AIG Provides Supplemental Materials Relating to January 26 Strategy Update
February 01 2016 - 4:37PM
Business Wire
American International Group, Inc. (NYSE:AIG) today is providing
supplemental materials on the benefits of diversification, the
value of its deferred tax assets (DTA) and the
regulatory environment in relation to the company’s
designation as a non-bank SIFI.
Since announcing its strategic update on January 26, AIG
has engaged with its shareholders and it is providing the
supplemental information to address questions they have raised.
The supplemental materials, which confirm information previously
provided, are:
- A presentation by consulting
firm Oliver Wyman describing and quantifying the
benefits of diversification;
- Additional slides on the DTA and a
memorandum by Sullivan & Cromwell LLP with
respect to the DTA; and
- An overview by the Company of
AIG’s regulatory environment as it relates
to its non-bank SIFI status.
Douglas M. Steenland, AIG Non-Executive Chairman of the Board,
said: “Our Board of Directors and management are fully aligned
behind the strategy outlined on January 26. We look forward to
continued discussions with our shareholders on the strategy we have
advanced.”
The supplemental information will be available on
www.aig.com/strategy-update as well as furnished with the SEC and
included in the updated investor presentation.
Additional information about AIG can be found at www.aig.com |
Twitter: @AIGinsurance | LinkedIn:
http://www.linkedin.com/company/aig.
American International Group, Inc. (AIG) is a leading global
insurance organization serving customers in more than 100 countries
and jurisdictions. AIG companies serve commercial, institutional,
and individual customers through one of the most extensive
worldwide property-casualty networks of any insurer. In addition,
AIG companies are leading providers of life insurance and
retirement services in the United States. AIG common stock is
listed on the New York Stock Exchange and the Tokyo Stock
Exchange.
AIG is the marketing name for the worldwide property-casualty,
life and retirement, and general insurance operations of American
International Group, Inc. For additional information, please visit
our website at www.aig.com. All products and services are written
or provided by subsidiaries or affiliates of American International
Group, Inc. Products or services may not be available in all
countries, and coverage is subject to actual policy language.
Non-insurance products and services may be provided by independent
third parties. Certain property-casualty coverages may be provided
by a surplus lines insurer. Surplus lines insurers do not generally
participate in state guaranty funds, and insureds are therefore not
protected by such funds.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160201006326/en/
American International Group, Inc.Liz Werner (Investors),
212-770-7074elizabeth.werner@aig.comorJon Diat (Media),
212-770-3505jon.diat@aig.comorJennifer Hendricks Sullivan (Media),
212-770-3141jennifer.sullivan@aig.com
American (NYSE:AIG)
Historical Stock Chart
From Aug 2024 to Sep 2024
American (NYSE:AIG)
Historical Stock Chart
From Sep 2023 to Sep 2024