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The Holdings of American International Group include the operating entities and subsidiaries of insurance conglomerate American International Group (AIG) that operates in over 130 countries. [1] The company's business consists of four core areas: General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management. [2]
AIG sold its Taiwanese life insurance company Nan Shan Life to a consortium of buyers for $2.16 billion in January 2011. [80] Due to the Q3 2011 net loss widening, on November 3, 2011, AIG shares plunged 49 percent year to date. The insurer's board approved a share buyback of as much as $1 billion. [81]
Blackstone and AIG also entered a long-term asset management agreement for about one quarter of AIG's life and retirement portfolio, set to increase in subsequent years. [14] In September 2023, it was announced Corebridge had sold its subsidiary, the London -headquartered life insurance company AIG Life Limited (AIG Life UK) to the British ...
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit ...
Institutional demand for American International Group's (AIG) $15 billion initial public offering for its Asian life insurance unit AIA is so strong that AIG may close it to institutional buyers ...
Insurance giant American International Group (NYS: AIG) has reached a nonbinding agreement with Chinese insurer PICC Group to establish a joint venture in that country, AIG announced this week.
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