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Established in 2016, FSRA officially succeeded its predecessor agencies – the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario – on June 8, 2019. [1] The Financial Services Regulatory Authority of Ontario operates at arms-length from the Government of Ontario , and reports to the Legislative Assembly ...
AIG owns 19.8% of People's Insurance Company of China (PICC) through direct and indirect holdings. PICC P&C [clarification needed] is China's largest insurer of casualty insurance. [citation needed] AIG owns a controlling share pack of Beijing Panam International Aviation Academy or BPIAA. BPIAA was established in 2004 as the largest privately ...
AIG's corporate headquarters are in New York City and the company also has offices around the world. AIG serves 87% of the Fortune Global 500 and 83% of the Forbes 2000. [11] AIG was ranked 60th on the 2018 Fortune 500 list. [12] According to the 2016 Forbes Global 2000 list, AIG is the 87th largest public company in the world. [13]
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AIG Name Returns to Canada; AIG Canada Launches New Website at www.aig.ca TORONTO--(BUSINESS WIRE)-- American International Group, Inc. (NYS: AIG) announced today that effective July 1, 2013, the ...
The Ministry of Finance is a ministry of the Government of Ontario responsible for managing the province's fiscal policy, developing the provincial budget, and financial sector regulation. The minister of finance – called the treasurer before 1993 – leads the ministry and is responsible to the Legislative Assembly of Ontario.
The Bond Dealers Section of the Toronto Board of Trade was formed in 1916 as a trade organization to coordinate financing of Canada's war effort. It was renamed the Investment Dealers Association of Canada in 1934. Throughout most of its history, the IDA serve both as a regulator and as an advocacy organization for the securities dealers.
Due to the Financial crisis of 2007–2008, AIG underwent significant financial difficulty and was close to bankruptcy resulting in the US government needing to spend $182 billion to bailouts. [3] [4] [9] As a result, AIG needed to sell off many of its assets to repay the government bailout.