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American International Group (AIG)

74.15
-1.27 (-1.68%)

American International Group is a leading global insurance organization that provides a wide range of property and casualty insurance, life insurance, and retirement solutions

The company serves both individual and institutional clients, offering products that help manage risk and provide financial security. AIG operates in multiple markets worldwide, delivering innovative insurance solutions and services, including commercial and personal lines, accident and health insurance, and various financial products designed to meet the diverse needs of its customers. Through its extensive network and expertise, AIG aims to maintain resilience against evolving risks in an ever-changing global landscape.

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AIG Announces Expanded Global Leadership Role for Jon Hancock
American International Group, Inc. (NYSEAIG) today announced that effective immediately Jon Hancock will take on additional responsibilities as it organizes its business into three distinct segments:
AIG to Report Fourth Quarter and Full Year 2024 Financial Results on February 11, 2025 and Host Conference Call on February 12, 2025
American International Group, Inc. (NYSEAIG) will report financial results for the fourth quarter and full year ended December 31, 2024, after the market closes on Tuesday, February 11, 2025. AIG’s press release and financial supplement will be available in the Investors section of AIG’s website at https://www.aig.com.
AIG Appoints Christopher Flatt Global Chief Underwriting Officer
American International Group, Inc. (NYSEAIG) today announced that Christopher Flatt, currently Head of AIG North America Alternative Channels, has been named Global Chief Underwriting Officer, effective immediately. Mr. Flatt will report directly to Peter Zaffino, Chairman & Chief Executive Officer, AIG and join the company’s Executive Leadership Team.
Private Client Select Appoints Ross Bowie as Chief Executive Officer
Private Client Select Insurance Services LLC (PCS), a leading independent Managing General Underwriter that is majority owned by Stone Point Capital LLC and American International Group, Inc. (NYSEAIG), today announced that Ross Bowie has been appointed Chief Executive Officer, effective immediately.
AIG Leads Launch of Syndicate 2478 at Lloyd’s Through Multi-Year Blackstone Strategic Relationship
American International Group, Inc. (NYSEAIG) today announced that it has led the launch of a new reinsurance syndicate at Lloyd’s. Syndicate 2478 will commence underwriting from January 1, 2025, and will be a multi-year participant on AIG’s outwards reinsurance program.
By American International Group, Inc. · Via Business Wire · December 13, 2024
AIG Announces Results and Upsizing of Its Tender Offers for Certain Outstanding Notes
American International Group, Inc. (NYSEAIG) today announced the results of its previously announced 12 separate offers (the “Offers”) to purchase for cash the notes of the series listed in the table below (collectively, the “Notes”) and that it has amended the Offers by increasing the applicable Maximum Purchase Consideration from $750 million to $1.16 billion. The Offers were made pursuant to AIG’s Offer to Purchase, dated December 6, 2024 (the “Offer to Purchase”), which sets forth a more comprehensive description of the terms and conditions of each Offer, and the accompanying notice of guaranteed delivery (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Tender Offer Documents”). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.
By American International Group, Inc. · Via Business Wire · December 13, 2024
AIG Announces Reference Yields and Total Consideration for its Tender Offers for Certain Outstanding Notes
American International Group, Inc. (NYSEAIG) today announced the pricing terms for each series of the Notes included in its previously announced tender offers (the “Offers”) to purchase outstanding notes of the series listed in the table below (collectively, the “Notes”) for cash up to a maximum $750 million aggregate amount of Total Consideration (as defined below), excluding the Accrued Coupon Payment (as defined below). The Offers are being made pursuant to AIG’s Offer to Purchase, dated December 6, 2024 (the “Offer to Purchase”), which sets forth a more comprehensive description of the terms and conditions of each Offer, and the accompanying notice of guaranteed delivery (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Tender Offer Documents”). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.
By American International Group, Inc. · Via Business Wire · December 12, 2024
AIG Closes Sale of 21.6% Ownership Stake of Corebridge to Nippon Life
American International Group, Inc. (NYSEAIG) today announced that is has successfully closed the previously announced sale of approximately 120 million shares of its Corebridge Financial, Inc. (“Corebridge”) common stock to Nippon Life Insurance Company for $31.47 per share, for an aggregate purchase price of $3.8 billion.
