American International Group (AIG) is reportedly believed to file a lawsuit against Morgan Stanley over $3.7bn mortgage-backed securities. The announcement was made in the Morgan Stanley's 10-Q filing with the US Securities and Exchange ...
Tags: AIG, Mortgage-Backed Securities
In response to the growing financial impact and frequency of product recalls for food and beverage manufacturers, distributors and importers in the U.S. and Europe, American International Group (AIG) today launched NOVI, a web-based service ...
American International Group (AIG) has rolled out Launch Plus 10, a new product that provides risk coverage for satellite owners and operators for the first 10-years of their satellite’s in-orbit operation. The new product will be ...
American International Group (AIG) has agreed to terminate an interest rate swap agreement with Brookfield Asset Management in exchange for a payment of $905m. The agreement was part of the remaining derivatives portfolio of AIG Financial ...
Tags: Brookfield, AIG
Property and casualty insurance provider American International Group (AIG) has named Kevin Hogan as new CEO of AIG Global Consumer Insurance, effective October 2013. Hogan, who earlier served the company for 24 years, will report to ...
Tags: Consumer Insurance
American International Group (AIG) has reported net income attributable to the company of $2.7bn, or $1.84 per share, for the quarter of 2013, up by 17% compared to $2.3bn, or $1.33 per share during the corresponding period earlier year. ...
AIG's American General Life Companies has unveiled its new lifestyle income rider, which can be issued with AG secure lifetime guaranteed universal life insurance (GUL) policies. The lifestyle income solution on AG Secure Lifetime GUL is ...
American International Group (AIG) and People’s Insurance Company (Group) of China (PICC) and PICC Life Insurance have signed a joint venture (JV) agreement to set up an agency distribution company in China. The US insurer invested ...
American International Group (AIG) has introduced CyberEdge mobile application for iPads, intended to provide improved information on cyber risk and assist in dealing with the same. The new application has been designed following a survey ...
Tags: Cyberedge Mobile Application, AIG
American International Group (AIG) has reported net income attributable to the company of $2.2bn and after-tax operating income of $2bn for the first quarter of 2013, compared to $3.2bn and $3bn, respectively during the same period last ...
American International Group (AIG) has seelcted Castor Aerospace as its new distribution channel for space-related insurance solutions including traditional satellite launch and in-orbit coverages. Satellite operators, manufacturers, ...
American International Group (AIG) has introduced its new risk financing solution, Collateral Flex Option (CFO), for firms with large deductible casualty insurance programs in the US. The new technology offers a flexible option for firms ...
Tags: risk financing solution, liability insurance, insurance
Open GI has appointed Nick Yost as the new head of Insurer Relations team, and will be responsible for driving strategy and growth opportunities from both existing and new Open GI insurer partners. Prior to joining Open GI, Yost served ...
Tags: insurer relations, insurer, GI insurer
American International Group (AIG) has set up a new business unit, known as Connective Mortgage Advisory, with an aim to identify and purchase residential mortgages for investments. Leveraging AIG's investment expertise and the experience ...
Tags: AIG, loan-servicing component, insurer
American International Group (AIG) has introduced a new product under its NextGen Protection family to address requirements of transportation and logistics industry. Dubbed PLL Transportation and Logistics Protect, the newly released ...
Tags: AIG, new product, NextGen Protection family