NU Online News Service, March 5, 12:56 p.m. EST

American International Group, Inc. said today it intends to sell in a public offering the remaining 9,192,662 shares of common stock of Transatlantic Holdings, Inc. (TRH) owned by American Home Assurance Company (AHAC), an AIG subsidiary.

AHAC currently plans to begin the offering on or prior to March 9, concurrent with TRH's addition to the S&P Midcap 400 Index. AHAC intends to have a portion of the total shares offered reserved for purchase by index funds, AIG said.

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