American International Group Inc

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2h
The Globe and Mail
Calendar: What investors need to know for the week aheadA daily rundown of the economic reports and corporate earnings that will be gra
Calendar: What investors need to know for the week ahead
The Globe and Mail / Posted 2 hours ago
A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead. China markets closed all week for a holiday Monday February 8 Japan releases current account surplus. India releases... Read more
7h
Business Insurance
Moody's defeats whistleblower lawsuit(Reuters) — Moody's Investors Service on Thursday won the dismissal of a former
Moody's defeats whistleblower lawsuit
Business Insurance / Posted 7 hours ago
(Reuters) — Moody's Investors Service on Thursday won the dismissal of a former managing director's whistleblower lawsuit accusing it of defrauding the U.S. government by failing to downgrade hundreds of thousands of credit ratings quickly enough,... Read more
17h
Reuters
U.S. banks targeted by activist investors on merger wave hopesA man passes by the New York Stock Exchange in New York's financial district Ja
U.S. banks targeted by activist investors on merger wave hopes
Reuters / Posted 17 hours ago
A man passes by the New York Stock Exchange in New York's financial district January 15, 2016. Activist investors are putting the U.S. banking sector in their crosshairs, betting that headwinds whipping through the industry will accelerate... Read more
3 related stories
17h
Channel NewsAsia
US banks targeted by activist investors on merger wave hopesREUTERS: Activist investors are putting the U.S. banking sector in their crossh
US banks targeted by activist investors on merger wave hopes
Channel NewsAsia / Posted 17 hours ago
REUTERS: Activist investors are putting the U.S. banking sector in their crosshairs, betting that headwinds whipping through the industry will accelerate consolidation among lenders. While these activist hedge funds have already targeted some major... Read more
3 related stories
1d
Business Insurance
Insurer mega-deals forecast to drop offNEW YORK — No further mega-deals between major insurers are likely at this poin
Insurer mega-deals forecast to drop off
Business Insurance / Posted yesterday
NEW YORK — No further mega-deals between major insurers are likely at this point, as buyers who can afford them are in shorter supply, says a securities analyst. Although merger and acquisition activity has picked up over the past several years,... Read more
1d
Business Insurance
Insurer mega-deals forecast to drop offNEW YORK — No further mega-deals between major insurers are likely at this poin
Insurer mega-deals forecast to drop off
Business Insurance / Posted yesterday
NEW YORK — No further mega-deals between major insurers are likely at this point, as buyers who can afford them are in shorter supply, says a securities analyst. Although merger and acquisition activity has picked up over the past several years,... Read more
3d
Business Insurance
AIG: Splitting property and life business would hurt shareholdersA loss of “diversification benefits” if American International Group Inc. split
AIG: Splitting property and life business would hurt shareholders
Business Insurance / Posted 3 days ago
A loss of “diversification benefits” if American International Group Inc. splits its life and property/casualty operations would adversely affect the insurer’s ability to return capital to shareholders, a consultant’s report concludes. The report by... Read more
3d
Zero Hedge
February 2Overnight Media Digest * EasyJet Plc plans to test a hydrogen fuel cell system
February 2
Zero Hedge / Posted 3 days ago
Overnight Media Digest * EasyJet Plc plans to test a hydrogen fuel cell system that could save about 50,000 tonnes of fuel per year and cut carbon emissions. This would mean the airline would no longer need to use its jet engines during lengthy taxi... Read more
4d
TribLIVE
Purchase of Hill District apartments hailed in efforts to retain discount-rate housing – TribLIVE.com Neighborhoods A St. Louis-based real estate development...
