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AIG won't join a shareholder lawsuit against the US government

...focusing on its core insurance operations and repaying the government's bailout cash.The insurer spun off Asian life insurer AIA Group in Hong Kong's biggest initial public offering in 2010, raising $20 billion, which was used to pay bailout...

http://chronicle.augusta.com/news/business/2013-01-09/aig-wont-join-shareholder-
Bailout rumors toy with stocks

...Treasury Department said only life insurers that own banks or saving and loans...two of the nation's largest life insurers, and several others applied to...U.S. insurer Transamerica. Life insurers, which have more than $5 trillion...

http://chronicle.augusta.com/stories/2009/04/09/bus_517803.shtml
Business
AIG sells Alico unit to MetLife

...billion.On March 1, AIG agreed to sell Asia-based life insurer, AIA Group, to Britain's Prudential PLC for $35...Korea, Chile and in Mexico, where it is the largest life insurer.Henrikson said he didn't consider a purchase of...

http://chronicle.augusta.com/news/business/2010-03-08/aig-sells-alico-unit-metli
Business
Symetra offering may overshadow 5 other IPOs

...Buffett getting most of the attention. Buffett's Berkshire Hathaway Inc. holds a sizable stake in Bellevue, Wash. life insurer Symetra Financial Corp., which hopes to raise about $351 million in its initial public offering. Symetra, which...

http://chronicle.augusta.com/stories/2010/01/21/bus_564020.shtml
Business
MetLife purchasing Travelers Life from Citigroup

...two companies, both based in New York, said in a statement that the deal will make MetLife "the largest individual life insurer in North America, based on sales." In addition to buying Travelers Life, MetLife also is acquiring almost all of...

http://chronicle.augusta.com/stories/2005/02/01/bus_441477.shtml
Business
Parents can teach their children a lot about personal finance

...finance is discussed are more successful in handling money as adults," said Meridee Maynard, a vice president at life insurer Northwestern Mutual in Milwaukee. "The earlier parents start working with their kids, the better," she said. There's...

http://chronicle.augusta.com/stories/2004/04/11/fin_411752.shtml
Finance
Viagra: Who needs it and how often?

...their patients really do need the impotence pill and are not just would-be Casanovas looking to spice up their sex lives. Insurers also are being forced to answer this tricky question: How much sex is enough? Because Viagra is a use-it-as-you-need-it...

http://chronicle.augusta.com/stories/1998/04/30/ent_227077.shtml
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Company offers life insurance to people with HIV

...that while this is the first, there will be others," said Ken Vest of the Washington-based American Council of Life Insurers, an industry group. "It fills a need." State Farm and Allstate, two of the nation's largest insurers, said...

http://chronicle.augusta.com/stories/1997/04/16/biz_206857.shtml
XXX Bizarre
Business briefs

...Prudential Insurance Co. of America. An accounting firm has said the settlement could cost the nation's largest life insurer up to $2 billion. As many as 10.7 million policyholders who bought Prudential policies from 1982 to 1995 may qualify...

http://chronicle.augusta.com/stories/1997/03/11/biz_205147.shtml
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AIG to sell Asian life insurer to repay bailout

American International Group Inc. is selling a cornerstone of its business, Asia-based life insurer AIA Group, in a government-approved $35.5 billion deal. The sale to British insurer Prudential PLC could reduce by nearly...

http://chronicle.augusta.com/news/business/2010-03-01/aig-sell-asian-life-insure
Business