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AIG

AIG
AIG
American International Group dates back to 1919, when American Asiatic Underwriters was founded in Shanghai, expanding through the region, and opening a US office in 1926 and shifting its head office to New York in 1939. It received a US$85 billion bailout in 2008. It subsequently sold assets to raise cash, including its Hong Kong arm, AIA Group, which subsequently raised more than US$20 billion in an IPO.

Update | US insurance giant AIG offers stake in Chinese insurer PICC for sale; AIG under pressure to split 3 ways from Carl Icahn

AIG picks Hong Kong-raised Hancock as chief executive

US risk council designates AIG, GE Capital for tougher oversight

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Barclays Bank

Chinese investors buy 80pc of AIG plane unit for US$4.2b

A Chinese group agreed to buy 80.1 per cent of American International Group’s plane-leasing unit for US$4.23 billion in the nation’s largest acquisition of a US company.

Opinion | The very curious case of the disappearing reinsurance deal

The very curious case of the disappearing reinsurance deal
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