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American International Group Inc (AIG.N)

AIG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Avery Dennison Signs Agreement Transferring $750 Million In Pension Obligations To AIG Life & Retirement
Wednesday, 24 Apr 2019 

April 24 (Reuters) - American International Group Inc ::AVERY DENNISON SIGNS AGREEMENT TRANSFERRING $750 MILLION IN PENSION OBLIGATIONS TO AIG LIFE & RETIREMENT.AIG - AGREEMENT COVERS APPROXIMATELY 8,500 RETIREES, BENEFICIARIES, AND DEFERRED AND ACTIVE MEMBERS.  Full Article

AIG Says CEO Brian Duperreault's FY 2018 Total Compensation Was $20.9 Mln
Tuesday, 2 Apr 2019 

April 2 (Reuters) - American International Group Inc ::AIG SAYS CEO BRIAN DUPERREAULT'S FY 2018 TOTAL COMPENSATION WAS $20.9 MILLION - SEC FILING.AIG SAYS CFO MARK LYONS' FY 2018 TOTAL COMPENSATION WAS $4.8 MILLION.AIG SAYS ESTIMATED 2018 PAY RATIO FOR CEO TO MEDIAN EMPLOYEE WAS 314 TO 1.  Full Article

AIG Announces Three New Nominees To Its Board Of Directors
Monday, 1 Apr 2019 

April 1 (Reuters) - American International Group Inc ::AIG ANNOUNCES THREE NEW NOMINEES TO ITS BOARD OF DIRECTORS.AIG - CURRENT DIRECTORS THERESA M. STONE AND RONALD A. RITTENMEYER WILL NOT BE STANDING FOR RE-ELECTION AT 2019 ANNUAL MEETING.AIG - NOMINEES TO BOARD INCLUDE PETER PORRINO, FORMER CFO OF XL GROUP LTD.AIG - NOMINEES TO BOARD INCLUDE AMY SCHIOLDAGER, FORMER SENIOR MANAGING DIRECTOR AND GLOBAL HEAD OF BETA STRATEGIES AT BLACKROCK INC.AIG - NOMINEES TO BOARD INCLUDE THERESE VAUGHAN, FORMER CEO OF NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS.  Full Article

AIG Files For Prospectus Supplement Related To A Potential Note Offering; Size Not Disclosed
Tuesday, 12 Mar 2019 

March 12 (Reuters) - American International Group Inc ::AIG FILES FOR PROSPECTUS SUPPLEMENT RELATED TO A POTENTIAL NOTE OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

AIG CEO says Q1 volatility should be greater than year-end
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - American International Group Inc ::CEO SAYS INSURER'S PROBLEMS WERE "DEEPER AND MORE PERVASIVE THAN I ORIGINALLY ANTICIPATED" - CONF CALL.AIG CEO SAYS INSURER WILL CONTINUE TO REDUCE AGGREGATE EXPOSURES IN PERSONAL INSURANCE BUSINESS IN 2019 - CONF CALL.AIG CEO SAYS COMPANY FOUND IN PRIVATE CLIENT GROUP PERSONAL INSURANCE TOO MANY "DISPROPORTIONATELY LARGE" INSURED VALUES IN CATASTROPHE PRONE AREAS AND INADEQUATE PRICING.AIG EXEC SAYS EXPECTS 2019 LIFE AND RETIREMENT UNIT ADJUSTED PRETAX INCOME TO BE FLAT WITH 2018 - CONF CALL.AIG EXEC SAYS COMPANY EXPECTS HIGHER SURRENDERS AND WITHDRAWALS IN GROUP RETIREMENT UNIT TO CONTINUE TO NEGATIVELY IMPACT NET FLOWS IN 2019 - CONF CALL.AIG CEO SAYS VOLATILITY IN Q1 SHOULD BE GREATER THAN THE VOLATILITY BY THE END OF THE YEAR DUE TO POLICIES LEFT IN ITS SYSTEM WITH LARGER RISK LIMITS - CONF CALL.  Full Article

AIG Board Of Directors Declares Common Stock Dividend Of $0.32 Per Share
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - American International Group Inc ::AIG BOARD OF DIRECTORS DECLARES COMMON STOCK DIVIDEND OF $0.32 PER SHARE.  Full Article

AIG Named Official Insurance Partner Of The PGA of America
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - PGA of America::PGA OF AMERICA SAYS AMERICAN INTERNATIONAL GROUP HAS BEEN NAMED OFFICIAL INSURANCE PARTNER OF PGA OF AMERICA.  Full Article

NY State DFS Orders Arch Insurance & National Union Fire To Provide $8 Mln In Rebates
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - New York State Department of Financial Services::NY STATE DFS ORDERS ARCH INSURANCE CO & NATIONAL UNION FIRE INSURANCE CO TO PROVIDE $8 MILLION IN REBATES TO NEW YORK VOLUNTEER FIREFIGHTER COMPANIES.NY STATE DFS SAYS ARCH INSURANCE CO & NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PENNSYLVANIA MUST ALSO PAY COMBINED $2.2 MILLION IN FINES.NY STATE DFS - ARCH INSURANCE, NATIONAL UNION FIRE FAILED TO SATISFY REQUIRED MINIMUM LOSS RATIO STANDARDS IN BLANKET ACCIDENT & HEALTH INSURANCE POLICIES.  Full Article

AIG Life Limited (U.K.) Appoints Philip Willcock As CEO
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - AIG LIFE LIMITED (U.K.)::AIG LIFE LIMITED (U.K.) APPOINTS NEW CEO.AIG LIFE LIMITED (U.K.) - APPOINTMENT OF PHILIP WILLCOCK AS CEO EFFECTIVE MARCH 1, 2019 .AIG LIFE LIMITED (U.K.) - ANNOUNCED APPOINTMENT OF PHILIP WILLCOCK AS CHIEF EXECUTIVE OFFICER.  Full Article

AIG appoints Mark Lyons chief financial officer
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - American International Group Inc ::AIG APPOINTS MARK D. LYONS CHIEF FINANCIAL OFFICER.AIG - LYONS SUCCEEDS SID SANKARAN.AIG - LYONS SUCCEEDS SID SANKARAN, WHO WILL REMAIN AT AIG IN AN ADVISORY CAPACITY THROUGH YEAR-END REPORTING PROCESS FOR FISCAL YEAR 2018.AIG - LYONS WILL REMAIN CHIEF ACTUARY, GENERAL INSURANCE, UNTIL A SUCCESSOR IS NAMED.AIG - APPOINTED MARK LYONS TO ROLE OF EXECUTIVE VICE PRESIDENT & CHIEF FINANCIAL OFFICER.  Full Article

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