Tuesday, July 28, 2009
AIG Sells Life Insurance Premiums Finance Business
Insurer American International Group Inc. said on Tuesday that it closed the sale of its life insurance premium finance business for $679.5 million in cash.
AIG sold a majority of the U.S. life insurance premium finance portfolio of AIG Credit Corp. and A.I. Credit Consumer Discount Co. to First Insurance Funding Corp., a subsidiary of Wintrust Financial Corp. of Lake Forest, Ill.
AIG Sells Life Insurance Premiums Finance Business
Source: Google News/Associated Press
AIG sold a majority of the U.S. life insurance premium finance portfolio of AIG Credit Corp. and A.I. Credit Consumer Discount Co. to First Insurance Funding Corp., a subsidiary of Wintrust Financial Corp. of Lake Forest, Ill.
AIG Sells Life Insurance Premiums Finance Business
Source: Google News/Associated Press
Permalink posted by armandn @ 12:47 PM 
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