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American Intl Group Inc

 
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Update: Interim AIG General Counsel Gets Post as Previously Announced GC Remains at Stripe Inc.
...Adds detail to headline.) American International Group Inc. said Rose Marie Glazer, who served as interim general counsel since Oct. 1, has been named general counsel, effective ...
Source: BestWire   Date: December 1, 2023
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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 Philippines CFO: Data Privacy Laws Heighten Need for Cyberrisk Coverage
Insurance CFO Summit in Hong Kong. View the video version of this interview at: http://www.ambest.com/v.asp?v=lacson518 Following is an edited transcript of the interview. Q: Tell ...
Source: BestWire   Date: June 15, 2018
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AIG Plans New UK, Luxembourg Entities Ahead of Brexit
American International Group Inc. said it authorized new insurance companies in the United Kingdom and Luxembourg to which all business will be transferred ahead of the United ...
Source: BestWire   Date: April 19, 2018
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Taiwan’s Insurance Industry Posted 9.08% Premium Growth in 2017
Insurance Institute's statistic report. Premium income for the life sector increased 9.16% to NT$3.4 trillion in 2017. Individual annuity insurance posted growth of 56% to NT$321 ...
Source: BestWire   Date: March 16, 2018
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AIG Names Head of Newly Created International Government Affairs Post
American International Group Inc. said it appointed Ed Barron to the newly created position of head of international government affairs, beginning in March 2018. Based in London, ...
Source: BestWire   Date: January 19, 2018
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Taiwan’s Insurance Regulator Asks Ruen Chen to Keep Investment Commitment in Nan Shan Life
Nan Shan Life's potential capital raising, said the FSC. Ruen Chen's acquisition of Nan Shan Life in 2011 was approved with additional investment terms, said the FSC. The regulator ...
Source: BestWire   Date: November 27, 2017
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Former Regulator: Difficult Questions Remain in Greenberg Dispute
General Reinsurance Corp. The agreement was announced to settle civil accounting fraud charges first brought against Greenberg and Smith in 2005 by then-Attorney General Eliot ...
Source: BestWire   Date: February 15, 2017
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NY Reaches $9.9 Million Settlement With Former AIG CEO Greenberg, Ex-CFO Smith in Securities Fraud Suit
International Group Chief Executive Officer Maurice R. Greenberg and Howard I. Smith, AIG's former chief financial officer. "Today's agreement settles the indisputable fact that ...
Source: BestWire   Date: February 10, 2017
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Taiwan Regulator Approves AIG Unit’s Sale of Consumer and Small-to-Midsize Enterprise Business to Nan Shan Life
Nan Shan Life Insurance Co. Ltd., according to a statement from the FSC's Insurance Bureau. AIG Asia Pacific Insurance Pte. Ltd. has also been cleared to set up a new branch, AIG ...
Source: BestWire   Date: July 14, 2016
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Barclays Analysts: MetLife's Share Buybacks Likely Modest Until SIFI Rules in Place
Amid regulatory uncertainty, MetLife Inc. said its board of directors approved a $1 billion increase the company's authorization to buy back its common stock. MetLife is currently ...
Source: BestWire   Date: December 15, 2014
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AIG P/C Americas CEO: Inconsistent Capital Standards Could Hurt Consumers
American International Group Inc.'s property/casualty business, said inconsistency in global capital standards could ultimately hurt insurance consumers. He spoke with Best's News ...
Source: BestWire   Date: April 3, 2014
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The Great Unknowns
... Will insurance companies be held to the same capital standards as banks? So even as some pieces of the SIFI puzzle come together, there remain unanswered questions--enough of them ...
Source: Best's Review   Date: October 1, 2013
Equity Analyst: Tough Tasks Ahead for New Chairman at UK's Prudential
Prudential might do well to broaden its view. "If they really want to get up there in the mix" with such other big multinational insurers as Allianz, "maybe the have to break this ...
Source: BestWire   Date: May 30, 2012
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Nan Shan Sees Chance for Regulatory Approval of Proposed Sale
Nan Shan Life Insurance Co. Ltd., a Taiwanese unit of American International Group Inc., is seeing a good chance to get regulatory approval for its proposed sale to Ruen Chen ...
Source: BestWire   Date: May 26, 2011
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Taiwan's Regulator Gets More Documentation From Nan Shan Buyer
American International Group Inc.'s Taiwanese life unit, Nan Shan Life Insurance Co. Ltd., as part of the regulatory review of the proposed acquisition. The regulator is looking ...
Source: BestWire   Date: April 27, 2011
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Taiwan's Regulator Again Extends Takeover Period for Insolvent Kuo Hua Life
Kuo Hua Life Insurance Co. Ltd. for another nine months so as to manage related investment activities of the life insurer. The takeover period will now expire Nov. 3. The extension ...
Source: BestWire   Date: January 31, 2011
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Nan Shan Deal Highlights Regulatory Concerns in Taiwan
Nan Shan Life Insurance Co. Ltd. to Ruen Chen Investment Holding Co. Ltd., a new investment company formed by Taiwanese industrial groups Ruentex Group and Pou Chen Corp. The ...
Source: BestWire   Date: January 18, 2011
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