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 ...

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 ...

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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. ( ...

However, AIG has said it plans to retain its U.S. property and casualty and foreign general insurance businesses, and plans to retain an ownership interest in its foreign life insurance operations. ...

AIG is likely to sell its life insurance operations in the US, Europe, Latin America and Japan. YOUR OPINION... Comment on this Article. NEWSLETTER SUBSCRIPTIONS. Sign up to our weekly newsletters for the latest industry news & comment. ...

While HSBC have said they have no plans to rush and buy up assets, Hutson believes that buying the Asia life business of AIG is a feasible measure to achieve its target insurance contribution of 20 percent. Hutson believes that HSBC has ...

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 ...

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. ...