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. ( ...
Five Tips on spelling over the Auto Insurance Contract Firstly of all, to understand insurance... Auto Industry (production reduction and layoffs) Italy Fiat would drop 20% of Car Sales Volume in next year Sweden Volvo Truck. ...
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 ...
NCOIL's take on AIG and HR5840. September 19, 2008 | posted by Doug Heller. The National Conference of Insurance Legislators wrote to Speaker Pelosi about HR 5840 today. Here's the news release:. For Immediate Release ...
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 ...
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. ...
The pressure has become more serious to cut salaries of top auto execs when CEO of American International Group (AIG), the insurance company that has received billions of dollars of bailout money already, cut his salary to $1. ...
American International Group, as part of the firm’s move to liquidate assets, will cut 6.6 percent of the workforce at its AIG Direct auto insurance unit and change the outlet’s name back to 21st Century Insurance, a spokesperson said. ...