All the headlines from our AIG Topic Page, ordered by recency.
Oct 2 2000 // American International Group President and Chief Operating Officer Evan G. Greenberg resigned Sept. 19 from the company “to pursue other interests.” The reason for Evan Greenberg’s departure was not made...
Sep 19 2000 // AIG Chairman M.R. Greenberg said, “We wish Evan the very best in his future endeavors.” The reason for Evan Greenberg’s departure was not made immediately available.
Sep 4 2000 // American International Group Inc. and HSB Group, Inc. have entered into a definitive agreement whereby AIG will acquire 100 percent of the outstanding stock of HSB Group. The total value of the transaction is approximately...
Sep 4 2000 // American International Group Inc. (AIG) announced it made a definitive agreement to acquire HSB Group Inc. for a price of approximately $1.2 billion.“We think that the synergies are terrific, and we look forward to...
Aug 28 2000 // South Korea’s Hyundai Securities is in negotiations to sell a 20 percent stake to American Insurance Group in a deal that could be worth nearly $1 billion for the Korean firm. “The chairman of Hyundai...
Aug 18 2000 // American International Group, Inc. and Hartford Steam Boiler Group, Inc. (HSB) have entered into a definitive agreement whereby AIG will acquire 100 percent of the outstanding stock of HSB Group. HSB stockholders will...
Aug 7 2000 // Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a...
Aug 7 2000 // Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a...
Jul 27 2000 // American International Group member companies have netered into an agreement to offer travel insurance assistance services to Priceline.com airline ticket customers. The travel insurance program is made available to every...
Jul 27 2000 // American International Group’s second-quarter operating profit rose 13 percent to $1.43 billion, matching analysts’ estimates. The New York-based insurer said net profit, including realized investment losses,...
Jul 25 2000 // American International Group has appointed Ian Cormack as chief executive of European operations. The newly created job will involve overseeing AIG’s insurance, financial services and asset management businesses. The...
Jul 24 2000 // Ecoli bacteria in beverages, cyanide in capsules, salmonella contamination in meat, mislabeled products, threats to spread harmful rumors about a product-these and similar hazards create a crisis situation for a company...
Jul 20 2000 // eMind.com, a business-to-business e-learning provider, announced yesterday that it will provide American International Group Inc.(AIG) a customized online learning solution for AIG’s employees. eMind.com will deliver...
Jul 17 2000 // American International Group has purchased a 3 percent stake in Taiwan resistor and capacitor maker Yageo Corp. AIG reportedly bought 32.3 million shares for $50 million. Yageo was reported by Reuters news service as...
Jul 14 2000 // Japan’s Fuji Fire & Marine has agreed with a Japanese subsidiary of American International Group to align in the non-life insurance field. The move could strengthen Fuji’s product development and marketing...
Jul 11 2000 // American International Group has launched the AIG Private Client Group, a division of the American International Companies, to provide customized risk management solutions and services for high net worth individuals. The...
Jun 12 2000 // In his book, “The Lexus and the Olive Tree,” Pulitzer Prize-winning journalist Thomas L. Friedman defines globalization as “the inexorable integration of markets, nation-states and technologies to a...
Jun 7 2000 // New Hampshire Insurance Co., a member of the AIG Group, announced that it would begin offering health care coverage in the U.K. for non-emergency medical procedures under a plan named “Healthnow.” The name is...
Jun 1 2000 // American International Group has realigned its property/casualty insurance operations in order to serve the needs of U.S.-based companies with international operations more effectively and efficiently. The North American...
May 18 2000 // The board of directors of American International Group Inc. declared a three-for-two split of the company’s common stock yesterday in the form of a 50 percent common stock dividend. The dividend is payable on July 28...