Popular Searches: 　AIG 　china 　sunamerica+aig 　LIFE 　financial 　health
  • Share

AIG to accelerate ALICO's Separation Process And Seek Public Listing

 

Friday, Jul 17,2009, 12:00:51 PM   Click:

Insurance and financial services company American International Group Inc (AIG) (NYSE:AIG) stated on Wednesday that it will accelerate the planned separation of American Life Insurance Company (ALICO) announced in March and intends to seek an initial public offering (IPO) and public listing in New York.

This move will result in an independent ALICO board of directors and management team.

ALICO is an insurer operating in 54 countries with 19m customers, more than 40,000 agents and distribution partners and over USD89bn of assets under management.


  • Share
  • Print

You may also be interested in:

Discuss this news

Click Here to see all comments
Please aware of self to obey the Internet related policy laws and strictly forbid to release porn, violence.
Appraisal:

Name:

Email:

Content:

Featured

INDIANAPOLIS_The Indiana State Teachers Association and the National Education Association say they'll scrape up enough cash to pay 650 people receiving long-term disability benefits from the state

Ind. teachers union to cover disability claims

INDIANAPOLIS_The Indiana State Teachers Association and the National Education

The AMBG closed Wednesday, Oct. 14, at 843.05 (+2.06%). Of the 15 A.M. Best stock indexes, 14 rose and one declined. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Atlantic American

Atlantic American Corp. Leads Wednesday's AMBG as

The AMBG closed Wednesday, Oct. 14, at 843.05 (+2.06%). Of the 15 A.M. Best

Deutsche Bank's Asset Management division today announced that Kaj Ahlmann has joined the firm as a Managing Director and Global Head of Strategic Business Development in Deutsche Insurance Asset

Deutsche Insurance Division Kaj as Global Strategic

Deutsche Bank's Asset Management division today announced that Kaj Ahlmann has

As more and more workers tweet on Twitter or post on Facebook, employers have been slow to establish policies that would protect them from potential liability stemming from their employees'

Getting Burned

As more and more workers tweet on Twitter or post on Facebook, employers have

TALLAHASSEE, Fla._An appeals court has backed a decision by state regulators rejecting State Farm's request to hike Florida property insurance rates by 47.1 percent. The Office of Insurance

Court OKs Florida's decision on State Farm rates

TALLAHASSEE, Fla._An appeals court has backed a decision by state regulators

ATLANTA, April 21 /PRNewswire/ -- To support insurance companies as they focus on improving operational efficiency and effectiveness, LOMA has developed and launched Improving the Bottom Line:

New LOMA Course Focuses on Operations, Bottom-Line

ATLANTA, April 21 /PRNewswire/ -- To support insurance companies as they focus

In what analysts are calling another blow to the local economy and to a company with a notable history in the Valley, the Woodland Hills offices of auto insurer 21st Century Insurance could lose up

21st Century's Turbulent Year

In what analysts are calling another blow to the local economy and to a company

MOST POPULAR