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In March 2003 American General merged with Old Line Life Insurance Company. [37] In the early 2000s, AIG made significant investments in Russia as the country recovered from the 1998 Russian financial crisis. In July 2003, Maurice Greenberg met with Putin to discuss AIG's investments and improving U.S.-Russia economic ties, in anticipation of ...
In 1953, American General hired life insurance veteran Benjamin N. Woodson as president. Woodson previously served at Mutual Trust Life Insurance Company, the National Association of Life Underwriters, and various other roles. Woodson would eventually succeed Wortham as CEO of the company in 1972 where he remained until retiring in 1978. [7]
In the mid-1960s, the company was sold to the American General Insurance Company of Texas, but its operations remained largely unchanged until the early 1980s. In 1968 the former Knights Life Insurance Company of Pittsburgh, Pennsylvania (then a part of American General Insurance) had its operations transferred from Pittsburgh to Nashville.
A.M. Best Revises ICR Outlook to Positive for American International Group, Inc.'s Domestic Life/Health Subsidiaries OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has revised the issuer credit ...
In December 2015, the company sold Genworth Lifestyle Protection Insurance to Axa for €465 million. [32] In January 2016, Protective Life acquired parts of the company for $661 million. [33] [34] In February 2016, the company suspended sales of annuities and life insurance, putting the existing books of business into runoff. [35] [36]
Retrieved from "https://en.wikipedia.org/w/index.php?title=American_General_Life_Insurance_Company&oldid=455649295"
AIG/Corebridge Financial: AIG life insurance, now Corebridge Financial, offers a no-exam simplified issue life insurance option underwritten primarily by the American General Life Insurance Company.
The General is a licensed insurance agency that is a subsidiary of Sentry Insurance that focuses on auto insurance. In 2012, the company was acquired by American Family Insurance; The General brand remained as a separate brand. [1] In 2024 Sentry Insurance announced that it would acquire The General from American Family Insurance for $1.7 ...