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Rethinking the role of boards in the cyber age

... . Indeed, AIG sees cybercrime as one of the most pressing threats facing boards today. Nowhere does cybercrime represent more of a risk than in Asia, particularly in China. A November 2016 survey by P ...More

EJ Insight2017-02-07

AIG bows to activist investor Carl Icahn

...  Capital. AIG chief executive Peter Hancock and chairman Doug Steenland are seeking to assuage Icahn after presiding over two straight unprofitable periods, including a fourth-quarter loss of US$1.84 ...More

EJ Insight2016-02-12

Fed approves rule to limit its bailout power

... al Group (AIG) and others during the 2008 financial crisis. The new rule is designed to help end the notion of individual financial companies being "too big to fail," by allowing the Fed to rescue onl ...More

EJ Insight2015-12-01

Greenberg wins 2008 bailout fight but no damages awarded

... tment" of AIG compared to other institutions it bailed out, but that shareholders ultimately benefited from the rescue. "In the end, the Achilles' heel of Starr's case is that, if not for the governme ...More

EJ Insight2015-06-16

Is the next financial crisis coming soon?

... at of the AIG case in 2009 and trigger a new and broader financial crisis. The article appeared in the Hong Kong Economic Journal on March 13 Translation by Julie Zhu [Chinese verison 中文版] -- Contact ...More

EJ Insight2015-05-14

AIG rebound architect quitting after five years

Robert “Steve” Miller plans to step down in July as chairman of American International Group Inc. after five years in the role. AIG directors have yet to decide on a replacement but the next outside c ...More

EJ Insight2015-03-31

Will Li Ka-shing's move into aircraft leasing pay off?

... oup Inc. (AIG). Currently, the financing costs for aircraft leasing is roughly Libor plus 400 to 500 basis points, and companies can earn around 8 to 10 percent interest by leasing aircraft. Leasing p ...More

EJ Insight2014-12-10

AIG claws back US$2 bln from banks on crisis loan bonds

American International Group (AIG) has recovered more than US$2 billion from banks in settlements for soured mortgage bonds that nearly caused the collapse of the world’s biggest insurer during the 20 ...More

EJ Insight2014-07-21

Greenberg group lifts Dazhong Insurance stake to 93%, WSJ says

The Starr Group, which is led by Maurice "Hank" Greenberg, the former chief executive of American International Group Inc. (AIG), has taken control of Dazhong Insurance, in what is said to be first fo ...More

EJ Insight2014-03-19

Revenue forecast lifts most gambling plays to record highs

... d insurer AIG Group (01299.HK) climbed 2.2 percent on the day. China Central Huijin Investment, the central government's investment arm, raised its A-share stakes in the mainland's four big banks -- B ...More

EJ Insight2013-12-17

AIG opens new branch in Zhejiang, Yicai says

American International Group Inc. (AIG), the largest foreign property insurance company in China, has launched a new branch in the eastern Zhejiang province, news portal Yicai.com reported late Sunday ...More

EJ Insight2013-11-04

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