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MetLife to File Suit to Overturn SIFI Designation
Court for the District of Columbia the afternoon of Jan. 13. He couldn't comment further beyond the statement. "We had hoped to avoid litigation after we presented substantial and ...
Source: BestWire Date: January 13, 2015
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AIG's Work Force Shrinks 8.6%
American International Group Inc.'s work force has shrunk 8.6% through attrition as it continues to sell off businesses, the company said. The U.S. Government Accountability Office ...
Source: BestWire Date: September 28, 2009
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AIG to Keep Broker/Dealer Unit
Financial Advisors, the spokeswoman said. The broker/dealer has been renamed Sagepoint Financial Inc. (BestWire, Jan. 12, 2009). AIG has been rebranding its business to distance it ...
Source: BestWire Date: August 19, 2009
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Analysts: Benmosche Has the Right Experience for AIG Job
American International Group Inc. as it seeks to restructure its businesses and restore financial stability, analysts said. "I believe it's a plus for AIG," said Marc Steinberg, an ...
Source: BestWire Date: August 4, 2009
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AIG Says Alico IPO Plan is Advancing
American International Group Inc. will accelerate steps to position its American Life Insurance Co. subsidiary as an independent entity, seeking an initial public offering and ...
Source: BestWire Date: July 16, 2009
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AIG Advances Deal to Position Asian Units for IPOs
American International Group Inc. has entered into an agreement with the Federal Reserve Bank of New York to create separate special purpose vehicles to hold the equity of American ...
Source: BestWire Date: June 25, 2009
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Willumstad Replaces Sullivan as AIG's CEO
Sullivan is out, replaced as CEO by Robert B. Willumstad. Willumstad takes the CEO post in addition to his position as chairman of the board of directors. Sullivan, who has been ...
Source: BestWire Date: June 16, 2008
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AIG Offers Reputational Cover for U.K. Workplace Death Risk
American International Group Inc., which has a current Best's Financial Strength Rating of A+ (Superior). (By Robert O'Connor, London editor: Robert.OConnor@ambest.com)
Source: BestWire Date: May 23, 2008
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AIG Posts 1Q Net Loss of $7.8 Billion on Investments
American International Group reported a first-quarter net loss of $7.8 billion, compared with a profit of $4.1 billion from the same period a year earlier. Profit for the world's ...
Source: BestWire Date: May 8, 2008
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