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In June 2022, Dandridge tendered his resignation from Boeing due to personal issues requiring his full attention. [ 7 ] In October 2023, Dandridge re-joined AIG to lead the global teams responsible for shaping the firm’s corporate reputation, overseeing brand, marketing, external and internal communications.
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The group's principal office is in Karachi and it has branch offices in Lahore, Islamabad, Faisalabad and Sialkot. AIG has been selling automobile insurance in Pakistan since 1949. In March 2010, New Hampshire Insurance became the first company in Pakistan to offer terrorism insurance, in collaboration with Allied Bank Ltd. [5]
The market value of the 79.9% of AIG common stock the government acquired on the day the government agreed to loan AIG up to $85 billion was $55.4 billion. By the end of 2012, AIG had repaid all of its loans and the government had made a $17.7 billion profit on the AIG equity it had acquired as a result, plus $6.7 billion in interests and fees ...
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In August 2014, Fato became executive vice president and general counsel of McGraw Hill Financial, whose brands included Standard & Poor's (S&P). [ 15 ] [ 6 ] At the time, S&P was dealing with several high-profile government lawsuits concerning its ratings of mortgage-backed securities prior to the financial crisis of 2007–2008 . [ 16 ]
Sullivan's severance package payments were withheld by AIG after the then Attorney General of New York, Andrew Cuomo, raised issues. [7] According to USA Today, "AIG CEO Martin Sullivan received $25.4 million in non severance related compensation between 2005 and 2007, including $322,000 for private use of corporate aircraft, $153,000 for car and parking, $160,000 for home security and $41,000 ...