30/09/2014 06:12:28 Free Membership Login

American International News (NYSE:AIG)

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09/28/20146:23PMDJNHank Greenberg Challenges AIG Bailout
By Leslie Scism Maurice R. "Hank" Greenberg built American International Group Inc. into a global financial-services powerhouse during nearly 40 years at its helm. But as the firm in 2008 neared collapse, three years after his departure, he couldn't get calls, emails or faxes returned as he tried to offer his help, people... More...>>
09/26/20144:10PMBWAIG to Redeem 8.250% Notes Due 2018
American International Group, Inc. (NYSE: AIG) today announced that it will redeem all of its outstanding 8.250% Notes Due 2018 (CUSIP Nos. 026874BT3, 026874BU0 and U02687CB2) (the “Notes”) on October 27, 2014 (the “Redemption Date”). On the Redemption Date, AIG will pay to the registered holders of the Notes a... More...>>
09/19/20149:43AMDJNU.S. Hot Stocks: Hot Stocks to Watch
Among the companies with shares expected to actively trade in Friday's session are Alibaba Group Holding Ltd. (BABA), Home Depot Inc. (HD) and ITT Educational Services Inc. (ESI). Alibaba will list on the New York Stock Exchange Friday. The Chinese company's shares priced Thursday at $68 apiece, putting it on track for... More...>>
09/18/20144:29PMBWAIG Announces Leadership Team
Peter D. Hancock, President and Chief Executive Officer of American International Group, Inc. (NYSE: AIG), announced today the new leadership structure for the company, which is designed to integrate the company and position it to deliver the full capabilities of AIG to its approximately 90 million clients around the world... More...>>
09/18/20144:28PMBWJay Wintrob and Michael Cowan to Retire from AIG
American International Group, Inc. (NYSE:AIG) announced today that Jay S. Wintrob, President and Chief Executive Officer of AIG Life & Retirement, is leaving the company after over 25 years to pursue other opportunities. AIG also announced that Michael R. Cowan, Executive Vice President and Chief Administrative Officer... More...>>
09/15/20141:00PMBWAIG Names Philip Fasano Chief Information Officer
American International Group, Inc. (NYSE:AIG) announced today that it has named Philip Fasano to the newly created role of Executive Vice President and Chief Information Officer. Mr. Fasano, who will join AIG in October, will report to AIG President and Chief Executive Officer, Peter D. Hancock. Mr. Fasano joins AIG from... More...>>
09/11/20149:07AMBWAIG to Webcast 2014 Tokyo Investor Day
American International Group, Inc. (NYSE:AIG) will present an overview of its Consumer Insurance and Japanese businesses at its investor day in Tokyo, Japan on September 17, 2014 at 1:30 p.m. JST (12:30 a.m. EST). A link to the audio webcast and the presentation materials will be available in the Investors section of AIG's... More...>>
09/03/20142:45PMBWUnited Guaranty’s SecureCert MI Program Provides Maximum Rescission Relief
New post-close review options build on pioneering CoverEdge rescission relief product introduced by United Guaranty in 2011. Mortgage insurance (MI) industry leader United Guaranty has introduced SecureCert,SM a suite of five options that allow lenders to choose the maximum rescission relief1 available in the MI industry—at... More...>>
09/01/20148:00AMBWPeter D. Hancock Assumes Role as AIG President and Chief Executive Officer
American International Group, Inc. (NYSE:AIG) today announced that, in accordance with the company’s succession plan, previously disclosed on June 10, 2014, Peter D. Hancock has assumed the role of President and Chief Executive Officer of AIG, and has joined AIG’s Board of Directors. Mr. Hancock succeeds Robert H... More...>>
08/28/20142:08PMDJNBenmosche Sped Up AIG Exit After Cancer Prognosis -Bloomberg
Robert Benmosche is stepping down as chief executive officer of American International Group (AIG) after five years at the helm and told Bloomberg TV in an interview Thursday that he speeded up his decision after learning that a cancer prognosis gave him less than a year to live. "I knew that the cancer had begun massive... More...>>
