split AIG News

John Paulson, the billionaire whose proposal to split American International Group Inc. into three companies was rebuffed by Chief Executive Officer Peter Hancock, would also support an alternative plan for the insurer to sell units, according to people familiar with …

Moody’s Investor Service today said that a break-up of American International Group (AIG) and removal of its systemically important financial institution (SIFI) designation as called for by activist investors would have a negative effect on the insurer’s debt. Splitting the …