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AIG to sell 20% stake in Corebridge to Japan's Nippon Life for $3.8 bn

J.P. Morgan Securities advised AIG on the deal, which is expected to close by the first quarter of 2025

AIG to sell 20% stake in Corebridge to Japan's Nippon Life for $3.8 bn
Updated On : 16 May 2024 | 6:00 PM IST

AIG names new CFO with life and retirement unit split under way

Fitzsimons joined AIG in July 2019 and was most recently serving as the insurer's chief administrative officer

AIG names new CFO with life and retirement unit split under way
Updated On : 26 Oct 2021 | 3:23 AM IST

AIG CEO Brian Duperreault may reduce buybacks, focus on acquisitions

AIG has returned $18.1 billion to shareholders through buybacks since announcing the plan last year

AIG CEO Brian Duperreault may reduce buybacks, focus on acquisitions
Updated On : 29 Jun 2017 | 4:25 AM IST

AIG CEO Peter Hancock to resign after dismal earnings, successor unclear

The incoming CEO will be AIG's sixth in 12 years

AIG CEO Peter Hancock to resign after dismal earnings, successor unclear
Updated On : 10 Mar 2017 | 5:02 AM IST

AIG sees uncertainty in 'too-big-to-fail' label for insurers-filing

In 2008, AIG nearly got collapsed and get $182 billion bailout by the US government

AIG sees uncertainty in 'too-big-to-fail' label for insurers-filing
Updated On : 24 Feb 2017 | 8:18 AM IST

Ex-AIG chief settles accounting fraud case

Greenberg will pay about $9 million and former AIG CFO Howard Smith will pay about $900

Ex-AIG chief settles accounting fraud case
Updated On : 12 Feb 2017 | 12:58 AM IST

AIG to pay Buffett's Berkshire Hathaway about $10 bn in insurance deal

To take on many long-term risks on the US commercial insurance policies it has already written

AIG to pay Buffett's Berkshire Hathaway about $10 bn in insurance deal
Updated On : 21 Jan 2017 | 2:56 PM IST