Purchase of Hill District apartments hailed in efforts to retain discount-rate housing
TribLIVE / Posted 4 days ago
– TribLIVE.com Neighborhoods A St. Louis-based real estate development... Read more
5d
Business Insurance
AIG details improvement plan amid calls for strong actionIs there an “urgent” need for American International Group Inc. to shed its des
AIG details improvement plan amid calls for strong action
Business Insurance / Posted 5 days ago
Is there an “urgent” need for American International Group Inc. to shed its designation as a systemically important financial institution, or are calls to break up the insurer merely a “red herring”? Both arguments were made last week as AIG... Read more
8d
Business Insurance
U.S. utilities worry about cyber cover after Ukraine grid attackPhoto by AP System control center operator Ryan Cox sits at his computer workst
U.S. utilities worry about cyber cover after Ukraine grid attack
Business Insurance / Posted 8 days ago
Photo by AP System control center operator Ryan Cox sits at his computer workstation at an AEP Transmission Operations Center in New Albany, Ohio. Like most big utilities, AEP's power plants, substations and other vital equipment are managed by a... Read more
8d
Business Insurance
U.S. utilities worry about cyber cover after Ukraine grid attack(Reuters) — U.S. utilities are looking hard at their cyber vulnerabilities and
U.S. utilities worry about cyber cover after Ukraine grid attack
Business Insurance / Posted 8 days ago
(Reuters) — U.S. utilities are looking hard at their cyber vulnerabilities and whether they can get insurance to cover what could be a multibillion-dollar loss after hackers cut electric power to more than 80,000 Ukrainians last month. The Dec. 23... Read more
9d
Business Wire
A.M. Best Places Ratings of American International Group, Inc. and Its Subsidiaries Under Review with Negative ImplicationsOLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has placed under review with negative
A.M. Best Places Ratings of American International Group, Inc. and Its Subsidiaries Under Review with Negative Implications
Business Wire / Posted 9 days ago
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has placed under review with negative implications the issuer credit rating (ICR) of American International Group, Inc. (AIG) (New York, NY) (NYSE:AIG) and the financial strength ratings (FSR) and ICRs of its... Read more
9d
Business Insurance
AIG property/casualty units downgraded by Moody'sMoody's Investors Service Inc. has downgraded the financial strength rating of
AIG property/casualty units downgraded by Moody's
Business Insurance / Posted 9 days ago
Moody's Investors Service Inc. has downgraded the financial strength rating of American International Group Inc.'s property/casualty units in the United States and Canada to A2 from A1, the New York-based rating agency said Wednesday. “The downgrade... Read more
9d
Business Insurance
AIG property/casualty units downgraded to A2 by Moody'sMoody’s Investors Service Inc. has downgraded the financial strength rating of
AIG property/casualty units downgraded to A2 by Moody's
Business Insurance / Posted 9 days ago
Moody’s Investors Service Inc. has downgraded the financial strength rating of American International Group Inc.’s property/casualty units in the United States and Canada to A2 from A1, the New York-based rating agency said Wednesday. “The downgrade... Read more
9d
Zero Hedge
January 27Overnight Media Digest - A group of 26 states on Tuesday filed a last-ditch re
January 27
Zero Hedge / Posted 9 days ago
Overnight Media Digest - A group of 26 states on Tuesday filed a last-ditch request at the Supreme Court seeking the delay of a key Obama administration environmental rule to cut carbon emissions from power plants. (http://on.wsj.com/1Sa4BwF) - A... Read more
9d
TribLIVE
AIG to return $25B to shareholders Neighborhoods AIG President and CEO Peter Hancock is interviewed on the fl
AIG to return $25B to shareholders
TribLIVE / Posted 9 days ago
Neighborhoods AIG President and CEO Peter Hancock is interviewed on the floor of the New York Stock Exchange, Tuesday, Jan. 26, 2016. Insurer AIG is selling its broker-dealer... Read more
20 related stories
10d
Business Insurance
AIG outlines plan to boost profitability, but bolder action may be requiredAmerican International Group Inc. on Tuesday said it plans to undertake an init
AIG outlines plan to boost profitability, but bolder action may be required
Business Insurance / Posted 10 days ago
American International Group Inc. on Tuesday said it plans to undertake an initial public offering of up to 19.9% of its United Guaranty Corp. mortgage insurance unit as a first step toward a total separation of the unit. In a video posted on AIG's... Read more
20 related stories
10d
Business Insurance
AIG to slash costs, sell off units in drive for better resultsAmerican International Group Inc. on Tuesday said it plans to undertake an init
AIG to slash costs, sell off units in drive for better results
Business Insurance / Posted 10 days ago
American International Group Inc. on Tuesday said it plans to undertake an initial public offering of up to 19.9% of its United Guaranty Corp. mortgage insurance unit as a first step toward a total separation of the unit. In a video posted on AIG's... Read more
