Search results
Results From The WOW.Com Content Network
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.
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 .
AIG owns International Lease Finance Corporation (ILFC), the world's largest aircraft leasing company, with hundreds of aircraft including the full range of Boeing and Airbus jetliners, as well as the McDonnell Douglas MD-11 and MD-80 Series. Total assets under lease are $55 billion as of June 30, 2008.
AIG Confirms Discussions to Sell a 90 Percent Stake in International Lease Finance Corporation (ILFC) NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYS: AIG) confirmed today that ...
Yahoo Finance 9 hours ago Google stock pops as company unveils new quantum computing chip. Google said that a math equation that would take a classical supercomputer longer than the whole history ...
AIG and the Travelers Companies traded roughly flat, while Mercury General Corp sank nearly 3%. JPMorgan wrote in a note last Thursday that insured losses from the fires so far total $20 billion.
In 2020, AIG announced plans to perform the spin-off with a 2022 IPO. In July 2021, the company announced that Blackstone Group would acquire 9.9% of the new unit for $2.2 billion cash. 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 ...
Joseph J. "Joe" Cassano (born 12 March 1955) is an American insurance executive who was an officer at AIG Financial Products from the division's founding in 1987 until his resignation in February 2008. [1] Cassano is considered a key figure in the financial crisis of 2007–2008. [2]