NU Online News Service, July 27, 12:50 p.m.EDT
The American International Group's property and casualtybusiness further distanced itself from the parent corporation witha name change to Chartis and the creation of a special purposevehicle.
The New York-based insurer announced today that it formed aspecial purpose vehicle in which to fold the equity of AIUHoldings, LLC. The new entity will consist of AIU's commercialinsurance, foreign general insurance and private client groupbusinesses.
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