NEW YORK--(BUSINESS WIRE)--Nov. 23, 2015--
American International Group, Inc. (NYSE:AIG) today issued the following
statement:
AIG has taken numerous steps to streamline its businesses, narrow focus,
improve financial performance and return capital to shareholders as
discussed on the third quarter earnings call on Tuesday, November 3,
2015.
The company intends to take additional actions to further accelerate its
previously announced strategy. AIG will communicate these actions and
provide an update on its continuous and proactive steps to drive
shareholder value to the financial community in the near term and in
advance of the fourth quarter earnings report.
AIG maintains an active dialogue with shareholders, including Carl
Icahn. As previously stated, Management and the Board have carefully
reviewed a separation of AIG’s businesses on many occasions, including
in the recent past, and have concluded it did not make financial sense.
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.
Additional information about AIG can be found at www.aig.com
| YouTube: www.youtube.com/aig
| Twitter: @AIGinsurance | LinkedIn: http://www.linkedin.com/company/aig
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/20151123005788/en/
Source: American International Group, Inc.
American International Group, Inc.
Investors
Liz Werner,
212-770-7074
elizabeth.werner@aig.com
or
Media
Jon
Diat, 212-770-3505
jon.diat@aig.com
or
Media
Jennifer
Hendricks Sullivan, 212-770-3141
jennifer.sullivan@aig.com