20 related stories
10d
Market Watch
Carl Icahn, AIG’s CEO appears to be calling your bluffBloomberg News Billionaire investor Carl Icahn Hey, Carl Icahn. Is American I
Carl Icahn, AIG’s CEO appears to be calling your bluff
Market Watch / Posted 10 days ago
Bloomberg News Billionaire investor Carl Icahn Hey, Carl Icahn. Is American International Group Inc.’s Chief Executive Peter Hancock calling your bluff? Icahn wrote a letter to AIG’s board of directors last week, saying if Hancock continued to... Read more
10d
Morningstar
Dow Jumps Nearly 300 Points As Stock Rally Gathers SteamU.S. stocks marched sharply higher Tuesday, as energy stocks soared amid a rall
Dow Jumps Nearly 300 Points As Stock Rally Gathers Steam
Morningstar / Posted 10 days ago
U.S. stocks marched sharply higher Tuesday, as energy stocks soared amid a rally in oil prices. Big earnings-driven gains in market bellwethers like Sprint Corp., Procter & Gamble Co., and 3M Co. added steam to the rally as Wall Street sought to... Read more
18 related stories
10d
Morningstar
Dow Up More Than 200 Points As Stock Rally Gathers SteamU.S. stocks marched sharply higher in late-morning trade Tuesday, as investors
Dow Up More Than 200 Points As Stock Rally Gathers Steam
Morningstar / Posted 10 days ago
U.S. stocks marched sharply higher in late-morning trade Tuesday, as investors bought energy stocks amid a rally in oil prices which helped deliver a lift to investor sentiment. Meanwhile, big earnings-driven gains in market bellwethers like Sprint... Read more
18 related stories
10d
Crain's New York Business
AIG selling broker-dealer segment as it looks to trim expensesShares rose more than 2% in morning trading Tuesday Insurer AIG is selling its
AIG selling broker-dealer segment as it looks to trim expenses
Crain's New York Business / Posted 10 days ago
Shares rose more than 2% in morning trading Tuesday Insurer AIG is selling its broker-dealer segment, starting an initial public offering for its mortgage-insurance division and slashing expenses after coming under pressure from activist investor... Read more
20 related stories
10d
Los Angeles Times
AIG is selling its broker-dealer segment and cutting expenses after pressure from Carl IcahnIcahn has been pushing New York-based AIG to break itself into three separate c
AIG is selling its broker-dealer segment and cutting expenses after pressure from Carl Icahn
Los Angeles Times / Posted 10 days ago
Icahn has been pushing New York-based AIG to break itself into three separate companies. AIG shares rose more than 2% in morning trading Tuesday. American International Group Inc. said that it will sell AIG Advisor Group to private equity firm... Read more
20 related stories
10d
Market Watch
AIG moves were 'less dramatic' than shareholders were hoping--BernsteinAmerican International Group Inc. AIG, +1.01% has made an effort to grant the w
AIG moves were 'less dramatic' than shareholders were hoping--Bernstein
Market Watch / Posted 10 days ago
American International Group Inc. AIG, +1.01% has made an effort to grant the wishes of its activist shareholders, but Sanford C. Bernstein analyst Josh Stirling said he believes the strategic moves the insurer announced Tuesday "much less dramatic"... Read more
10d
Investopedia
Russia Says Oil Price Is "Wrong"Even as oil storage capacity nears maximum, there are hints that energy cartel
Russia Says Oil Price Is "Wrong"
Investopedia / Posted 10 days ago
Even as oil storage capacity nears maximum, there are hints that energy cartel OPEC may receive unexpected support from Russia, a key producer. “The practice of filling the market with cheap oil at any cost is wrong – half a year or a year later it... Read more
10d
Daily Herald
AIG selling broker-dealer segment, cutting expensesNEW YORK -- Insurer AIG is selling its broker-dealer segment, starting an initi
AIG selling broker-dealer segment, cutting expenses
Daily Herald / Posted 10 days ago
NEW YORK -- Insurer AIG is selling its broker-dealer segment, starting an initial public offering for its mortgage-insurance division and slashing expenses after coming under pressure from activist investor Carl Icahn. Icahn has been pushing AIG to... Read more
20 related stories
10d
ABC News
AIG Selling Broker-Dealer Segment, Cutting ExpensesIcahn has been pushing New York-based AIG to break itself into three separate c
AIG Selling Broker-Dealer Segment, Cutting Expenses
ABC News / Posted 10 days ago
Icahn has been pushing New York-based AIG to break itself into three separate companies. AIG shares rose more than 2 percent in morning trading Tuesday. American International Group Inc. said that it will sell AIG Advisor Group to private equity... Read more
20 related stories
10d
Business Insurance
Analyst can't see case for reported AIG mortgage spinoffA report Friday that American International Group Inc. intends to spin off its
Analyst can't see case for reported AIG mortgage spinoff
Business Insurance / Posted 10 days ago
A report Friday that American International Group Inc. intends to spin off its mortgage insurance unit drew a tepid response from an analyst Monday. “This move strikes us as close to useless, for three reasons,” a research note from New York-based... Read more
