BNET Industries
American International Group Inc. (AIG) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $110.0B
- Profit
- Dec 31 2007
- $6.2B
- Market Cap
- May 14 2008
- $98.2B
Latest News and Analysis
AIG Sees No Need to Honor Ex-CEO Request to Delay AGM
By Lilla Zuill NEW YORK (Reuters) - Maurice "Hank" Greenberg, former chief executive of American International Group AIG, has said the insurer is in "crisis" and urged a delay in its annual general meeting scheduled for Wednesday, according to a letter he sent...
ILFC Considering Split-up From Insurer AIG
NEW YORK (Reuters UK) - International Lease Finance, a unit of American International Group AIG, is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter. Officials at ILFC, a...
ILFC Considering Split-up From Insurer AIG: Report
NEW YORK (Reuters) - International Lease Finance Corp, a unit of American International Group AIG, is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter....
March Trade Gap Narrows on Record Import Drop
By Doug Palmer WASHINGTON (Reuters) - A record drop in U.S. imports because of slowing domestic demand took a big bite out of the U.S. trade deficit in March despite record high oil prices. The trade gap shrank 5.7 percent in March to $58.2 billion,...
Insurer AIG Has $7.8 Bln Q1 Loss, to Raise Capital
By Lilla Zuill NEW YORK (Reuters) - American International Group Inc AIG, the world's largest insurer, posted its largest ever quarterly loss on Thursday after writing down assets linked to subprime mortgages, and said it would raise $12.5 billion to strengthen...
Pension Buyouts Could Hit 10 Billion
LONDON (Reuters UK) - The value of pension buyout deals could hit 10 billion pounds in 2008, a three-fold increase on last year, a report by pensions advisory firm Lane Clarke & Peacock LCP said on Thursday. The first billion-pound pension deal is also just around...
RBS to Unveil Cash Call in Key Week For UK Banks
By Steve Slater and Clara Ferreira-Marques LONDON (Reuters) - Royal Bank of Scotland RBS and its combative CEO Fred Goodwin are set to announce Europe's biggest-ever rights issue and over $10 billion of losses on investments this week, taking centre stage during a...
RBS Set to Announce Rights Issue
By Steve Slater and Clara Ferreira-Marques LONDON (Reuters UK) - Royal Bank of Scotland RBS and its combative CEO Fred Goodwin are set to announce Europe's biggest-ever rights issue and over $10 billion (5 billion pounds) of losses on investments this week, taking centre stage ...
Additional Resources
American General Finance Parent AIG to Report First Quarter 2008 Earnings and Hold Conference Call
EVANSVILLE, Ind. -- American International Group, Inc. AIG will report its first quarter 2008 earnings on Thursday, May 8, 2008 after the close of the market. AIG's earnings release and financial supplement will be available in the Investor Information section of www.aigcorporate.com following the filing of AIG's Form 10-Q for...
Zacks Earnings Preview: American International Group, Cimarex Energy, Devon Energy, Forest Oil and Walt Disney
CHICAGO -- Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes American International Group (NYSE: AIG), Cimarex Energy (NYSE: XEC), Devon Energy (NYSE: DVN), Forest Oil (NYSE: FST) and Walt Disney (NYSE: DIS). To see more earnings analysis, visit http://at.zacks.com/?id=3207. Earnings Preview...
AIG Small Business e-Excess® Platform Now Integrated with Agency Management System
NEW YORK -- AIG Small Business[R], a division of the property-casualty insurance subsidiaries of American International Group, Inc. AIG, today announced that its AIG e-Excess[R] platform now seamlessly integrates with AMS TransactNOW[R] from AMS Services. AIG e-Excess is a Web-based system for rates, quotes and binding excess casualty coverage for...
Seven Summits Research Releases Comments on AIG, NOK, CMI, RSH, and LIZ
CHICAGO, April 28 /PRNewswire/ -- Seven Summits Research releases NewsBites on key stocks. Seven Summits Strategic Investments NewsBites are available to all investors at: http://www.go7now.com/nb/0428Y (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's Seven...
