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American International News (NYSE:AIG)

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06/28/20164:20PMBWAIG to Report Second Quarter 2016 Results on August 2, 2016
American International Group, Inc. (NYSE: AIG) will report financial results for the second quarter ended June 30, 2016, after the market closes on Tuesday, August 2, 2016. AIG’s press release and financial supplement will be available in the Investor Relations section of AIG’s website at http://www.aig.com. AIG will... More...>>
06/23/20167:20PMDJNBernanke, Volcker, Dodd, Frank Join MetLife Regulation Fight
WASHINGTON—An all-star roster of financial-crisis heavyweights jumped into the legal battle between the federal government and MetLife Inc., urging an appeals court to allow regulators to boost oversight of the insurance giant. In separate briefs filed Thursday, former Federal Reserve Chairmen Ben Bernanke and Paul... More...>>
06/13/20169:30AMBWEric Taylor Joins AIG as Senior Vice President, Independent Annuity and A & H Distribution
American International Group, Inc. (NYSE: AIG) today announced that it has named Eric Taylor Senior Vice President, Independent Annuity and A & H Distribution. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160613005733/en/ Eric Taylor Senior Vice President... More...>>
06/09/20164:16PMBWAIG Announces Adjustments to Warrant Exercise Price and Shares Receivable upon Warrant Exercise
American International Group, Inc. (NYSE: AIG) today announced that in accordance with the terms of the outstanding warrants (CUSIP number 026874156) (the “Warrants”) to purchase shares of AIG Common Stock, par value $2.50 per share, the Warrant exercise price will be reduced to $44.5826 per share from $44.7340 per... More...>>
06/06/20163:02AMDJN62 Years at Same Firm: How One Man Did It -- WSJ
By Leslie Scism When Maurice "Hank" Greenberg resigned as chief executive from American International Group Inc. in 2005, his career there was invariably referred to as long. It stretched about 45 years. But Mr. Greenberg doesn't have a thing on Manuel "Manolo" Rodriguez, who retired a few weeks... More...>>
06/03/20163:38PMDJNFed Outlines New Requirements for Insurance Firms -- Update
By Ryan Tracy and Leslie Scism WASHINGTON -- The Federal Reserve took a step toward imposing tougher capital requirements on insurers tagged for heightened oversight, sketching out proposals that companies can now respond to after years of uncertainty about the process. The Fed's proposals, however, leave key details... More...>>
06/03/20163:30PMDJNFed Outlines New Requirements for Insurance Firms
WASHINGTON—The Federal Reserve took a step toward imposing tougher capital requirements on insurers tagged for heightened oversight, sketching out proposals that companies can now respond to after years of uncertainty about the process. The Fed's proposals, however, leave key details to be determined later... More...>>
06/03/20163:13PMDJNFed Outlines New Requirements for Insurance Firms
By Ryan Tracy and Leslie Scism WASHINGTON -- The Federal Reserve took a step toward imposing tougher capital requirements on insurers tagged for heightened oversight, sketching out proposals that companies can now respond to after years of uncertainty about the process. The Fed's proposals, however, leave key details... More...>>
06/02/201612:43PMBWA.M. Best Removes from Under Review and Affirms Ratings of American International Group, Inc. and Majority of Its Subsidiaries
A.M. Best has removed from under review with negative implications and affirmed the issuer credit rating (ICR) of American International Group, Inc. (AIG) (headquartered in New York, NY) [NYSE:AIG] and the financial strength ratings (FSR) and ICRs of the majority of its insurance subsidiaries. In addition, A.M. Best has... More...>>
05/24/20168:15AMBWAIG Launches a New Equity Crowdfunding Insurance Product to Protect Investors
First policy signed with Dubai-headquartered crowdfunding platform American International Group, Inc. (NYSE:AIG) has launched a new product for the fast-growing global crowdfunding investment industry. This is the first new insurance product developed specifically to protect investors on equity crowdfunding platforms against... More...>>
