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AIG Names Marilyn Hirsch As Senior Vice President, Treasurer
AIG CEO Says Expects IPO Of Life And Retirement Business In Q1 Or Q2 Next Year - Conf call
AIG Reports QTRLY Adjusted After-Tax Earnings Per Share $0.97
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 in approximately 80 countries and jurisdictions. Its diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. Its segments consist of General Insurance, Life and Retirement, and Other Operations. General Insurance segment consists of two operating segments: North America and International. Life and Retirement segment consists of four operating segments: Individual Retirement, Group Retirement, Life Insurance and Institutional Markets. North America and International segment consist of two product categories: Commercial Lines, which consists of Liability, Financial Lines, Property and Global Specialty, and Personal Insurance, which consists of Personal Lines, and Accident and Health.
Insurance (Prop. & Casualty)
1271 Ave Of The Americas, Fl 37
NEW YORK, NY
Peter S. Zaffino
Chairman of the Board, President, Chief Executive Officer
Chief Financial Officer, Executive Vice President
Karen L. Ling
Chief Human Resource Officer, Executive Vice President
John P. Repko
Executive Vice President, Chief Information Officer
Executive Vice President, Chief Risk Officer
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* AIG CEO SAYS EXPECTS TO REDEEM OR REPURCHASE AN ADDITIONAL $1 BILLION OF DEBT IN Q4 - CONF CALL
American International Group Inc exceeded market estimates for quarterly profit on Thursday as its general insurance business faced fewer natural catastrophe and COVID-19 pandemic-related claims.
American International Group said on Monday it has appointed insider Shane Fitzsimons as its chief financial officer, replacing Mark Lyons, as the insurer prepares for the separation of its life and retirement business.
American International Group said on Monday it has appointed Shane Fitzsimons as chief financial officer, replacing Mark Lyons who will step into another role from January. (Reporting by Amruta Khandekar; Editing by Devika Syamnath)
American International Group said on Wednesday Chief Executive Officer Peter Zaffino would take on the additional role of board chairman from next year, replacing Brian Duperreault.
American International Group Inc is tightening terms of its cyber insurance, noting that its own premium prices are up nearly 40% globally, with the largest increase in North America, the U.S. insurer's chief executive said on Friday.
American International Group Inc beat second-quarter profit estimates on Thursday, driven by strong performance in its general insurance and life and retirement units.
American International Group Inc, one of the largest U.S. insurers, has set Sept. 14 as its global return-to-office date, Chief Executive Officer Peter Zaffino told employees on Wednesday in a memo seen by Reuters.
American International Group Inc plans to use an IPO to sell part of its life and retirement business, while Blackstone Group Inc agreed to buy a sizeable stake, according to a person familiar with the matter.
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.
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