AIG Announces Cash Tender Offers for Certain Outstanding Notes
American International Group, Inc. (NYSEAIG) today announced that it has commenced 12 separate offers (each, an “Offer” and collectively, the “Offers”) to purchase outstanding notes of the series listed in the table below (collectively, the “Notes”) for cash up to a maximum $750 million aggregate amount of Total Consideration (as defined below), excluding the Accrued Coupon Payment (as defined below). The series of Notes that are purchased in the Offers will be based on the acceptance priority levels (each, an “Acceptance Priority Level”) set forth in the table below, except where acceptance of a series of Notes would cause the Maximum Purchase Condition (as defined below) to be violated, in which case, the Non-Covered Notes (as defined below) with a higher Acceptance Priority Level may not be accepted for purchase and a series of Notes with a lower Acceptance Priority Level may be accepted for purchase as described below. If a given series of Notes is accepted for purchase pursuant to the Offers, all Notes of that series that are validly tendered will be accepted for purchase. No series of Notes will be subject to proration pursuant to the Offers.
AIG Closes Sale of its Global Personal Travel Insurance and Assistance Business including Travel Guard® to Zurich
American International Group, Inc. (NYSEAIG) today announced that it successfully closed the previously announced sale of its global individual personal travel insurance and assistance business, including Travel Guard, to Zurich Insurance Group on December 2, 2024.
AIG Appoints Christopher Schaper Chief Risk Officer
American International Group, Inc. (NYSEAIG) today announced that Christopher Schaper has been appointed Chief Risk Officer of AIG, effective immediately. Mr. Schaper will continue to report to Peter Zaffino, AIG Chairman & Chief Executive Officer and will continue to serve on AIG’s Executive Leadership Team.
By American International Group, Inc. · Via Business Wire · November 12, 2024
Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIG
Corebridge Financial, Inc. (NYSECRBG) today announced that the previously announced secondary offering by American International Group, Inc. NYSE: AIGNYSEAIG)
By Corebridge Financial · Via Business Wire · November 7, 2024
AIG Elects Courtney Leimkuhler to its Board of Directors
American International Group, Inc. (NYSEAIG) today announced that Courtney Leimkuhler, co-founder and Managing Partner of the venture fund, Springbank, has been elected to its Board of Directors as an independent Director, effective November 5, 2024.
Corebridge Financial Announces Launch of Secondary Offering of Common Stock by AIG
Corebridge Financial, Inc. (NYSECRBG) today announced the launch of a secondary offering of its common stock by American International Group, Inc. NYSE: AIGNYSEAIG)
By Corebridge Financial · Via Business Wire · November 7, 2024
AIG Reports Excellent Third Quarter 2024 Results
American International Group, Inc. (NYSEAIG) today reported financial results for the third quarter ended September 30, 2024.
American Inheritance Group Reunites Families with Millions in Lost and Dormant Assets
AUSTIN, TX - October 30, 2024 - In an era where unclaimed assets total billions of dollars nationwide, American Inheritance Group (AIG) is making headlines by reuniting individuals with their long-lost inheritances and forgotten wealth. Led by President Ana Castillo, a licensed private investigator with over a decade of experience, AIG has successfully recovered tens of millions of dollars for unsuspecting heirs across the nation.
Via Get News · October 30, 2024
AIG to Expand Its Atlanta Footprint with New Innovation Hub and More Than 600 Additional Local Jobs
American International Group, Inc. (NYSEAIG) today announced plans to consolidate and expand its Atlanta-area footprint with the relocation of its Alpharetta and Buckhead operations to a new innovation hub at 2002 Summit Boulevard Northeast in Brookhaven, Georgia. The Company is designing a collaborative workspace that will accommodate current employees and more than 600 new local hires.
AIG to Redeem Zero Coupon Callable Notes Due 2047
American International Group, Inc. (NYSEAIG) today announced that it will redeem all of its outstanding Zero Coupon Callable Notes Due 2047 (Common Code 168419864 / ISIN XS1684198648) (the “Notes”) on November 22, 2024 (the “Redemption Date”). On the Redemption Date, AIG will pay to the registered holders of the Notes a redemption price equal to 135.631% of the face amount of the Notes outstanding on such Redemption Date. As of October 21, 2024, $400,000,000 face amount of the Notes was outstanding.
