AIG to Update Investors on Previously Announced Strategy
November 23 2015 - 10:19AM
Business Wire
American International Group, Inc. (NYSE:AIG) today issued the
following statement:
AIG has taken numerous steps to streamline its businesses,
narrow focus, improve financial performance and return capital to
shareholders as discussed on the third quarter earnings call on
Tuesday, November 3, 2015.
The company intends to take additional actions to further
accelerate its previously announced strategy. AIG will communicate
these actions and provide an update on its continuous and proactive
steps to drive shareholder value to the financial community in the
near term and in advance of the fourth quarter earnings report.
AIG maintains an active dialogue with shareholders, including
Carl Icahn. As previously stated, Management and the Board have
carefully reviewed a separation of AIG’s businesses on many
occasions, including in the recent past, and have concluded it did
not make financial sense.
American International Group, Inc. (AIG) is a leading global
insurance organization serving customers in more than 100 countries
and jurisdictions. AIG companies serve commercial, institutional,
and individual customers through one of the most extensive
worldwide property-casualty networks of any insurer. In addition,
AIG companies are leading providers of life insurance and
retirement services in the United States. AIG common stock is
listed on the New York Stock Exchange and the Tokyo Stock
Exchange.
Additional information about AIG can be found at www.aig.com |
YouTube: www.youtube.com/aig | Twitter: @AIGinsurance | LinkedIn:
http://www.linkedin.com/company/aig
AIG is the marketing name for the worldwide property-casualty,
life and retirement, and general insurance operations of American
International Group, Inc. For additional information, please visit
our website at www.aig.com. All products and services are written
or provided by subsidiaries or affiliates of American International
Group, Inc. Products or services may not be available in all
countries, and coverage is subject to actual policy language.
Non-insurance products and services may be provided by independent
third parties. Certain property-casualty coverages may be provided
by a surplus lines insurer. Surplus lines insurers do not generally
participate in state guaranty funds, and insureds are therefore not
protected by such funds.
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version on businesswire.com: http://www.businesswire.com/news/home/20151123005788/en/
American International Group, Inc.InvestorsLiz Werner,
212-770-7074elizabeth.werner@aig.comorMediaJon Diat,
212-770-3505jon.diat@aig.comorMediaJennifer Hendricks Sullivan,
212-770-3141jennifer.sullivan@aig.com
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