2 related stories
10d
Business Insurance
AIG to slash costs, sell off units in drive for better resultsAmerican International Group Inc. on Tuesday said it plans to undertake an init
AIG to slash costs, sell off units in drive for better results
Business Insurance / Posted 10 days ago
American International Group Inc. on Tuesday said it plans to undertake an initial public offering of up to 19.9% of its United Guaranty Corp. mortgage insurance unit as a first step toward a total separation of the unit. In a video posted on AIG's... Read more
20 related stories
10d
The Middletown Press
Insurer AIG to sell broker-dealer segment, cut expensesNEW YORK >> Insurer AIG is selling its broker-dealer segment, starting an initi
Insurer AIG to sell broker-dealer segment, cut expenses
The Middletown Press / Posted 10 days ago
NEW YORK >> Insurer AIG is selling its broker-dealer segment, starting an initial public offering for its mortgage-insurance division and slashing expenses after coming under pressure from activist investor Carl Icahn. Icahn has been pushing AIG to... Read more
20 related stories
10d
The Courier Mail
AIG to sell broker-dealer networkInsurance giant reveals broad restructure as pressure from Carl Icahn grows. A
AIG to sell broker-dealer network
The Courier Mail / Posted 10 days ago
Insurance giant reveals broad restructure as pressure from Carl Icahn grows. American International Group Inc will sell its broker-dealer network, conduct a partial spinoff of its mortgage-insurance unit and more aggressively cut costs, Chief... Read more
20 related stories
10d
Business Spectator
AIG to sell broker-dealer networkAmerican International Group Inc will sell its broker-dealer network, conduct a
AIG to sell broker-dealer network
Business Spectator / Posted 10 days ago
American International Group Inc will sell its broker-dealer network, conduct a partial spinoff of its mortgage-insurance unit and more aggressively cut costs, Chief Executive Peter Hancock said in a strategy update on Tuesday, as pressure from... Read more
20 related stories
10d
KOB 4 Albuquerque
AIG selling broker-dealer segment, cutting expensesNEW YORK (AP) — Insurer AIG is selling its broker-dealer segment, starting an i
AIG selling broker-dealer segment, cutting expenses
KOB 4 Albuquerque / Posted 10 days ago
NEW YORK (AP) — Insurer AIG is selling its broker-dealer segment, starting an initial public offering for its mortgage-insurance division and slashing expenses after coming under pressure from activist investor Carl Icahn. Icahn has been pushing AIG... Read more
20 related stories
10d
National Post
Story | Business Wire News Releases | News | Financial PostNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) today
Story | Business Wire News Releases | News | Financial Post
National Post / Posted 10 days ago
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) today announced that it has agreed to sell AIG Advisor Group to investment funds affiliated with Lightyear Capital LLC, a private equity firm specializing in financial services... Read more
4 related stories
10d
Channel NewsAsia
AIG to spin off mortgage insurance unit in sweeping overhaulREUTERS: American International Group Inc said it would spin off its mortgage i
AIG to spin off mortgage insurance unit in sweeping overhaul
Channel NewsAsia / Posted 10 days ago
REUTERS: American International Group Inc said it would spin off its mortgage insurance unit and sell its broker-dealer network as part of the sweeping changes it has been promising shareholders as it fends off activist investor Carl Icahn. The... Read more
20 related stories
10d
Market Watch
AIG to sell broker-dealer network, IPO part of mortgage-insurance unitAmerican International Group Inc. will sell its broker-dealer network, conduct
AIG to sell broker-dealer network, IPO part of mortgage-insurance unit
Market Watch / Posted 10 days ago
American International Group Inc. will sell its broker-dealer network, conduct a partial spinoff of its mortgage-insurance unit and more aggressively cut costs, Chief Executive Peter Hancock said in a strategy update Tuesday, as pressure from... Read more
20 related stories
10d
Reuters
AIG to spin off mortgage insurance unit in sweeping overhaulThe AIG logo is seen at its building in New York's financial district March 19,
AIG to spin off mortgage insurance unit in sweeping overhaul
Reuters / Posted 10 days ago
The AIG logo is seen at its building in New York's financial district March 19, 2015. American International Group Inc (AIG.N) said it would spin off its mortgage insurance unit and sell its broker-dealer network as part of the sweeping changes it... Read more
20 related stories
10d
Business Wire
AIG Announces Agreement to Sell AIG Advisor Group to Lightyear Capital and PSP InvestmentsNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) today
AIG Announces Agreement to Sell AIG Advisor Group to Lightyear Capital and PSP Investments
Business Wire / Posted 10 days ago
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) today announced that it has agreed to sell AIG Advisor Group to investment funds affiliated with Lightyear Capital LLC, a private equity firm specializing in financial services... Read more
