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In 2020, AIG announced plans to perform the spin-off with a 2022 IPO. In July 2021, the company announced that Blackstone Group would acquire 9.9% of the new unit for $2.2 billion cash. Blackstone and AIG also entered a long-term asset management agreement for about one quarter of AIG's life and retirement portfolio, set to increase in ...
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. [6] As of 2023, AIG employed 25,200 people. [2] The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary.
AIG Financial Products Corporation (AIGFP) is a subsidiary of the American International Group, headquartered in New York, New York, with major operations in London. The collapse of AIG Financial Products, headquartered in Wilton, Connecticut , is considered to have played a pivotal role in the global financial crisis of 2008–2009 .
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BlackRock's Aladdin platform will provide investment management technology for both AIG as well as the life and retirement unit, the insurer said. ... In July, AIG had sold a 9.9% equity stake in ...
That changed some on September 5 as its divested part of its asset management operation for. The process that AIG (AIG) has gone through to sell businesses to help pay back nearly $180 million in ...
The American General Center is a complex of several office buildings in Neartown Houston, Texas located along Allen Parkway. [1] [2] It is the global headquarters for Corebridge Financial, formerly American General.
Tata AIG General Insurance Company, which started its operations in India on 22 January 2001, provides insurance to individuals and corporates. It offers a range of general insurance products including insurance for automobile , home , personal accident, travel , energy, marine , property and casualty as well as specialized financial lines.