG.N> on Monday posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe losses and lower private-equity returns.
Insurer American International Group Inc on Monday posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe losses and lower private-equity returns.
An investment advisory unit of American International Group has agreed to pay about $40 million for failing to disclose to teachers and other clients conflicts of interest and practices that generated millions of dollars for the firm, the U.S. Securities and Exchange Commission...
The R&A says the extension of insurance firm AIG's title sponsorship of the women's British Open until 2025 will accelerate the progress made in the women's game.
American International Group Inc <AIG.N> will relocate its global headquarters in New York City, moving out of the financial district after more than three decades, the U.S. insurer said on Tuesday.
* HERITAGE ANNOUNCES AGREEMENT WITH AIG PRIVATE CLIENT GROUP AND SAFECO
* AIG LIFE & RETIREMENT - ANNOUNCED LAUNCH OF NEW AQR DYNAMIQ ALLOCATION INDEX Source text for Eikon: Further company coverage:
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