Tag: AIG

AIG Women’s Open Purse up 26 Percent, Winner Receives $1.1M

August 4, 2022
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The winner of the AIG Women’s Open on Sunday will earn $1.095 million, the Royal and Ancient Golf Club announced Wednesday. The overall purse for the event at Muirfield in Gullane, Scotland, has increased to $7.3 million, which is an increase of approximately 26 percent from the $5.8 million total of last year. “Progress in…

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World Number One Nelly Korda Tees Off Alongside Hataoka and Hull at AIG Women’s Open

August 17, 2021
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World number one Nelly Korda will begin her quest for a second major title alongside Japan’s Nasa Hataoka and England’s Charley Hull in the opening two rounds of the AIG Women’s Open at Carnoustie, Scotland, this week. The 23-year-old American, who claimed gold at the Tokyo Olympics earlier this month, is aiming to win her…

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AIG to Sell Life and Retirement Unit Stake to Blackstone, Another With IPO

July 15, 2021
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American International Group Inc plans to use an IPO to sell part of its life and retirement business, while Blackstone Group Inc agreed to buy a sizeable stake, according to a person familiar with the matter. AIG and Blackstone said on Wednesday the private equity firm would pay $2.2 billion in cash for 9.9 percent…

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Insurer AIG to Pay $12 Million Fine for NY Pension Transfers

February 1, 2021
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American International Group (AIG) agreed on Monday to pay a $12 million civil fine to settle charges that it conducted life insurance business in New York without a license. The settlement is the second in a probe by the New York State Department of Financial Services (NYDFS) into an industry in which life insurers take…

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