4 related stories
11d
Business Insurance
Analyst can’t see case for reported AIG mortgage spinoffA report Friday that American International Group Inc. intends to spin off its
Analyst can’t see case for reported AIG mortgage spinoff
Business Insurance / Posted 11 days ago
A report Friday that American International Group Inc. intends to spin off its mortgage insurance unit drew a tepid response from an analyst Monday. “This move strikes us as close to useless, for three reasons,” a research note from New York-based... Read more
2 related stories
11d
Business Insurance
Analysts unsure about possible AIG mortgage spinoff reportsA report Friday that American International Group Inc. intended to spin off its
Analysts unsure about possible AIG mortgage spinoff reports
Business Insurance / Posted 11 days ago
A report Friday that American International Group Inc. intended to spin off its mortgage insurance unit drew a tepid response from analysts Monday. “This move strikes us as close to useless, for three reasons,” analysts at where-based Keefe,... Read more
2 related stories
14d
Reuters
AIG to pursue spin-off of mortgage insurance unitA construction worker stands near an AIG logo in Tokyo March 3, 2009. American
AIG to pursue spin-off of mortgage insurance unit
Reuters / Posted 14 days ago
A construction worker stands near an AIG logo in Tokyo March 3, 2009. American International Group Inc (AIG.N) has decided to pursue a spin-off of its mortgage insurance business, according to people familiar with the matter, in a move that would... Read more
14d
Business Insurance
Business Insurance reveals 2016 Innovation Awards winnersBusiness Insurance on Friday announced 10 winners of the 2016 Innovation Awards
Business Insurance reveals 2016 Innovation Awards winners
Business Insurance / Posted 14 days ago
Business Insurance on Friday announced 10 winners of the 2016 Innovation Awards, the publication's recognition program for products and services designed for use by professional risk managers. The winners were selected by an independent panel of... Read more
14d
Channel NewsAsia
AIG to pursue spin-off of mortgage insurance unitREUTERS: American International Group Inc has decided to pursue a spin-off of i
AIG to pursue spin-off of mortgage insurance unit
Channel NewsAsia / Posted 14 days ago
REUTERS: American International Group Inc has decided to pursue a spin-off of its mortgage insurance business, according to people familiar with the matter, in a move that would come as the U.S. insurer fends off activist Carl Icahn. The spin-off of... Read more
14d
Business Insurance
Business Insurance reveals 2016 Innovation Awards winnersBusiness Insurance on Friday announced 10 winners of the 2016 Innovation Awards
Business Insurance reveals 2016 Innovation Awards winners
Business Insurance / Posted 14 days ago
Business Insurance on Friday announced 10 winners of the 2016 Innovation Awards, the publication's recognition program for products and services designed for use by professional risk managers. The winners were selected by an independent panel of... Read more
15d
Business Insurance
Investment income decline hits Travelers profitA major decline in net investment income adversely affected Travelers Cos. Inc.
Investment income decline hits Travelers profit
Business Insurance / Posted 15 days ago
A major decline in net investment income adversely affected Travelers Cos. Inc.'s fourth-quarter and full-year 2015 earnings, the insurer reported Thursday, but analysts saw stability in the quarterly results. Net income in the fourth quarter of... Read more
15d
Business Insurance
Investment income decline hits Travelers profitA major decline in net investment income adversely affected Travelers Cos. Inc.
Investment income decline hits Travelers profit
Business Insurance / Posted 15 days ago
A major decline in net investment income adversely affected Travelers Cos. Inc.’s fourth-quarter and full-year 2015 earnings, the insurer reported Thursday, but analysts saw stability in the quarterly results. Net income in the fourth quarter of... Read more
16d
Philly.com
Dubai tower blaze shows risks in common building materialWhile new regulations are now in place for construction in Dubai and other citi
Dubai tower blaze shows risks in common building material
Philly.com / Posted 16 days ago
While new regulations are now in place for construction in Dubai and other cities, experts acknowledge they have no idea how many skyscrapers have the potentially combustible paneling and are at risk of similar fast-moving fires. "It's like a... Read more
17 related stories
16d
Lake Placid News
Dubai tower blaze shows risks in common building materialDUBAI, United Arab Emirates (AP) — Within minutes, the revelry of New Year's Ev
Dubai tower blaze shows risks in common building material
Lake Placid News / Posted 16 days ago
DUBAI, United Arab Emirates (AP) — Within minutes, the revelry of New Year's Eve in Dubai turned to horror as those gathered for fireworks downtown watched flames race up the side of one of the glistening city's most prominent luxury hotels. But the... Read more
17 related stories
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