As part of our Life Insurance Division, AIG Direct is trusted by over a million families. We’ve focused on helping Americans secure life insurance at affordable prices since 1995, providing valuable and in-depth life insurance information that helps you protect your loved ones. With our direct...
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American International Group (AIG) is headquartered in New York and comprises several companies, including AIG Direct, American General Life Companies, VALIC and Corebridge Financial — the subsidiary that handles its health, accident and life insurance policies among other financial products. We at...
The article reports that insurer American International Group (AIG) has sought to sell securities backed by life insurance policies on older people. AIG holds policies that entitle it to some $18 billion in future death benefits. Within the industry it is generally not considered a good idea to...
The addition of the Star and Edison operations solidifies Prudential’s status as the top foreign life insurance company in Japan based on in-force policy values. The policies and rights of Star and Edison customers will not be affected by this transaction. Star and Edison will now operate ...
AIG will create new entities that own the rights to the cash flows from certain blocks of life insurance policies. The New York Fed will loan these entities $8.5 billion, which AIG will turn around and use to pay down the credit line. The $8.5 billion will be paid back (or not) by ...
At AIG, we truly believe in creating a culture that reflects the changes we see—and hope to see more of—in the world around us. One where everyone is accepted and celebrated for who they are and what they want to become. And one where racism and all forms of discrimination will never...
Analyzed the company’s competitive set in life insurance and travel insurance to determine how aggressive or passive the company’s current rates were compared to the market Assisted in the sales of insurance policies Performed duties related to client retention for the companies ...
AIG says it has written more than 81 million life-insurance policies, with a face value of $1.9 trillion. It covers roughly 180,000 small businesses and other corporate entities, which employ approximately 106 million people. That makes AIG America's largest life and health insurer; second...
Former Federal Reserve Chairman Ben Bernanke reported that the $182 billion bailouts of the American International Group made him angrier than anything else in the recession. Bernanke said that AIG took risks with unregulated products like ahedge fundwhile using cash from people's insurance policies....