AIG cites three milestones

(1) The company has cut the ranks of its top management by more than 20%, (2) announced its intention to sell its broker-dealer AIG Advisor Group, and (3) made an initial public offering of its United Guaranty Corp. mortgage insurance unit in preparation for eventually separating it from the company. Carl Icahn has been too busy going after Bernie Sanders to notice.

Business

AIG to expand its Atlanta footprint

By Coverager ·

AIG is expanding its operations in Atlanta and hiring local talent for various roles across underwriting, claims, operations, data engineering and AI.

Business

AIG appoints Keith Walsh Executive Vice President, Chief Financial Officer

By Coverager ·

Walsh will report to AIG Chairman & Chief Executive Officer, Peter Zaffino.

Financials

Zurich to buy AIG’s personal travel business for $600 million

By Shefi Ben-Hutta ·

Zurich will also acquire AIG Travel's global service centers as part of the deal.

Strategy

AIG completes deconsolidation of Corebridge Financial

By Coverager ·

The deconsolidation is a result of AIG’s decision to waive its right to majority representation on the Corebridge Financial Board of Directors.

AIG cites three milestones

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AIG to expand its Atlanta footprint

AIG appoints Keith Walsh Executive Vice President, Chief Financial Officer

Zurich to buy AIG’s personal travel business for $600 million

AIG completes deconsolidation of Corebridge Financial