taxpayers
Transaction : AIG raises $37 billion from Alico sale, IPO
In its ongoing efforts to repay taxpayers, bailed-out insurance giant American International Group in recent days has raised nearly $37 billion through the sale...
AIG : succession planning issued by Board of Directors
Today, upon unanimous vote, the Board of Directors of American International Group, Inc. (AIG) agreed to issue the following statement:
"We are committed to management...
AIG / unit sale : Prudential Financial to buy Star Life and Edison Life Insurance
Troubled US insurer American International Group (AIG) said Thursday it had agreed to sell two Japanese life insurance units to Prudential Financial for almost...
Bailed out insurer American Insurance Group and China Strategic Holdings have agreed to extend the deadline for completing AIG’s planned $2.2 billion sale of its Taiwan unit
While the extension could help AIG and its buyers address concerns from Taiwanese regulators, the longer the transaction is stretched out the less likely...
Europe seeks ‘social’ tax on insurers and banks worldwide
Europe on Friday urged the IMF to introduce a "social" tax on banks, insurers and markets to repay taxpayers' support during lean years with...
UK state pension, already the worst in Europe, under even greater pressure
The projected rise in the UK’s population will exacerbate the nation’s long-term pensions crisis, with the likely outcome being substantial tax rises just to...
