American International Group, Inc.
News and overview for American International Group, Inc.
NYPPEX Report: Net Liquidity for Capital Calls Varies Widely Among Insurance Companies [Press Release]
Business Wire | 4 days 6 hours 46 minutes ago
NYPPEX, a leading global secondary private market advisory, trading and research firm for illiquid assets released to customers its report Net Liquidity for Capital Calls Varies Widely Among Insurance Companies (the “Report”).
PineBridge Investments Introduces New Name in Transition to Independent Asset Management Company [Press Release]
Business Wire | 3 days 21 hours 3 minutes ago
PineBridge Investments (“PineBridge”) is the new brand name of the asset management and investment advisory business that is being sold by American International Group, Inc. (AIG). The new name was officially announced today. The rebranding marks the beginning of a new era for the firm as it transitions into an independent business.
AIG Reports Third Quarter 2009 Results [Press Release]
Business Wire | 17 days 17 hours 55 minutes ago
American International Group, Inc. (AIG) today reported a profit in the third quarter of 2009, as certain of its businesses continue to stabilize and the company’s results reflected positive market valuation changes.
AIG to Report Third Quarter 2009 Results on November 6, 2009 [Press Release]
Business Wire | 21 days 8 hours 51 minutes ago
American International Group, Inc. (AIG) will report its third quarter 2009 results before the market opens on Friday, November 6, 2009. AIG’s Quarterly Report on Form 10-Q, earnings release and financial supplement will be available in the Investor Information section of www.aig.com after the results are reported.
AIG Enters into Agreement to Sell Nan Shan to Consortium Led by Primus Financial [Press Release]
Business Wire | 42 days 3 hours 33 minutes ago
American International Group, Inc. (AIG) today announced an agreement to sell its 97.57% share of Nan Shan Life Insurance Company, Ltd. (Nan Shan) to a consortium comprising Primus Financial Holdings Limited, the Hong Kong-based financial services firm, and China Strategic Holdings Limited, the Hong Kong Stock Exchange-listed investment company, for approximately US$2.15 billion.
American General Life Companies Reprices AG Select-a-TermSM [Press Release]
Business Wire | 6 days 13 hours 52 minutes ago
American General Life Companies (American General) announced today that it has repriced AG Select-a-Term, issued by American General Life Insurance Company and The United States Life Insurance Company in The City of New York. Overall, rates decreased and the policy fee was lowered to $64. This term life insurance product offers guaranteed level premiums for 17 term durations: 10-year and 15- through 30-year durations.
Critical Alerts for AIG, Palm, Yum! Brands, Netease.com, and Jones Apparel Released by Seven Summits Research [Press Release]
PRNewswire | 18 days 9 hours 32 minutes ago
...PriceWatch Alerts cover the following stocks: American International Group, Inc. , Palm, Inc. , Yum! Brands, Inc. , Netease.com Inc. , and Jones Apparel Group, Inc. . In today's unsure markets these...
PMSI Holdings Corporation Purchases Rights Under the Ronald A. Katz Technology Licensing, L.P. Patents [Press Release]
Business Wire | 24 days 19 hours 3 minutes ago
Ronald A. Katz Technology Licensing, L.P. announced today that PMSI Holdings Corporation, one of the world's largest pharmaceutical services companies serving the United States with headquarters in Tampa, FL, has entered into an agreement to purchase rights under the patent portfolio held by Ronald A. Katz Technology Licensing, L.P. and licensed through its affiliate, A2D, L.P.
PicksThatMove.com Announces Investment Opinion on American International Group Inc., JA Solar Holdings Company Ltd., Sinovac Biotech Ltd., Fresh Harvest Products Inc. and Royal Bank of Canada [Press Release]
Business Wire | 13 days 11 hours 24 minutes ago
PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at www.picksthatmove.com.
Reportlinker Adds Life Insurance - Global Group of Eight (G8) Industry Guide Report [Press Release]
Business Wire | 40 days 20 hours 18 minutes ago
Reportlinker.com announces that a new market research report is available in its catalogue.
Fitch Downgrades 4 Classes of Commodore CDO II, Ltd./Corp. [Press Release]
Business Wire | 7 days 9 hours 27 minutes ago
Fitch Ratings has downgraded four classes and affirmed one class of notes issued by Commodore CDO II, Ltd./Corp. (Commodore II) as a result of continued credit deterioration in the portfolio since Fitch's last rating action in August 2008. Approximately 57.4% of the portfolio has been downgraded since the last review. The details of the rating action follow at the end of this press release.
Reportlinker Adds Non-life Insurance - Global Group of Eight (G8) Industry Guide Report [Press Release]
Business Wire | 40 days 20 hours 2 minutes ago
...Table 99: Key Facts: American International Group, Inc. 188 Table 100: Key Financials: American International Group, Inc. 193 Table 101: Key Facts...Revenues & Profitability: American International Group, Inc. 193 Figure 100: Revenues...
PicksThatMove.com Announces Investment Opinion on Q, WTM, AIG, LFGB and QAU [Press Release]
Business Wire | 26 days 9 hours 37 minutes ago
PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at www.picksthatmove.com.
Research and Markets: Motor Insurance in China - Essential Resource for Top-Level Data and Analysis [Press Release]
Business Wire | 22 days 3 hours 3 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/c4588d/motor_insurance_in) has announced the addition of the "Motor Insurance in China" report to their offering.
A.M. Best Removes From Under Review and Affirms Ratings of BMO Life Assurance Company; Assigns Stable Outlook [Press Release]
Business Wire | 24 days 13 hours 26 minutes ago
A.M. Best Co. has removed from under review with developing implications and affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of BMO Life Assurance Company (BMOLAC) (Toronto, ON). The assigned outlook for both ratings is stable.
Company Overview
| Company: | American International Group, Inc. |
|---|---|
| Industry: | Property & Casualty Insurance |
| Website: | http://www.aigcorporate.com |
Even to this day American International Group (AIG) is one of the world's largest insurance firms. While it remains in the spotlight for staggering losses and government bailouts, the company's subsidiaries are still providing insurance. AIG is a leading US provider of property/casualty and specialty insurance to commercial, institutional, and individual customers. Internationally, the company provides reinsurance, life insurance and retirement services, asset management, and financial services (including financing commercial aircraft leasing) in more than 120 countries. The US government holds more than 80% of the company, and its future remains in a state of flux.
Key Numbers
| Sales in U.S. Dollars (mil.) | 11,104 (2008) |
|---|---|
| One-year % Growth in Sales | -89.9 (2008) |
| Net Income in U.S. Dollars (mil.) | -99,289 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 116,000 (2008) |
| One-year % Growth in Number of Employees | 0.0 (2008) |
| Fiscal Year-End | December |
