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AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON FEBRUARY 20, 1998.
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES
EXCHANGE ACT OF 1934
Filed by the Registrant [ ]
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Check the appropriate box:
[ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission
Only (as permitted by Rule 14A-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Section 240.14a-11(c) or Section 240.14a-12
AMERICAN BANKERS INSURANCE GROUP, INC.
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(Name of Registrant as Specified in its Charter)
AMERICAN INTERNATIONAL GROUP, INC.
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(Name of Person(s) Filing Proxy Statement if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
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On February 19, 1998, American International Group, Inc. issued the
following Press Release:
[AIG LOGO] AMERICAN INTERNATIONAL GROUP, INC.
70 Pine Street New York, New York 10270
NEWS
Contact: Joe Norton
Director of Public Relations
(212) 770-3144
AIG APPLAUDS RULING BY FLORIDA DEPARTMENT OF INSURANCE
IN AMERICAN BANKERS MATTER
NEW YORK, February 19, 1998 - American International Group, Inc. (AIG)
has announced that the Florida Department of Insurance today denied Cendant's
motion to consolidate review of Cendant's application to take over American
Bankers Insurance Group, Inc. with the application filed by AIG. AIG is
pleased with this decision, which recognizes the different considerations
involved in the review process for the two applications.
# # #
AIG is the leading U.S.- based international insurance organization and
among the largest underwriters of commercial and industrial insurance in the
United States. Its member companies write property, casualty, marine, life and
financial services insurance in approximately 130 countries and jurisdictions,
and are engaged in a range of financial services businesses. American
International Group, Inc.'s common stock is listed on the New York Stock
Exchange, as well as the stock exchanges in London, Paris, Switzerland and
Tokyo.