05/20/201612:28PMDJNFed's Tarullo Outlines Rules for Big U.S. Insurers--2nd Update
By Ryan Tracy WASHINGTON -- Big U.S. insurers Prudential Financial Inc. and American International Group Inc. would face tougher capital requirements than their peers under new rules outlined for the first time Friday by the Federal Reserve's point-man on regulation. Fed governor Daniel Tarullo said the Fed will propose... More...>>
05/20/20169:40AMDJNFed's Tarullo Outlines Rules for Big U.S. Insurers
WASHINGTON—Big U.S. insurers Prudential Financial Inc. and American International Group Inc. would face tougher capital requirements than their peers under new rules outlined for the first time Friday by the Federal Reserve's point-man on regulation. Fed Gov. Daniel Tarullo said the Fed will propose rules "in... More...>>
05/20/20169:35AMDJNFed's Tarullo Outlines Rules for Big U.S. Insurers--Update
By Ryan Tracy WASHINGTON -- Big U.S. insurers Prudential Financial Inc. and American International Group Inc. would face tougher capital requirements than their peers under new rules outlined for the first time Friday by the Federal Reserve's point-man on regulation. Fed Gov. Daniel Tarullo said the Fed will propose... More...>>
05/20/20169:30AMDJNFed's Tarullo Outlines Rules for Big U.S. Insurers
By Ryan Tracy WASHINGTON -- Big U.S. insurers Prudential Financial Inc. and American International Group Inc. would face tougher capital requirements than their peers under new rules outlined for the first time Friday by the Federal Reserve's point-man on regulation. Fed Gov. Daniel Tarullo said the Fed will propose... More...>>
05/18/20163:02AMDJNMoneyBeat: AIG Counsel Is Retiring -- WSJ
By Leslie Scism Thomas Russo, American International Group Inc.'s general counsel who earlier had been the top in-house lawyer at Lehman Brothers Holdings Inc., is retiring from the global insurer, according to an internal memo to employees. Mr. Russo's departure is the latest in a string of exits by seasoned... More...>>
05/17/20169:10PMDJNAIG Counsel Is Retiring
By Leslie Scism Thomas Russo, American International Group Inc.'s general counsel who earlier had been the top in-house lawyer at Lehman Brothers Holdings Inc., is retiring from the global insurer, according to an internal memo to employees. Mr. Russo's departure is the latest in a string of exits by seasoned... More...>>
05/11/20164:16PMBWAIG Announces Results of Its 2016 Annual Meeting of Shareholders
Shareholders of American International Group, Inc. (NYSE: AIG) today elected sixteen directors at the company's Annual Meeting of Shareholders. The shareholders also voted to support each of the two proposals recommended by the AIG Board of Directors. The results were as follows: (1) Elected sixteen directors as follows:... More...>>
05/11/20168:15AMBWAIG Announces Streamlined IUL Portfolio and New Educational Tools
Index universal life insurance offers flexible protection, potential cash value growth American International Group (NYSE: AIG) today announced a streamlined portfolio of index universal life (IUL) insurance products along with new educational resources for financial professionals and their clients. The two new IUL policies... More...>>
05/09/20164:15PMBWAIG Secures Approximately $300 Million Of Indemnity Reinsurance Coverage for Mortgage Insurance Portfolio from 2008 and Earlier
The transaction transfers risk to investors and is believed to be the first of its kind involving policies from 2008 and prior years American International Group, Inc. (NYSE:AIG) today announced that its mortgage insurance business United Guaranty Corporation (UGC) obtained $298.6 million of indemnity reinsurance from... More...>>
05/06/20164:21PMBWAIG Completes Sale of Advisor Group to Lightyear Capital and PSP Investments
American International Group, Inc. (NYSE:AIG) today announced that it has completed the sale of Advisor Group to investment funds affiliated with Lightyear Capital LLC, a private equity firm specializing in financial services investing, and PSP Investments, one of Canada’s largest pension investment managers. AIG’s... More...>>
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