American International News (NYSE:AIG)

DateTimeSource
Headline
09/19/201610:00AMBWAIG to Hold Investor Day on November 18, 2016
American International Group, Inc. (NYSE: AIG) announced today that it will hold an Investor Day in New York City on Friday, November 18, 2016. Members of AIG’s senior management team will discuss the company’s businesses, strategies and financial outlook. Further details will be announced closer to the date of the... More...>>
09/16/201610:00AMDJNAIG to Sell Lloyd's Insurance Operations to Canada Pension Fund
American International Group Inc. agreed to sell insurance operations connected with Lloyd's of London to Canada's biggest pension fund, receiving about $240 million in cash. The Canada Pension Plan Investment Board will acquire AIG's 20% stake in specialty insurance underwriter Ascot Underwriting Holdings... More...>>
09/16/20169:48AMDJNAIG to Sell Lloyd's Insurance Operations to Canada Pension Fund
By Anne Steele American International Group Inc. agreed to sell insurance operations connected with Lloyd's of London to Canada's biggest pension fund, receiving about $240 million in cash. The Canada Pension Plan Investment Board will acquire AIG's 20% stake in specialty insurance underwriter Ascot Underwriting... More...>>
09/16/20168:15AMBWAIG Agrees to Sell Stake in Ascot Lloyd’s Syndicate, Maintains Strategic Relationship with Ascot in Bermuda
American International Group, Inc. (NYSE:AIG) today announced that it has entered into an agreement to sell its interest in Ascot Underwriting Holdings Ltd. (AUHL) and related syndicate-funding subsidiary Ascot Corporate Name Ltd. (ACNL) (together Ascot) to Canada Pension Plan Investment Board (CPPIB), a professional investment... More...>>
09/14/20163:02AMDJNGreenberg's Trial Begins -- 11 Years Later -- WSJ
By Leslie Scism Maurice R. "Hank" Greenberg, the prominent insurance executive who transformed American International Group Inc. into a global powerhouse, is finally on trial. Eleven years ago, Eliot Spitzer, New York Attorney General at the time, filed a financial-fraud civil-court lawsuit against Mr. Greenberg... More...>>
09/14/201612:00AMDJNSpitzer's Trial Against Hank Greenberg Finally Begins
Maurice R. "Hank" Greenberg, the prominent insurance executive who transformed American International Group Inc. into a global powerhouse, is finally on trial. Eleven years ago, Eliot Spitzer, New York Attorney General at the time, filed a financial-fraud civil-court lawsuit against Mr. Greenberg. What followed... More...>>
09/13/20166:53PMDJNSpitzer's Trial Against Hank Greenberg Finally Begins
By Leslie Scism Maurice R. "Hank" Greenberg, the prominent insurance executive who transformed American International Group Inc. into a global powerhouse, is finally on trial. Eleven years ago, Eliot Spitzer, New York Attorney General at the time, filed a financial-fraud civil-court lawsuit against Mr. Greenberg... More...>>
09/13/20164:20PMBWAIG 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 $44.5525 per share from $44.5826 per... More...>>
09/13/20167:30AMPRNUSAIG UK and Dechert to offer legal advice to CorporateGuard clients
AIG UK and Dechert to offer legal advice to CorporateGuard clients PR Newswire NEW YORK, Sept. 13, 2016 NEW YORK, Sept. 13, 2016 /PRNewswire/-- AIG UK, the UK arm of global insurer American International Group, Inc. (AIG:NYSE) and global law firm Dechert LLP have partnered to offer legal advice at no additional cost to... More...>>
09/09/20163:02AMDJNAt Last, Spitzer v. Greenberg -- WSJ
By Leslie Scism The year was 2005. The iPhone didn't exist yet. New York's attorney general was Eliot Spitzer. And he filed a financial-fraud lawsuit against Maurice "Hank" Greenberg, chief executive of American International Group Inc., then one of the most powerful financial firms in the world. Next... More...>>
09/08/20167:29PMDJNAfter 11 Years, It's Finally Spitzer v. Greenberg
By Leslie Scism The year was 2005. The iPhone didn't exist yet. New York's attorney general was Eliot Spitzer. And he filed a financial-fraud lawsuit against Maurice "Hank" Greenberg, chief executive of American International Group Inc., then one of the most powerful financial firms in the world. Next... More...>>
09/01/201610:31AMBWSecond Annual National Mortgage Professional Month Celebrates the Pros Dedicated to “MIssion Possible—Helping More People...