EclecticIQ Welcomes Cybersecurity Veteran Rich Wickersham to its Supervisory Board
The Renowned Cybersecurity Expert Joins to Help Strategic Growth and AI IntegrationAMSTERDAM - Oct. 10, 2024 - PRLog -- EclecticIQ, a global provider of threat intelligence technology and services, is pleased to announce the appointment of Rich Wickersham to its Supervisory Board. Wickersham is a seasoned cybersecurity expert and thought leader, bringing over 20 years of experience to support EclecticIQ's strategic growth. His appointment is particularly significant in this highly transitional year for EclecticIQ's products, including the release of its AI-embedded threat intelligence platform.Wickersham's expertise spans enterprise security architecture design, engineering, and advanced threat detection and mitigation strategies. He has held executive roles, including his current position as the Head of Infrastructure Resiliency at a Fortune 500 company, and previously served in senior security positions at Voya Financial and AIG. He has a proven track record of influencing business decisions around product and integrating security as a business enabler. Wickersham has also held advisory roles as a cyber security expert, served on multiple boards, and regularly speaks at global cyber security conferences."Rich brings a deep understanding of technology and decades of security strategy leadership, which will be invaluable as we continue to enhance our offering. Paired with a passion for intelligence and global perspective, he is an ideal addition to our Supervisory Board."Cody Barrow, CEO EclecticIQ"I'm excited to join EclecticIQ's Supervisory Board, particularly at such a pivotal time for the product. The company's strong leadership team, commitment to innovation, and laser focus on execution are primed to drive real market impact."Rich Wickersham, Supervisory DirectorEclecticIQ's Supervisory Board now consists of six members: Sara McMunn (Chairwoman), Maarten Derks, François Lavaste, Frank Lansink, and Rich Wickersham.--About EclecticIQEclecticIQ is a global provider of threat intelligence technology and services.The most targeted organizations in the world – including governments and large enterprises – use our platform to automate intelligence management at scale and accelerate collaboration across security teams.With our open and extensible cyber security platform and ecosystem, they are able to stay ahead of rapidly evolving threats and outmaneuver adversaries by embedding Intelligence at the core™ of their cyber defenses.Founded in 2014, EclecticIQ is a leading European cybersecurity vendor operating worldwide with teams across Europe, the UK, and North America, and via value-add partners.More info: www.eclecticiq.comPhotos: (Click photo to enlarge) Source: EclecticIQRead Full Story - EclecticIQ Welcomes Cybersecurity Veteran Rich Wickersham to its Supervisory Board | More news from this sourcePress release distribution by PRLog
Via PRLog · October 10, 2024
AIG to Report Third Quarter 2024 Financial Results on November 4, 2024, and Host Conference Call on November 5, 2024
American International Group, Inc. (NYSEAIG) will report financial results for the third quarter ended September 30, 2024, after the market closes on Monday, November 4, 2024. AIG’s press release and financial supplement will be available in the Investors section of AIG’s website at https://www.aig.com.
AIG Appoints Keith Walsh Executive Vice President, Chief Financial Officer
American International Group, Inc. (NYSEAIG) today announced that Keith Walsh will join the company as Executive Vice President, Chief Financial Officer, effective October 21, 2024. Mr. Walsh will report to AIG Chairman & Chief Executive Officer, Peter Zaffino and become a member of the Executive Leadership Team. He will be responsible for leading AIG’s global Finance organization and will be based in New York.
By American International Group, Inc. · Via Business Wire · September 18, 2024
AIG (AIG) Now Trading on LBank Exchange with 781% Price Surge
Road Town, British Virgin Islands--(Newsfile Corp. - September 6, 2024) - In a major development for cryptocurrency enthusiasts, LBank Exchange,...
Via Newsfile · September 6, 2024
AIG to Redeem Series A-3 Junior Subordinated Debentures
American International Group, Inc. (NYSEAIG) today announced that it will redeem all of its outstanding Series A-3 Junior Subordinated Debentures (Common Code 026874BG1 / ISIN XS0291642154) (the “Debentures”) on September 16, 2024 (the “Redemption Date”). On the Redemption Date, AIG will pay to the registered holders of the Debentures a redemption price equal to 100% of the principal amount of the Debentures, plus accrued and unpaid interest to, but not including, the Redemption Date. As of September 3, 2024, €41,550,000 aggregate principal amount of the Debentures were outstanding.
By American International Group, Inc. · Via Business Wire · September 3, 2024
AIG to Participate in the 2024 KBW Insurance Conference
American International Group, Inc. (NYSEAIG) today announced that Peter Zaffino, AIG Chairman & Chief Executive Officer, will participate in a fireside chat at the 2024 KBW Insurance Conference on Wednesday, September 4, 2024, at 4:20 p.m. ET.
3 Must-Watch Stocks After a Bullish Goldman Sachs Recommendation
Three stocks stand out for investors after they fit the Goldman Sachs analyst recommended criteria of stock picking in today's market environment
Via MarketBeat · August 12, 2024