American International Group Inc. agreed to sell mortgage insurer United Guaranty Corp. to Arch Capital Group Ltd. as Chief Executive Officer Peter Hancock works to simplify his company and free up capital to return to shareholders. The deal is valued …
American International Group Inc., which activist investor Carl Icahn is pressuring to divest assets, had the outlook on its credit rating changed to negative from stable by Standard & Poor’s after the insurer announced plans to sell a stake in …
American International Group Inc. directors have been discussing the sale of the company’s mortgage insurance business “for a while” but “no final decision has been made about the unit,” the Wall Street Journal is reporting, citing sources familiar with the …
