NYSE:AIG

AIG Announces Strategic Partnerships with BlackRock to Manage Certain AIG and Life & Retirement Assets

Retrieved on: 
Monday, March 28, 2022
Banking, Professional Services, Insurance, Finance, BlackRock, Life, Retirement, International Group, NYSE, Timeline of Apple Inc. products, Language, Technology, American International Group, BLK, Aladdin, Policy, AIG, New, Financial services, Public relations, AIG, BLACKROCK

American International Group, Inc. (NYSE: AIG) and BlackRock, Inc. (NYSE: BLK) today announced significant partnerships where certain liquid fixed income and private placement assets will be managed by BlackRock.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) and BlackRock, Inc. (NYSE: BLK) today announced significant partnerships where certain liquid fixed income and private placement assets will be managed by BlackRock.
  • The arrangements contemplate BlackRock managing up to $60 billion of the global AIG investment portfolio and up to $90 billion of the Life & Retirement investment portfolio.
  • Additionally, BlackRocks Aladdin platform will provide investment management technology for both AIG and Life & Retirement.
  • This is another important milestone as our momentum continues toward the separation of our Life & Retirement business and future state of AIG.

AIG Life & Retirement Receives Industry Recognition for Annuity Service Excellence

Retrieved on: 
Wednesday, March 23, 2022
Finance, Seniors, Consumer, Professional Services, Insurance, Life, Retirement, International Group, American International Group, Timeline of Apple Inc. products, FINRA, Language, American, VALIC, Review, Income, Policy, AIG, New, Insurance, City, Financial adviser, Financial services, AIG LIFE & RETIREMENT, AIG

AIG Life & Retirement earned DALBARs #1 ranking for variable annuity statements for the 21st consecutive year with DALBAR highlighting the new anniversary statements that AIG Life & Retirement launched last year to help financial professionals and their clients review and manage annuity income guarantees.

Key Points: 
  • AIG Life & Retirement earned DALBARs #1 ranking for variable annuity statements for the 21st consecutive year with DALBAR highlighting the new anniversary statements that AIG Life & Retirement launched last year to help financial professionals and their clients review and manage annuity income guarantees.
  • Additionally, AIG Life & Retirement won the Annuity Service Award for the 15th year in a row and was one of only two annuity providers this year to receive this recognition for the quality of their call center service.
  • At AIG Life & Retirement, we are united in keeping our customers and distribution partners at the center of everything we do, said Patchen Uchiyama, Chief Customer Officer, Individual Retirement, AIG Life & Retirement.
  • DALBARs comprehensive assessment of AIG Life & Retirement included its annuity service center , websites for individuals and financial professionals , annuity statements and mobile.

John Rice, Retired Vice Chairman of GE and former President and Chief Executive Officer of the GE Global Growth Organization, Joins AIG’s Board of Directors

Retrieved on: 
Wednesday, March 16, 2022
Professional Services, Insurance, Finance, Non-executive director, Language, Board of directors, Multimedia, American International Group, Vice, International Group, Life, Board, General Electric, AIG, Timeline of Apple Inc. products, NYSE, GE, New, Policy, Retirement, Management

Mr. Rice, 65, is the retired Chairman of GE Gas Power and former President and Chief Executive Officer of the GE Global Growth Organization.

Key Points: 
  • Mr. Rice, 65, is the retired Chairman of GE Gas Power and former President and Chief Executive Officer of the GE Global Growth Organization.
  • View the full release here: https://www.businesswire.com/news/home/20220316005836/en/
    John has significant experience and expertise leading complex, global organizations, particularly in jurisdictions outside the United States, and will add unique and diverse insights to our Board, said Peter Zaffino, Chairman & Chief Executive Officer, AIG.
  • Prior to these roles, Mr. Rice was President and Chief Executive Officer of the GE Global Growth Organization for seven years.
  • Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

AIG Life & Retirement and Annexus Launch X5 Accelerator Annuity, Powerful New Opportunity to Increase Income in Retirement

Retrieved on: 
Monday, March 7, 2022
Professional Services, Insurance, Finance, Risk, American International Group, Product, Accelerator, Running, Life, Policy, Accounting, Contract, Income, Disclosure, Language, Solution, Growth, NYSE, International Group, Company, Tax, Individual retirement account, PIMCO, Retirement, Nature, City, AIG, AGL, Morgan Stanley, New, Insurance, MSIM, Timeline of Apple Inc. products, Partnership, FINRA, Acceleration, VALIC, Health insurance, Life insurance, Financial adviser, Index, American, Annexus, AIG Life & Retirement, AIG, Annexus, AIG Life & Retirement, AIG, ANNEXUS, AIG LIFE & RETIREMENT, AIG

AIG Life & Retirement, a leading provider of annuities, today announced the launch of the X5 Accelerator AnnuitySM in partnership with Annexus, an innovator in delivering retirement solutions to the marketplace.

Key Points: 
  • AIG Life & Retirement, a leading provider of annuities, today announced the launch of the X5 Accelerator AnnuitySM in partnership with Annexus, an innovator in delivering retirement solutions to the marketplace.
  • The newest addition to the X5 suite of index annuities, X5 Accelerator is a powerful accumulation and income solution with an innovative design that emphasizes income growth from the outset to help consumers generate more income for retirement.
  • X5 Accelerator offers consumers a valuable head start on their retirement planning with an immediate bonus and a strong multiplier, said Bryan Pinsky, President, Individual Retirement, AIG Life & Retirement.
  • AIG Life & Retirement brings together a broad portfolio of protection, retirement savings, investment and lifetime income solutions to help people achieve financial and retirement security.

AIG Commits to Net Zero Greenhouse Gas (GHG) Emissions Across its Underwriting and Investment Portfolios by 2050

Retrieved on: 
Tuesday, March 1, 2022
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American International Group, Inc. (NYSE: AIG) today announced a commitment to achieve Net Zero greenhouse gas (GHG) emissions across its global underwriting and investment portfolios by 2050, or sooner.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced a commitment to achieve Net Zero greenhouse gas (GHG) emissions across its global underwriting and investment portfolios by 2050, or sooner.
  • This new commitment complements AIGs already announced commitment to achieve Net Zero GHG emissions by 2050, or sooner, within its own operations.
  • We are committed to a transparent journey toward sustainability advancement, said Constance Hunter, Executive Vice President, Global Head of Strategy and ESG.
  • We are having constructive discussions with all our stakeholders on this important issue and look forward to reporting progress.

AIG Life & Retirement Announces Collaboration with Greater Houston Area High Schools and HBCUs

Retrieved on: 
Wednesday, February 23, 2022
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AIG Life & Retirement, a division of American International Group, Inc. (NYSE: AIG), today announced the kick-off of a community-based program created to support and provide financial education and career opportunities for students at Historically Black Colleges and Universities (HBCUs) and high schools in the Greater Houston area.

Key Points: 
  • AIG Life & Retirement, a division of American International Group, Inc. (NYSE: AIG), today announced the kick-off of a community-based program created to support and provide financial education and career opportunities for students at Historically Black Colleges and Universities (HBCUs) and high schools in the Greater Houston area.
  • A pilot program for this initiative began last fall through a collaboration with EVERFI, a leading social impact education innovator, and public high schools throughout Harris County, Texas.
  • AIG Life & Retirement brings together a broad portfolio of protection, retirement savings, investment and lifetime income solutions to help people achieve financial and retirement security.
  • AIG Life & Retirement includes AIG member insurance companies American General Life Insurance Company (Houston, TX), The United States Life Insurance Company in the City of New York, and The Variable Annuity Life Insurance Company (VALIC), Houston, TX as well as their affiliates.