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The Wall Street Journal reported today that AIG is focusing on stream-lining its business to focus on Property and Casualty insurance (P&C). The struggling Insurance Company is trying to pay down it’s down debt to the US government by ...

Posted by under Auto Insurance. American International Group has announced an agreement to sell AIG Private Bank Ltd., a wholly-owned subsidiary of AIG, to Aabar Investments PJSC, a global investment company based in Abu Dhabi. ...

Posted by under Auto Insurance. Unibanco - União de Bancos Brasileiros S.A. - and American International Group, Inc. announced that they have entered into an agreement to repurchase their crossholdings in Unibanco AIG Seguros S.A. ( ...

Risk Specialists Companies, Inc. (RSC), a subsidiary of AIG Commercial Insurance, today announced it is introducing a Takaful Homeowners Policy, the first installment in Lexington Takaful Solutions sm , a series of Shari’ah-compliant ...

American International Group Inc. (NYSE: AIG) agreed to sell AIG Private Bank Ltd. to Aabar Investments PJSC of Abu Dhabi for 307 million Swiss francs ($254 million), the companies said on Monday. Apple Inc. (NASDAQ: AAPL) -- according ...

Eric Goldberg, of the American Insurance Association, noted that Geico re-entered the New Jersey auto insurance market in 2004 and within two years, while using both education and occupation as underwriting variables, ...

Wang added that he does not have a rating on or an investment stake in any auto manufacturer. Further, while Wang does expect the stock market's plunge from 14000 to about 8500, and its implied wealth destruction, to damper demand for ...

Igal Mayer, chief executive of general insurance at Aviva UK, said the company had chosen to sell RAC Auto Windscreens as part of an ongoing programme to transform its general insurance business. Mayer said Aviva’s focus on core ...

US auto companies can't to stay open for long if workers walk off the job. And, one thing the industry cannot handle is an inability to ship cars. UAW members know they have power. Now, the question is whether they will use it. ...