AIG names new CEO, breaks up its insurance business

📆 27/10/2020 05:26:00
📰 BusinessTimes

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

[NEW YORK] Global insurer AIG announced a multi-part shake up on Monday, naming a new CEO and splitting its business in two. Read more at The Business Times.

Mr Zaffino said the decision came after a long review.

Once the world's largest insurer, AIG was teetering on the verge of collapse under tens of billions of dollars of souring, unhedged derivatives contracts in September 2008 when it sought liquidity from the New York Fed.

Scrivi un Commento

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

AIG plans to separate life and retirement business unit, names new CEOREUTERS: Insurer American International Group Inc said on Monday it plans to separate its life and retirement business unit from the parent company.
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »