Friday, May 01, 2009

 

AIG’s P&C Arm Eager to Split, New Name in Question

American International Group's property-casualty division is moving swiftly to break ties with its parent company, setting itself up to be a stand-alone company, said AIG Chief Executive Edward Liddy.

But the name the spun-off company will go by is still in question.

"AIU Holdings, or whatever name it finally becomes, will live to fight another day," said Liddy in an interview with Reuters on Wednesday...

I&T: AIG’s P&C Arm Eager to Split, New Name in Question

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