AIG profit beats estimates, boosts buyback by $5 billion

Last Updated: Tuesday, August 4, 2015, 04:39

American International Group Inc , the largest commercial insurer in the United States and Canada, reported a quarterly operating profit that breezed past analysts` estimates, and boosted its share buyback by up to $5 billion.

AerCap buys AIG`s aircraft leasing arm

Last Updated: Monday, December 16, 2013, 23:40

AerCap will pay AIG $3.0 billion in cash and give it 97.6 million in shares, a 46 percent stake in AerCap worth $2.4 billion at the closing price of $24.93 on Friday.

Internal accruals alone enough to fund growth: Tata AIG

Last Updated: Friday, November 22, 2013, 21:36

The company, which received a capital infusion of around Rs 55 crore last year, has shown underwriting profit in the first half of the fiscal.

Tata AIG posts 17.3% rise in premium collection to Rs 1,277 cr

Last Updated: Tuesday, November 19, 2013, 18:34

Gross written premium (GWP) of the general insurer stood at Rs 1,094 crore in the same period of previous fiscal.

Tata AIG hopeful of 15-16% growth this year

Last Updated: Monday, November 18, 2013, 20:59

Tata AIG General Insurance is a joint venture between Tata and the US-based insurer-AIG.

Tata AIG hopes to log underwriting profit this fiscal

Last Updated: Sunday, March 24, 2013, 14:16

According to the company, it had an underwriting profit of Rs 52 crore in the first nine months of the current fiscal that excludes the third party motor pool segment.

Tata AIG hopes to log underwriting profit this fiscal

Last Updated: Sunday, March 24, 2013, 13:28

Tata AIG General Insurance is a joint venture between the Tatas and the US-based insurer AIG in where the Indian conglomerate holds the majority 74 percent stake.

Tata AIG Gen introduces claim approval service within 4 hrs

Last Updated: Sunday, January 20, 2013, 14:00

The private insurer is relatively a new entrant into the health space and launched its first product in the segment around 10 months ago.

Judicial remand in AIG assault case

Last Updated: Monday, December 31, 2012, 18:13

The three accused in the assault case of a police officer here were remanded to 14 days judicial custody by a local court here.

Amarinder asks Punjab CM Badal to sack Majithia

Last Updated: Thursday, December 27, 2012, 19:38

Punjab Congress President Capt Amarinder Singh asked CM Parkash Singh Badal to sack Revenue Minister Bikram Singh Majithia to convey strong message that lawlessness will not be tolerated in the state.

US Treasury to receive $5.75 bn from AIG stock sale

Last Updated: Tuesday, August 7, 2012, 12:56

In a statement Monday, the Treasury said underwriters have exercised their over-allotment option in full to purchase approximately 24.6 million additional shares of AIG common stock at the public offering price of USD 30.5 per share, Xinhua reported.

India's pension mkt to be Rs 20 lakh cr by 2015: Assocham

Last Updated: Sunday, July 22, 2012, 11:06

Low pension coverage and large workforce in the unorganised sector also provides massive opportunities for private sector and foreign players to enter the pension market in India.