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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.
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 ...
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. [6] As of 2023, AIG employed 25,200 people. [2] The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary.
Zaffino, 53, who succeeds 73-year-old Brian Duperreault, will take charge in March. Zaffino will be AIG's seventh CEO since 2005. The life and retirement business accounted for 34% of AIG's $49 ...
NEW YORK (Reuters) -American International Group INC has decided to use an IPO to sell a 19.9% stake in its life and retirement business, Chief Executive Officer Peter Zaffino said on Friday ...
BlackRock will manage certain liquid fixed income and private placement assets according to the deal, which comes less than a year after AIG announced plans to use an initial public offering (IPO ...
AIG Financial Products Corporation (AIGFP) is a subsidiary of the American International Group, headquartered in New York, New York, with major operations in London. The collapse of AIG Financial Products, headquartered in Wilton, Connecticut , is considered to have played a pivotal role in the global financial crisis of 2008–2009 .
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 ...