Throughout September—National Mortgage Professional Month—United Guaranty will hold drawings for hundreds of prizes to express its appreciation for the work and dedication of loan officers, processors, underwriters, and credit union mortgage originators. September is National Mortgage Professional Month for the second... More...>>
08/31/20168:15AMBWAIG to Present at the Barclays Global Financial Services Conference
American International Group, Inc. (NYSE:AIG) announced today that Robert S. Schimek, AIG Chief Executive Officer of Commercial, will present at the Barclays Global Financial Services Conference on Monday, September 12, 2016, at 9:00 a.m. ET in New York City, NY. A link to the audio webcast will be available in the Investor... More...>>
08/23/20162:00PMDJNAIG in Talks to Sell Lloyd's Insurance Operations to Canada Pension Fund
American International Group Inc. is in early discussions to sell insurance operations connected with Lloyd's of London to Canada's biggest pension fund, according to people familiar with the matter. Canada Pension Plan Investment Board is in talks to acquire AIG's business at Lloyd's of London, and... More...>>
08/23/20161:31PMDJNAIG in Talks to Sell Lloyd's Insurance Operations to Canada Pension Fund
By Ben Dummett and Leslie Scism American International Group Inc. is in early discussions to sell insurance operations connected with Lloyd's of London to Canada's biggest pension fund, according to people familiar with the matter. Canada Pension Plan Investment Board is in talks to acquire AIG's business... More...>>
08/23/201610:00AMBWAIG Names Cindy Leggett-Flynn as New Chief Communications Officer
American International Group, Inc. (AIG) today announced the appointment of Cindy Leggett-Flynn as Senior Vice President, Chief Communications Officer, effective, September 19, 2016. She will report to Jeffrey Hurd, Executive Vice President, Chief Operating Officer. In this position, Cindy will be responsible for AIG’s... More...>>
08/15/20165:30PMDJNAIG Reaches Deal to Sell Mortgage-Insurance Unit to Arch Capital -- 2d Update
By Leslie Scism and Joann S. Lublin American International Group Inc. struck a deal to sell its mortgage-guarantee unit for about $3.4 billion, as the insurer speeds up the return of cash to restive shareholders. The Wall Street Journal had reported earlier Monday that a deal between AIG and the buyer, Bermuda-based insurer... More...>>
08/15/20164:31PMBWAIG Agrees to Sell United Guaranty Corporation to Arch Capital Group for $3.4 Billion
American International Group, Inc. (NYSE:AIG) today announced that it has entered into an agreement to sell its 100 percent interest in United Guaranty Corporation (UGC) to Arch Capital Group Ltd. (Arch; NASDAQ:ACGL), a Bermuda-based writer of specialty lines of property and casualty insurance and reinsurance, as well... More...>>
08/15/20161:40PMDJNAIG Nears Deal to Sell Mortgage-Insurance Unit to Arch Capital
American International Group Inc. is nearing a deal to sell its mortgage-guaranty unit to Arch Capital Group Ltd. for about $3.4 billion, according to people familiar with the matter, as the insurance giant has been speeding up the return of cash to restive shareholders. An agreement between the companies could be reached... More...>>
08/15/20161:35PMDJNAIG Nears Deal to Sell Mortgage-Insurance Unit to Arch Capital -- Update
By Leslie Scism and Joann S. Lublin American International Group Inc. is nearing a deal to sell its mortgage-guaranty unit to Arch Capital Group Ltd. for about $3.4 billion, according to people familiar with the matter, as the insurance giant has been speeding up the return of cash to restive shareholders. An agreement... More...>>
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