Billionaire investor Carl Icahn has sold his stake in American International Group Inc, ending a more than two-year association with one of the largest U.S. property and casualty insurers, according to a person familiar with the matter. The activist investor …
Samuel Merksamer, who represents billionaire Carl Icahn on the board of American International Group Inc., will not seek re-election to the post at the insurer’s annual meeting in May, the company said in a filing on Wednesday. Merksamer, who has …
Billionaire investor Carl Icahn is backing off his demand to break up insurance giant American International Group Inc., following the company’s sale of assets and hiring of a new chief executive officer, a person familiar with the matter said. Icahn, …
American International Group Inc.’s decision to remove Peter Hancock as its chief executive was to avoid a proxy battle with billionaire activist investor Carl Icahn, the Wall Street Journal reported, citing people familiar with the matter. AIG said last week …
American International Group Inc.’s assurances of underwriting progress are drawing increased skepticism from Wall Street analysts after another disappointing quarter. Results from international commercial coverage and the American consumer business were short of estimates, “and this isn’t the first time …
