AIG


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AIG:

see American International GroupAmerican International Group
(AIG), American multinational insurance corporation whose potential bankruptcy in 2008 led to the largest federal bailout of a private company.
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References in periodicals archive ?
Duncan Ellis is slated to take on his new AIG role in late September.
During her career, Greer built AIG as an annuity provider in the United States.
American International Group announced the formation of AIG Re, which consolidates the company's assumed reinsurance operations, including Validus Re, AlphaCat and Talbot Treaty, into one global business.
Police told media that a suicide bomber crashed his motorcycle to AIG Muhammad Ashraf Noor vehicle near Tatara Park of Hayatabad in which AIG Headquarter Mohammad Ashraf Noor and his gunman were martyred.
The program is part of a multi-year deal between AIG and United for AIG Travel to offer its travel insurance plans to United customers.
Related: AIG set to sell mortgage guarantor to Arch for $3.4 billion
Our recent strategy update detailed the next chapter of our transformation into a leaner, more profitable and focused insurer," AIG President and CEO Peter Hancock said in a (http://www.businesswire.com/news/home/20160211006440/en/AIG-Reports-Fourth-Quarter-2015-After-Tax-Operating) statement in February.
In today's letter to clients and brokers, Schimek assured them that "The steps we are taking will reinforce what you have traditionally valued in AIG: the financial strength to be there for the long term, underwriting and claims expertise, innovative solutions for emerging risks, and multinational capabilities."
Benmosche would likely resign from the AIG Board of Directors as of September 1, and will assume an advisory role at AIG, as per which Benmosche will advise the CEO and continue to be involved in AIG's internal leadership development programs, and also mentor and coach AIG managers.
AIG Traffic Punjab Kalb-e-Abbas, AIG Special Branch Punjab Ahmad Raza Tahir and AIG CTD Punjab Aftab Ahmad Cheema and their staff members also performed duties.
The company's property/casualty business in Canada now operates as AIG Insurance Company of Canada ("AIG Canada").
The probe is re-examining the risk management practices at AIGFP that led to AIG's emergency takeover by the Federal Reserve Board in 2008.