AIG COMPANY INSURANCE
AIG Subsidiary Purchases Arch's U.S. Ocean Marine Business Business Wire via Yahoo! Finance NEW YORK----The AIG Companies have announced that a wholly owned subsidiary of American International Group, Inc. has purchased the U.S. Ocean Marine business from Arch Insurance Company. Global insurer AIG launches new Takaful venture, AIG Takaful AME Info Recognising the diversity and growth of the Takaful insurance market, international insurance leader AIG launched AIG Takaful today, a regional company headquartered in Bahrain, providing Shariah compliant insurance solutions (Takaful). AIG Takaful launched AME Info International insurance firm AIG has launched AIG Takaful, a regional company headquartered in Bahrain, providing shariah compliant insurance solutions. AIG Takaful will provide a range of products including accident and health, motor, personal contents and property cover. AIG enters the market for Islamic insurance International Herald Tribune American International Group, the world's largest insurer, is the latest company to offer policies that comply with Islamic principles in a bid to win new customers from among the world's 1.6 billion Muslims. Insurance firm launches regional unit in Bahrain Gulf Daily News MANAMA: International insurance company AIG launched AIG Takaful yesterday, a regional company headquartered in Bahrain, providing Sharia-compliant insurance solutions. AIG, state ink $14M settlement The Business Journal of Jacksonville The state has made a multimillion-dollar settlement with AIG Insurance Co. to settle charges the company failed to justify rates or used excessive and unfairly discriminatory rates on coverage required by the federal Terrorism Risk Insurance Act. Liverpool Victoria signs BPO deal with Indian outsourcer Computer Weekly Insurance company Liverpool Victoria has signed a business process outsourcing deal with Indian firm 3i Infotech, to overhaul its general insurance system in an attempt to improve operational performance. Insurance companies restrict coverage in more coastal areas Belleville News-Democrat Whether you believe that the world's climate is changing or not, natural disasters such as Hurricane Katrina are sending insurance premiums through whatever is left of the roof. Premier hails growth drive Gulf Daily News MANAMA: Prime Minister Shaikh Khalifa bin Salman Al Khalifa yesterday hailed the drive of leading banking and insurance companies to make Bahrain their headquarters and hub for regional operations. AIG’s VALIC Ordered to Refund $3.7 Million by Federal Court PR Web via Yahoo! News CHICAGO, IL (PRWEB) September 27, 2006 -- The Variable Annuity Life Insurance Company (VALIC), a Houston, Tx. based unit of American International Group, Inc. (AIG), has been ordered by a federal court to refund more than $3.7 million to a Chicago real estate development firm for unjust loan prepayment penalty fees it had previously paid, it was announced here today.
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