American International Group, Inc. (AIG) Financial News - A.I.G. Names New Treasurer

American International Group, Inc. (AIG)

A.I.G. Names New Treasurer

Keywords: Executives and Management,American International Group Inc,Schreiber Brian T.
Quote: The American International Group announced Monday that Brian T. Schreiber, its executive vice president for Treasury and capital markets, had been named to the additional role of the insurer’s treasurer.Mr. Schreiber succeeds Robert A. Gender, A.I.G’.s treasurer since 2005. Mr. Schreiber was closely involved in working with the federal government on A.I.G.’s multibillion-dollar bailout in late 2008. said in a statement. “In his new role, Brian will be working closely with me as we execute on our capital management goals.” Mr. Schreiber joined A.I.G. in 1997 as a portfolio manager in the company’s asset management group. He was named vice president for strategic planning in 2002, senior vice president in 2003 and executive vice president for Treasury and capital markets last year....
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American International Group, Inc. Stock Summary

American International Group, Inc., through its subsidiaries, provides insurance and financial services in the United States and internationally. It operates in four segments: General Insurance, Life Insurance and Retirement Services, Financial Services, and Asset Management. The General Insurance segment underwrites various business insurance products, including large commercial or industrial property insurance, excess liability, inland marine, environmental, workers? compensation, and excess and umbrella coverages. It also offers various specialized forms of insurance, such as aviation, accident and health, equipment breakdown, directors and officers liability, difference-in-conditions, kidnap-ransom, export credit and political risk, and professional errors and omissions coverages. In addition, this segment provides property and casualty reinsurance products to insurers; automobile insurance products; residential mortgage guaranty insurance products; and commercial and consumer lines of insurance products. The Life Insurance and Retirement Services segment offers individual and group life, payout annuities, endowment, and accident and health policies, as well as retirement savings products consisting of fixed and variable annuities. The Financial Services segment provides commercial aircraft and equipment leasing, capital market operations, consumer finance, and insurance premium financing. The Asset Management segment offers investment-related services and investment products to individuals, pension funds, and institutions. The company was founded in 1967 and is based in New York, New York.