Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
AIG Offers On-line Travel Insurance
Oct 26 2000 // American International Group’s e-commerce site, aigdirect.com, is now offering a new program called AIGAssist that covers a package of travel insurance and 24-hour assistance services provided by AIG member...
Japan Life Sector – Kyoei To File For Protection – AIG Appointed For Chiyoda
Oct 20 2000 // More trouble was announced this morning for Japan’s life insurance sector with the news that Kyoei Life Insurance, the nation’s 11th largest life insurer, is preparing to file for court protection. With total...
AIG To Help With Chiyoda Restructuring
Oct 10 2000 // AIG has reportedly confirmed that it will continue talks with Japan’s Chiyoda Life in an effort to restructure the 96 year old company, following yesterday’s announcement that it was filing for bankruptcy...
AIG, Tata Group To Launch P/C, Life Cos. In India
Oct 9 2000 // American International Group and Tata Group, one of India’s largest and most successful industrial conglomerates, have joined forces to launch insurance ventures in life insurance and p/c in India. In accordance with...
WHO WILL BE AIG CEO’
Oct 2 2000 // American International Group President and Chief Operating Officer Evan G. Greenberg resigned Sept. 19 from the company “to pursue other interests.” The reason for Evan Greenberg’s departure was not made...
AIG President Resigns
Sep 19 2000 // AIG Chairman M.R. Greenberg said, “We wish Evan the very best in his future endeavors.” The reason for Evan Greenberg’s departure was not made immediately available.
AIG TO ACQUIRE HSB GROUP
Sep 4 2000 // American International Group Inc. and HSB Group, Inc. have entered into a definitive agreement whereby AIG will acquire 100 percent of the outstanding stock of HSB Group. The total value of the transaction is approximately...
AIG Agrees to Purchase HSB Group Inc.
Sep 4 2000 // American International Group Inc. (AIG) announced it made a definitive agreement to acquire HSB Group Inc. for a price of approximately $1.2 billion. “We think that the synergies are terrific, and we look forward to...
Hyundai Sec. Says Near Deal with AIG
Aug 28 2000 // South Korea’s Hyundai Securities is in negotiations to sell a 20 percent stake to American Insurance Group in a deal that could be worth nearly $1 billion for the Korean firm. “The chairman of Hyundai...
AIG to Acquire HSB Group
Aug 18 2000 // American International Group, Inc. and Hartford Steam Boiler Group, Inc. (HSB) have entered into a definitive agreement whereby AIG will acquire 100 percent of the outstanding stock of HSB Group. HSB stockholders will...
Large Carriers Post Positive Second-Quarter Results
Aug 7 2000 // Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a...
Large Carriers Post Positive Second-Quarter Results
Aug 7 2000 // Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a...
AIG Member Companies Provide Travel Program at
Jul 27 2000 // American International Group member companies have netered into an agreement to offer travel insurance assistance services to Priceline.com airline ticket customers. The travel insurance program is made available to every...
Q2 Results Good for AIG, Chubb, St. Paul
Jul 27 2000 // American International Group’s second-quarter operating profit rose 13 percent to $1.43 billion, matching analysts’ estimates. T he New York-based insurer said net profit, including realized investment losses,...
AIG names Cormack CEO of European Operations
Jul 25 2000 // American International Group has appointed Ian Cormack as chief executive of European operations. The newly created job will involve overseeing AIG’s insurance, financial services and asset management businesses. The...
Businesses at Risk:Do Your Clients Need CONTAMINATED PRODUCTS Insurance’
Jul 24 2000 // Ecoli bacteria in beverages, cyanide in capsules, salmonella contamination in meat, mislabeled products, threats to spread harmful rumors about a product-these and similar hazards create a crisis situation for a company...
eMind.com Launches Online Training With AIG
Jul 20 2000 // eMind.com, a business-to-business e-learning provider, announced yesterday that it will provide American International Group Inc.(AIG) a customized online learning solution for AIG’s employees. eMind.com will deliver...
AIG Purchases Stake in Taiwan’s Yageo
Jul 17 2000 // American International Group has purchased a 3 percent stake in Taiwan resistor and capacitor maker Yageo Corp. AIG reportedly bought 32.3 million shares for $50 million. Yageo was reported by Reuters news service as...
AIG, Fuji Fire Align in Non-Life Insurance
Jul 14 2000 // Japan’s Fuji Fire & Marine has agreed with a Japanese subsidiary of American International Group to align in the non-life insurance field. The move could strengthen Fuji’s product development and marketing...
AIG Private Client Group Launched
Jul 11 2000 // American International Group has launched the AIG Private Client Group, a division of the American International Companies, to provide customized risk management solutions and services for high net worth individuals. The...
