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The 228,480 shares were sold to the public. In 1949, the company passed into the control of the Monsanto Corporation. (Courtaulds resumed manufacture of rayon in the United States in 1952, at a new plant in Axis, Alabama). [4] In 1963 it was purchased by FMC Corporation. In 1974 the plant in Parkersburg, West Virginia was closed. FMC sold off ...
AIG's AIU Insurance unit has run a P&C insurance in the country since 1946, and is now the largest foreign nonlife insurer with 14,000 agents nationwide. [3] In retail auto and L&H space, AIG owns American Home and Fuji Fire and Marine Insurance company. [4]
National Union Fire Insurance Company of Pittsburgh, PA [148] The United States Life Insurance Company in the City of New York [149] [148] The Variable Annuity Life Insurance Company (VALIC) [148] American International Group UK Ltd. [148] AIG General Insurance Co. Ltd. [148] Validus Reinsurance, Ltd. [148]
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The Cannon Mills Company was an American textile manufacturing company based in Kannapolis, North Carolina, that mainly produced towels and bed sheets. Founded in 1887 by James William Cannon, by 1914 the company was the largest towel and sheets manufacturer in the world. [1] Cannon remained family-owned until 1982 when it was sold to David H ...
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Starr eventually expanded his business throughout the world. On 21 January 1939, Starr relocated his head office from Shanghai to New York City after the Japanese invasion of China and again on 5 April 1949 with the communist takeover of mainland China, and the Chinese AIA became a subsidiary of New York-based American International Group (AIG).
Insurance and Technology magazine identified Benmosche as one of the insurance industry's "Tech-Savvy CEOs" in 2010. [36] Benmosche ranked 42nd in Fortune magazine's Top 50 Business Leaders of 2010. [37] The New York Times DealBook Andrew Ross Sorkin named Benmosche “2010 Executive of the Year”. [38]