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1 through 20 of 29 matching documents, best matches first.   Sort by date

Enstar Reinsures $400 Million of AIG Adverse Development Ahead of Validus Divestiture
American International Group Inc. on part of Validus Re's loss reserves that AIG will still be exposed to following the closing of AIG's sale of Validus Re to RenaissanceRe ...
Source: BestWire   Date: September 5, 2023
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AIG, Validus Wind Down Business Activities Involving Iran
American International Group Inc. said it is winding down all activities previously undertaken by the group and its recently acquired reinsurer Validus that may be related to Iran ...
Source: BestWire   Date: November 7, 2018
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AIG Gains UK Approval for Brexit Structure
American International Group Inc. said AIG Europe Ltd. has won approval from the High Court of England & Wales to transfer its business into two new entities in preparation for the ...
Source: BestWire   Date: October 25, 2018
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AIG to Launch Retakaful Operation in Malaysia
American International Group Inc. plans to launch its first retakaful, or Shariah-compliant, reinsurance operation this year in Malaysia, according to Antony Lee, chief executive ...
Source: BestWire   Date: January 28, 2014
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New Hong Kong-Based Reinsurer Seeks Capital for Launch
American International Group Inc., and two other industry veterans are seeking capital to fund the launch of a Hong Kong-based reinsurance company. The new reinsurer is seeking to ...
Source: BestWire   Date: September 21, 2010
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Marsh: AIG’s Woes Have Boosted Subscription Market
The difficulties that have beset American International Group Inc. have offered a major boost to London's subscription insurance market, in the view of Martin South, chief ...
Source: BestWire   Date: June 12, 2009
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AIG to Take $2.25 Billion in Charges on Regulatory Settlements, Reserve Development
American International Group Inc. is looking to put a tumultuous time behind it and focus on business after reaching settlements totaling $1.64 billion with federal and state ...
Source: BestWire   Date: February 10, 2006
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Greenberg Team Dismisses Settlement Option in AIG Accounting Probes
Responding to reports that American International Group Inc. may be nearing a settlement of accounting fraud allegations, the legal team representing the insurer's former chief ...
Source: BestWire   Date: January 13, 2006
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New York Officials Won't Comment on Reported AIG Settlement
Financial Officer Howard I. Smith engaged in accounting and reporting practices designed to mislead the public and boost AIG's stock price (BestWire, May 26, 2005). Michael Barry, ...
Source: BestWire   Date: January 13, 2006
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AIG Grapples With Regulatory Woes as Catastrophes Sink Third-Quarter Net 36%
American International Group Inc.'s third-quarter net income fell 36.1%, largely on $1.57 billion in net catastrophe losses, as the multiline insurance giant reported earnings five ...
Source: BestWire   Date: November 15, 2005
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AIG's Proxy Outlines Status of Board Members, Relationships With Private Entities
Cornelius Vander Starr, still is chaired by Maurice R. Greenberg, AIG's former chairman and chief executive officer. Greenberg was forced to resign both positions at AIG amid ...
Source: BestWire   Date: June 28, 2005
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AIG Splits Roles of Treasurer, Comptroller Between Two Executives
American International Group Inc. filled two top executive positions, naming a new comptroller and a new treasurer and separating the two positions, which in the past had been held ...
Source: BestWire   Date: June 22, 2005
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AIG Sets Date for Annual Meeting, Adopts Governance Rule Changes
American International Group Inc. has set Aug. 11 for its annual shareholders meeting, and said it has taken steps to change its corporate bylaws to reflect an effort to build a ...
Source: BestWire   Date: June 20, 2005
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Ex-Chief Financial Officer Smith Resigns From AIG's Board
American International Group Inc.'s former chief financial officer, resigned from AIG's board of directors, following a similar move by Maurice R. Greenberg, the insurer's former ...
Source: BestWire   Date: June 13, 2005
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Second General Re Exec Pleads Guilty in Federal Probe of AIG Deal
Berkshire Hathaway's General Reinsurance Corp. has pleaded guilty to a federal criminal charge in connection with a questionable finite reinsurance deal with American International ...
Source: BestWire   Date: June 10, 2005
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Citing Isolation From Company's Business, Greenberg Resigns from AIG Board
Greenberg said in the letter. "My decision to resign now results from my inability to receive information regarding the company and its operations necessary to fulfill my fiduciary ...
Source: BestWire   Date: June 9, 2005
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Analysts Cautiously Upbeat as AIG Seeks to Clear the Air With Financial Restatements
American International Group Inc.'s management is hoping the filing of its much-anticipated 10-K report will clear the air with one big blast that overhauls questionable accounting ...
Source: BestWire   Date: June 2, 2005
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AIG's Long-Awaited 10-K Details $2.27 Billion Charge to 2004 Shareholders Equity
Garrison and Simpson Thacher & Bartlett. The review extended back to the beginning of 2000 and included the group's domestic general insurance, foreign general insurance, ...
Source: BestWire   Date: May 31, 2005
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San Francisco Sues AIG on Behalf of City's Retirement System
American International Group Inc. on behalf of a city employees' pension fund that he claims suffered financial harm from AIG's alleged violations of securities laws. City Attorney ...
Source: BestWire   Date: May 17, 2005
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Through Lawsuits, Institutional Shareholders Seek Change and Transparency at AIG
American International Group Inc. struggles with the accounting issues that attracted so much attention from state and federal officials, institutional shareholders are emerging as ...
Source: BestWire   Date: May 9, 2005
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