All the headlines from our AIG Topic Page, ordered by recency.
Sep 17 2001 // As far as the United States is concerned, any final agreement to admit China into the World Trade Organization depends on whether the country honors its bilateral market access commitments on insurance. According to...
Sep 17 2001 // Once upon a time in a country far, far away, a few visionaries (and yes, a few con artists) laid the foundations of the multi-billion dollar motion picture industry. It required taking considerable risks, and still does....
Sep 14 2001 // AIG CEO Maurice “Hank” Greenberg followed up his statement on Wednesday in which he said that “These attacks are an enormous human and national tragedy,” with the reassurance that “We remain...
Sep 11 2001 // No sooner had Hyundai’s management accepted the share price demands of the American International Group/W.L. Ross investors to acquire Hyundai Securities, and two other financial subsidiaries (See IJ Website Sept....
Sep 10 2001 // The long delayed deal between Korea’s Hyundai Securities and an investment consortium headed by American International Group and W.L. Ross & Co. (See IJ Website Aug. 24 and Sept. 4) now looks set to proceed as...
Sep 10 2001 // Once upon a time in a country far, far away, a few visionaries (and, yes, a few con artists) laid the foundations of the multi-billion- dollar motion picture industry. It required taking considerable risks then, and it...
Sep 7 2001 // If all goes according to plan in Geneva China’s bid to join the World Trade Organization will be officially accepted next Thursday, September 13th, after 14 years of negotiations. Taiwan is scheduled for admission...
Sep 6 2001 // American International Group Inc. (AIG) announced net job reductions totaling approximately 1,500 over the next 12 to 18 months. The staff cuts result from the integration of American General Corporation as a wholly owned...
Sep 5 2001 // An article in today’s edition of The Asian Wall Street Journal indicates that Chinese regulators are pressuring American International Group to sell part of its lucrative life insurance subsidiary to bring its...
Sep 4 2001 // A report in London’s Financial Times says that the AIG Group of investors and the management of Hyundai Securities are near to a compromise aimed at breaking the impasse which has held up AIG’s acquisition of...
Aug 30 2001 // While reports continue to come in that the investment group headed by American International Group and WL Ross are still talking with Hyundai Securities and Hyundai Merchant Marine, the Korean broker’s largest...
Aug 30 2001 // American International Group, Inc. (AIG) announced today the closing of its acquisition of American General Corporation (American General). Based on the closing date of Aug. 29, American General shareholders will receive...
Aug 24 2001 // One might begin to consider AIG’s deal to acquire three Hyundai financial units as as a perfect example of Yogi Berra’s famous line that “it’s never over ’til it’s over.” No sooner...
Aug 23 2001 // After months of delays, an investment consortium led by American International Group and merchant bank WL Ross & Co. announced agreement with Hyundai and the Korean government to take over three of the Group’s...
Aug 13 2001 // In the short term, it’s extremely difficult to predict whether a stock will go up or down. The many factors involved are open to widely varied interpretations. Trends in a given sector can be spotted over time, but...
Aug 6 2001 // It’s extremely difficult to predict whether a stock will go up or down-more so in the sort term. Too many factors involved, which are open to widely varied interpretations. Trends in a given sector can be spotted...
Jul 30 2001 // American International Group Inc. (AIG) reported that its income excluding net realized capital gains (losses) increased 15.8 percent to $1.66 billion in the second quarter and, also excluding the first quarter cumulative...
Jul 26 2001 // The Wakefield, Mass.-based ASP Industry Consortium announced the availability of a new insurance program designed specifically for application service providers (ASPs). The program, developed in conjunction with...
Jul 25 2001 // An administrative law judge found in favor of American International Group, Inc. (AIG) subsidiary American International Insurance Company of New Jersey (AIIC), on eight of ten issues in a dispute with the New Jersey...
Jul 20 2001 // A California Court of Appeal has ruled that a suit against CIGNA Corp. and its former subsidiary, Insurance Company of North America (INA) — charging both companies with illegal conduct and fraud — could...