All the headlines from our AIG Topic Page, ordered by recency.
Dec 22 2000 // American International Group has formed a strategic alliance with Pingan Insurance Company of China, that provides for each company to use the other’s sales and service network. AIG will use Pingan’s facilities...
Dec 11 2000 // Nonprofit standards developer ACORD just got a big boost with the addition of international insurance giant American International Group Inc. AIG is the largest underwriter of commercial and industrial insurance in the...
Dec 8 2000 // AIG Ukraine Insurance Co., a wholly owned subsidiary of American International Group has received a triple ‘A’ financial strength rating from Standard & Poor’s following an extensive and voluntary...
Dec 4 2000 // American International Group has taken the No.1 spot in the financial sector in terms of market capitalization with a market value of $217 billion. Its shares have been trading in the $90 to $100 dollar range, and have...
Nov 22 2000 // HSB Group Inc. announced that yesterday the Connecticut State Insurance Department approved the acquisition by American International Group Inc. of The Hartford Steam Boiler Inspection and Insurance Company and The...
Nov 17 2000 // AIG Private Client Group, a division of the American International Companies that provides customized risk management solutions and services for high net worth individuals, established four regional offices with local...
Nov 15 2000 // AIG confirmed that it has purchased a 90 percent interest in Egyptian p/c insurer Pharaonic Insurance Company S.A.E., which writes general insurance and reinsurance coverage in the Egyptian market. The company’s...
Nov 14 2000 // AIG announced that it has formed AIG eBusiness Risk Solutions, a new division within the company, “that will analyze new eCommerce risks and design and deliver insurance solutions for the business-to-business (B2B)...
Nov 2 2000 // In a move which will further strengthen its already powerful position in the Chinese market, American International Group (AIG) announced that it has concluded a broad cooperation agreement with the Bank of China, the...
Nov 1 2000 // American International Group and The Dun & Bradstreet Corp. has agreed to form a joint venture that will offer a suite of products and services to be named Avantrust. The venture will target business-to-business...
Oct 31 2000 // AIG CEO Maurice Greenberg canceled a previously scheduled trip to Seoul, prompting speculation that the $1 billion plus deal announced last July for an AIG led consortium to acquire a 50 percent interest in financially...
Oct 31 2000 // American International Group has reported that its income excluding losses increased 14.6 percent to $4.1 billion in the third quarter and 14.4 percent to $4.21 billion for the first nine months of 2000.Net income for the...
Oct 30 2000 // iwix.net, an Internet specialty insurance marketplace, has signed AIG Worldsource to provide new products on the iwix.net site. AIG Worldsource, located in New York, will provide product recall coverages, which will...
Oct 30 2000 // American International Group Inc. announced that its member companies have entered into a number of strategic alliances to provide insurance products and services to users of leading automotive-related sites including...
Oct 27 2000 // Growth in all sectors propelled the 3rd quarter earnings of American International Group to new highs as it posted an operating profit of $1.41 billion, a 15 percent increase over 1999 figures, meeting analysts...
Oct 27 2000 // American International Group posted a 14.6 percent rise in third-quarter profits Thursday. Meanwhile, the company’s chairman raised the possibility of insurance acquisitions across the world. Net income for the third...
Oct 26 2000 // American International Group’s e-commerce site, aigdirect.com, is now offering a new program called AIGAssist that covers a package of travel insurance and 24-hour assistance services provided by AIG member...
Oct 20 2000 // More trouble was announced this morning for Japan’s life insurance sector with the news that Kyoei Life Insurance, the nation’s 11th largest life insurer, is preparing to file for court protection. With total...
Oct 10 2000 // AIG has reportedly confirmed that it will continue talks with Japan’s Chiyoda Life in an effort to restructure the 96 year old company, following yesterday’s announcement that it was filing for bankruptcy...
Oct 9 2000 // American International Group and Tata Group, one of India’s largest and most successful industrial conglomerates, have joined forces to launch insurance ventures in life insurance and p/c in India. In accordance with...