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By Reuters |
May 7, 2012
The U.S. Treasury has agreed to cut its ownership stake in American International Group Inc to 63 percent by selling 163.9 million shares for approximately $5 billion, with the insurer agreeing to buy back about $2 billion worth.
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By Contributing Author |
May 2, 2012
Paper checks are expensive to produce and process, while prepaid cards help insurers save time and money.
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By Staff Writers |
March 30, 2012
Industry leaders have a lot to say. PC360 brings our readers the top quotes from major industry players for the week of March 26.
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By Chad Hemenway, PropertyCasualty360.com |
March 27, 2012
The CEO of AIG says American taxpayers will pocket up to $10 billion when the government assistance it received more than three years ago is repaid.
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By Arthur D. Postal |
March 6, 2012
AIG says it completed the sale of 14 percent of the stock of its Hong Kong life insurer, AIA Group, Ltd., at the projected price of approximately $6 billion.
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By Arthur D. Postal, PropertyCasualty360.com |
March 5, 2012
American International Group today sold 14 percent of the stock of its Hong Kong life insurer, AIA Group, Ltd., for approximately $6 billion.
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By Ted Besesparis |
February 27, 2012
When Congress is clear, bureaucrats shouldn’t second-guess it
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By Chad Hemenway, PropertyCasualty360.com |
December 23, 2011
American International Group Inc. (AIG) Chief Executive Officer Robert Benmosche has told the company he wants to keep leading it beyond next year.
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By NU Staff |
December 19, 2011
In such an eventful year, with dozens of compelling stories as strong contenders, determining the Top 10 of 2011 was no easy task. But, after a lot of labor—and internal debate—we feel the final list we’ve put together successfully captures the essential news of the past 12 months.
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December 15, 2011
While dozens of insurance companies made big news in 2011, none could come close to matching the sheer quantity of headlines grabbed by AIG—the recipient of an $182 billion government bailout and an industry giant whose Chartis division is one of the key P&C players.