08/26/20143:40PMBWAIG Releases 2013 Corporate Citizenship Report
American International Group, Inc. (NYSE:AIG) today announced the release of its 2013 Corporate Citizenship Report, which showcases the company’s governance, environmental, and social performance, as well as its commitment to long-term sustainability. In the report’s opening letter, Robert H. Benmosche, AIG President... More...>>
08/18/20149:00AMBWAIG Announces QoL Performer Plus(SM)
Quality of Life…Insurance® offers protection, accumulation potential and optionality American International Group, Inc. (NYSE: AIG) today announced the launch of QoL Performer PlusSM, affordable universal life insurance that can provide a guaranteed death benefit up to age 80. The product also offers the opportunity... More...>>
08/14/201411:50AMDJNBuffett, Greenberg Target Insurance in Asia
By Enda Curran HONG KONG--Two octogenarian insurance magnates are making bets on Asia. Warren Buffett's Berkshire Hathaway Inc. and Maurice "Hank" Greenberg's Starr Cos. are quietly expanding their operations, hoping to capitalize on a fast-growing market that they believe is underserved by existing insurers. In recent... More...>>
08/06/20141:28AMBWAIG Agrees to Acquire Leading UK Life Protection Carrier Ageas Protect from Ageas Group
American International Group, Inc. (NYSE:AIG) today announced that it has agreed to acquire Ageas Protect Limited from Ageas Group, the Belgium-based international insurer. Total transaction consideration is £181 million (approximately USD $305 million), subject to closing adjustments. The transaction is expected to close... More...>>
08/05/20144:10PMDJNTrustees Seek More Time on Citigroup Settlement
Citigroup Inc.'s $1.13 billion mortgage-securities settlement with private investors may not be wrapped up for a few more months. The trustees involved in the settlement, which include units of Deutsche Bank AG, HSBC Holdings PLC and U.S. Bancorp, have asked for another extension as they decide whether to approve the deal... More...>>
08/05/20143:52PMDJNTrustees Get Extension in Citigroup's Mortgage-Securities Settlement
By Christina Rexrode Citigroup Inc.'s $1.13 billion mortgage-securities settlement with private investors may not be wrapped up for a few more months. The trustees involved in the settlement, which include units of Deutsche Bank AG, HSBC Holdings PLC and U.S. Bancorp, have asked for another extension as they decide whether... More...>>
08/05/20149:44AMDJNU.S. Hot Stocks: Hot Stocks to Watch
Among the companies with shares expected to actively trade in Tuesday's session are Target Corp. (TGT), Gannett Co. (GCI) and CVS Caremark Corp. (CVS). Target lowered its second-quarter outlook, pointing to promotional markdowns at its U.S. stores and softer-than-expected sales in Canada. Shares fell 4.8% to $57.80 in... More...>>
08/05/20149:07AMDJNMARKET SNAPSHOT: U.S. Stocks: Futures Drop; Gannett Gains, Target Drops
By Anora Mahmudova and Barbara Kollmeyer, MarketWatch Office Depot jumps, Motorola Solutions falls NEW YORK (MarketWatch) -- Stock futures extended losses Tuesday, indicating Wall Street could struggle to build on a positive session, as investors waited on service-sector and factory-order data. Futures for the Dow Jones... More...>>
08/05/20147:56AMDJNMARKET SNAPSHOT: U.S. Stocks: Futures Drop; Gannett, Office Depot Rise
By Barbara Kollmeyer, MarketWatch China's PMI takes a bite out of Japanese stocks MADRID (MarketWatch) -- Stock futures fell Tuesday, indicating Wall Street could struggle to build on a positive session, as investors waited on service-sector and factory-order data and after downbeat numbers out of China sapped momentum... More...>>
08/05/20147:55AMDJNMARKET SNAPSHOT: U.S. Markets: Futures Drop; Gannett, Office Depot Rise
By Barbara Kollmeyer, MarketWatch China's PMI takes a bite out of Japanese stocks MADRID (MarketWatch) -- Stock futures fell Tuesday, indicating Wall Street could struggle to build on a positive session, as investors waited on service-sector and factory-order data and after downbeat numbers out of China sapped momentum... More...>>


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