American International Group will speed up its sell of stakes in Met Life
Submitted by John Binz on Wed, 03/02/2011 - 08:06
American International Group (AIG. N), the bailed-out insurer will be selling off its stake in MetLife Inc (MET. N) way before the expected time speeding up its debt payment to the U. S. government and giving MetLife more powering dealing with the firm’s share.
$15.5 Billion Deal Expected to be a Boost for MetLife
Submitted by Dominic Haber on Mon, 03/08/2010 - 23:33
A $15.5 billion deal has been planned by MetLife Inc. for the acquisition of American International Group Inc.'s second best life-insurance business, as per the announcement that was made on Monday. Following delays due to tax concerns, this deal was finally tailored. AIG is selling this business in order to collect funds as it has to pay back a bailout to U. S. Government.
AIG appoints ex-chief of MetLife as its new CEO
Submitted by Aaron Ross on Tue, 08/04/2009 - 08:40
Bailed-out insurance giant, American International Group inc. has appointed Robert H. Benmosche as its new chief executive officer.
Mr. Benmosche, 65, a former chief of MetLife is going to succeed Mr. Edward Liddy as CEO.
Mr. Benmosche will take on the new responsibility on August 10.
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