FT.com / Companies / Insurance - AIG sells Swiss private ... - AIG on Monday announced that it had sold its Swiss-based private bank to an investor group from Abu Dhabi, its first significant disposal since it was taken over by the ...
In a regulatory filing on Wednesday, the insurance group disclosed that Jay Wintrob, an executive vice-president, had put off receiving the first installment of his $3m retention bonus from December to April 2009. ...
On the reinsurance side, capital fell only 8.2 percent in the same period for a group of reinsurers that had $360 billion in capital as of fourth-quarter 2007. But while some large companies, like Berkshire-Hathaway, had no capital ...
New York: Troubled insurance giant American International Group's (AIG) CEO Edward M Liddy's annual salary is just one dollar in 2008 and 2009. The company also decided not to give any annual bonuses or pay hikes for its ...
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. ...
Currently, the states' insurance commissioners oversee AIG's insurance companies, none of which were not the cause of company's problems., However, Paulson has made no secret of his belief that the group should be federally controlled. ...
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 ...
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. ( ...
Equity Red Star is the biggest motor and personal lines syndicate at Lloyd’s, offering insurance cover for fleets, haulage, special risks, vans, motorcycles, minibuses, coaches, agricultural vehicles and personal accidents. ...
German reinsurer Munich Re has expressed its interest to acquire some of the Asian life insurance businesses that American International Group may sell in order to repay the rescue loan provided by the US government.
