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AIG, opts for new acquisitions

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Magazine Issue: 
Africa, Middle East: volatile insurance markets [3]
Magazine date: 
Jun 2017

Speaking at the annual general meeting of the American International Group (AIG), held on June 28, 2017 in New York, Brian Dupperreault's, the new CEO, says he is willing to slow down the pace of share buybacks to focus on new acquisitions opportunities.

The plan initiated two years ago by the former CEO Peter Hancock consisted in paying 25 billion USD to shareholders. To-date, AIG has disbursed 18.1 billion USD of this amount.

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Wed, 05/07/2017 - 13:28

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