American International Group Inc. recently offered about $519 million in asset- backed securities, supported by insurance premiums from its commercial policyholders, market sources said.
Salomon Smith Barney headed the deal’s syndicate group that included ABN- AMRO, Banc of America Securities LLC and Banc One Capital Markets, the sources said.
Topics Mergers & Acquisitions AIG
Was this article valuable?
Here are more articles you may enjoy.
World’s Growing Civil Unrest Has an Insurance Sting
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs
Trump’s EPA Rollbacks Will Reverberate for ‘Decades’
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 