A.M. Best Withdraws Ratings of AIG Life Insurance Company of Puerto Rico Due to Legal Entity Merger
OLDWICK, N.J. -- A.M. Best Co. has withdrawn the financial strength rating of A++ Superior and issuer credit rating of "aa+" of AIG Life Insurance Company of Puerto Rico (Hato Rey, Puerto Rico) and has assigned the company a category NR-5 Not Formally Followed. Effective January 1, 2008,...
AIG To Report First Quarter 2008 Earnings and Hold Conference Call
NEW YORK -- American International Group, Inc. AIG will report its first quarter 2008 earnings on Thursday, May 8, 2008 after the close of the market. AIG's earnings release and financial supplement will be available in the Investor Information section of www.aigcorporate.com following the filing of AIG's Form 10-Q for...
AIG Completes Funding of Carbon Offset Projects in China and the United States
Projects Will Generate More Than 620,000 Metric Tons of CO2 Offset Credits To Be Retired As Part of Environmental Strategy NEW YORK -- In the last bullet point, the first sentence should read: A project funded through The Conservation Fund ... (sted ... The Conversation Fund...) ...
AIG Recognizes the First "Scholarship for Success" Recipients in New York
NEW YORK -- American International Group, Inc. AIG recognized the first "AIG Scholarship for Success" recipients at a reception held last Thursday at AIG's 70 Pine Street headquarters in New York City. The AIG Scholarship for Success Program was established to attract talented employees of diverse backgrounds to...
AIG Announces Scholarship Program for the University of Houston
Program Increases Company's Involvement in Insurance and Risk Management Education at UH and UH-Downtown NEW YORK -- American International Group, Inc. AIG announced today that it is sponsoring an expanded corporate scholarship program that will assist University of Houston students in paying for their education, while also providing...
Seven Summits Research Releases Alerts on GOOG, AIG, HPQ, WU, and RL
CHICAGO, April 16 /PRNewswire/ -- Seven Summits Research issues PriceWatch Alerts for key stocks. Seven Summits Strategic Investments' PriceWatch Alerts are available at http://www.iotogo.com/s/041608A (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's PriceWatch Alerts...
ACCION USA Launches 'Build Your Credit' Seminars in Miami
Low- and Moderate-income Immigrant Individuals to Receive Practical Credit Building Skills from National Microfinance Nonprofit MIAMI, April 15 /PRNewswire/ -- ACCION USA, a pioneer and leader in domestic microfinance, in partnership with American International Group, Inc. AIG today announced the launch of the 'Build Your Credit' campaign...
ACCION USA Launches 'Build Your Credit' Seminars in Boston
Low- and Moderate-income Immigrant Individuals to Receive Practical Credit Building Skills from National Microfinance Nonprofit BOSTON, April 15 /PRNewswire/ -- ACCION USA, a Boston-based pioneer and leader in domestic microfinance, in partnership with American International Group, Inc. AIG today announced the launch of the 'Build Your Credit'...
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- Incorporated: 1967
- CEO: Mr. Martin J. Sullivan
American International Group is a holding company which, through its subsidiaries, is engaged in an array of insurance and insurance-related activities in the U.S. and abroad. Co.'s primary activities include both General Insurance and Life Insurance & Retirement Services operations as well as other significant activities including Financial Services and Asset Management. As of Dec 31 2007, Co.'s reportable segments by product or service line were General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management. As of the date above, Co. provided its products and services in more than 130 countries and jurisdictions.
Key Competitors
American International Group Inc. Company Info
Board of Directors
Mr. Robert B. Willumstad
Chairman
Mr. Martin J. Sullivan
Mr. Michael H. Sutton
Mr. Edmund S.W. Tse
Mr. Stephen F. Bollenbach
Dr. Martin S. Feldstein Ph.D.
Ms. Ellen V. Futter
Mr. Richard C. Holbrooke
Mr. Fred H. Langhammer
Mr. George L. Miles Jr.
Mr. Morris W. Offit
Mr. James F. Orr III
Ms. Virginia M. Rometty
Contact Information
70 Pine Street
New York, NY
212 770-7000
NAICS Code
Direct Property and Casualty Insurance Carriers: 524126Brought to you by IBMSponsored Resources
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