American International Group is on the lookout for acquisitions both in the United States and overseas, according to a statement made by Chairman Maurice Greenberg during a meeting with analysts and money managers that also was open to limited public access.
The meeting replaced Greenberg’s two annual fireside chats, which were restricted to analysts — one meeting for “buy side” analysts, representing money-management firms, and the other for “sell side” analysts, representing Wall Street securities brokers.
The insurer has been expected for some time to make a major purchase in U.S. insurance or asset management, and is in talks to take over financial firms in Japan and South Korea. The company’s last large state-side purchase was U.S. annuities seller SunAmerica, which AIG bought for about $18 billion three years ago.
Topics USA Mergers & Acquisitions AIG
Was this article valuable?
Here are more articles you may enjoy.
Cost of Howden-Driven Talent War Rises to $31M for Brown & Brown 
Trump Administration Targets Dismantling of Already-Weakened DEI 
Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M 
California Taking Action Against State Farm Over LA Wildfire Claims 
