AIG Plans Sale of Life Business to Blackstone and in IPO July 14, 2021 By David French, Alwyn Scott and Nivedita Balu American International Group Inc. plans to use an IPO to sell part of its life and retirement business, while Blackstone...
AIG Hikes Rates Up to 45%; Reports Interest in Life/Retirement Unit Sale February 18, 2021 By Alwyn Scott and Suzanne Barlyn American International Group Inc. said on Wednesday it is hiking some commercial insurance rates by as much as 45%, a...
Further Simplifying, AIG to Sell United Guaranty to Arch for $3.4 Billion August 16, 2016 By Sonali Basak and Katherine Chiglinsky American International Group Inc. agreed to sell mortgage insurer United Guaranty Corp. to Arch Capital Group Ltd. as Chief Executive...
AIG Reported Considering Sale of Blocks of Business to Narrow Focus November 29, 2015 By Matthew Monks and Sonali Basak American International Group Inc., the insurer being pressured by activist investor Carl Icahn to boost returns, is considering the sale...
Activist Paulson Joins Icahn’s Call to Break Up AIG October 28, 2015 By Michael Flaherty and Richa Naidu Activist investor Carl Icahn said he owns a “large stake” in American International Group Inc. and urged the insurer to...