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Latest Developments

AIG Positioning AIA and ALICO as Independent Operations Federal Reserve Bank of New York to Own Preferred Interests in AIA and ALICO SPVs; Upon Closing, Debt Owed by AIG to FRBNY to Be Reduced by $25 Billion (06.25.09)

American International Group, Inc. (AIG) announced that it has entered into an agreement with the Federal Reserve Bank of New York (FRBNY) that will accomplish two key goals: reducing the debt AIG owes the FRBNY by $25 billion; and positioning two of the company's leading international life insurance franchises, American International Assurance Company, Ltd. (AIA) and American Life Insurance Company (ALICO), for initial public offerings, depending on market conditions. More...

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Latest Restructuring News

AIG Completes Sale Of 21st Century Insurance To Zurich Financial Services Group Unit 07.01.09

AIG In Agreement To Sell Its Consumer Finance Operations In Colombia 07.01.09

AIG To Sell Assets Of Aig Credit Card Company (Taiwan) Limited To Far Eastern International Bank (06.30.09)

AIG To Sell Its Russian Bank Subsidiary To Banque Psa Finance (06.29.09)

American Life Insurance Company (ALICO), American International Assurance Company, Ltd. (AIA) to Be Placed in Special Purpose Vehicles (06.25.09)

AIG to Sell Consumer Finance Operations in Argentina (06.02.09)

AIG Completes Sale of Prime Tokyo Real Estate Asset to Nippon Life Insurance Company (05.28.09)

AIG Announces Secondary Offering of its Shares in Transatlantic Holdings, Inc. (05.28.09)

AIG Announces Chairman And CEO Edward M. Liddy To Step Down After Replacements Found (05.21.09)

AIG Announces Six New Independent Director Nominees To Stand For Election At 2009 Annual Meeting (05.19.09)

AIG to Accelerate the Separation of AIA (05.17.19)

AIG Announces Sale Of Prime Tokyo Real Estate Asset For Approximately $1.2 Billion In Cash To Nippon Life Insurance Company (05.11.09)

AIG Financial Products Corp. Completes Sale of Commodity Index Business (05.07.09)

AIG to Accelerate Separation of AIU Holdings, Inc. (04.21.09)

AIG In Agreement to Sell 21st Century Insurance to Zurich Financial Services Group Unit (04.16.09)

AIG Completes Sale of AIG Private Bank LTD to Aabar Investments (04.16.09)

AIG Completes Asset Sale of Retail Bank and Credit Card Operation in Thailand (04.08.09)

AIG Completes Two Asset Sales (04.02.09)

Latest Press Releases

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