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In 1953, American General hired life insurance veteran Benjamin N. Woodson as president. Woodson previously served at Mutual Trust Life Insurance Company, the National Association of Life Underwriters, and various other roles. Woodson would eventually succeed Wortham as CEO of the company in 1972 where he remained until retiring in 1978. [7]
In March 2003 American General merged with Old Line Life Insurance Company. [37] In the early 2000s, AIG made significant investments in Russia as the country recovered from the 1998 Russian financial crisis. In July 2003, Maurice Greenberg met with Putin to discuss AIG's investments and improving U.S.-Russia economic ties, in anticipation of ...
The Holdings of American International Group include the operating entities and subsidiaries of insurance conglomerate American International Group (AIG) that operates in over 130 countries. [1] The company's business consists of four core areas: General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management. [2]
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He moved with his father to Houston and opened John L. Wortham and Son, an insurance agency. Eleven years later he founded the American General Insurance Company with Jesse H. Jones, James A. Elkins, and John W. Link. [2] American General was acquired by American International Group on August 29, 2001. [1]
Home State Life Insurance Company was an American insurance company based in Oklahoma that operated from 1929 to 1958, when it became part of American General Life Insurance Company. Prior to its acquisition it grew to become one of the largest firms serving Oklahoma City.
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