WWW - Posts tagged Chartis at BloggingStocks

Chartis posts

After Christchurch, Assessing AIG's Risk to Earthquakes

Posted Mar 2nd 2011 3:00PM by Trefis (RSS feed)
Filed under: Amer Intl Group (AIG)

AIG (AIG) is a leading international insurance organization with operations in more than 130 countries. It provides life insurance, health insurance, auto and home insurance, retirement solutions and investment plans. It competes with other established insurance companies like MetLife (MET), The Hartford (HIG) and Prudential (PRU).

We have a price estimate of $30.36 on AIG's stock which is about 24% below the current market price.

Continue reading After Christchurch, Assessing AIG's Risk to Earthquakes

AIG Puts Off Chartis IPO

Posted Dec 24th 2009 10:00AM by Tom Johansmeyer (RSS feed)
Filed under: Berkshire Hathaway (BRK.A), Amer Intl Group (AIG), Federal Reserve

American International Group (AIG) is holding onto its property/casualty division for a while. It originally planned to unload 20% of Chartis (formerly named AIU) via an initial public offering or through a private transaction involving institutional investors.

But CEO Robert Benmosche is concerned that he'd be giving up the operating unit at discount prices. Selling cheap to repay the government won't benefit anybody – not even taxpayers – so he's waiting until an appropriate price can be fetched.

Continue reading AIG Puts Off Chartis IPO