Financial Times  11 hrs ago  Comment 
Companies team up to fight extra capital demands that seek to avoid repeat of rescued AIG
Insurance Journal  Oct 2  Comment 
Hank Greenberg, who built American International Group Inc. into the world’s largest insurer, said he’s putting his money behind Jeb Bush in the Republican party’s crowded nomination race. “Does he have the flair others are looking for?...
The Hindu Business Line  Oct 1  Comment 
Neelesh Garg has been appointed Managing Director and Chief Executive Officer of Tata AIG General Insurance Company. He succeeds KK Mishra, who retired in September. Garg was earli...
Insurance Journal  Sep 16  Comment 
The Insurance Company of the State of Pennsylvania (ICSOP), a subsidiary of the American International Group (AIG), has agreed to pay $430,000 to settle allegations that it sold unauthorized health insurance to Massachusetts consumers and failed...
SeekingAlpha  Sep 16  Comment 
Insurance Journal  Sep 15  Comment 
Bill Cosby, citing financial pressures, asked a federal judge to dismiss or put on hold a lawsuit in which American International Group Inc. seeks to avoid paying for his defense against defamation claims by women who also accused him of … The...
Insurance Journal  Sep 11  Comment 
American Group International Group Inc. won a decision that narrowed the claims by six investment funds that opted out of a $970.5 million class-action settlement last year over allegations the insurer misled investors about its exposure to...


After its excessive risk-taking necessitated a dramatic bailout from the federal government, AIG is finally poised to be returned to common shareholders. Though still a major presence in property-casualty and life insurance, the new AIG will be a smaller insurance organization, having shed a good deal of its global growth potential. AIG has no economic moat, in our opinion, and the onetime insurance leader will have a difficult time returning to its former dominant position. AIG is still one of the largest insurance and financial services firms in the world, even after disposing of its Asian insurance subsidiaries. It operates through a wide range of subsidiaries that provide general insurance, life insurance, and other financial services. The government has started selling its shares in 2011, and ownership will eventually be returned to common equity shareholders.

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