AIG’s European Restructuring Gets Nod in Final Step of Brexit Preparations

Article 0 Comments American International Group, Inc. announced its European subsidiary, AIG Europe Ltd. (AEL) has received approval from the High Court of England & Wales to transfer its business into two new entities: American International Group UK Ltd. (AIG UK) and AIG Europe SA (AESA) in preparation for the […]

AIG Appoints Aspen Re’s Lillelund as CEO of AIG Europe in Luxembourg

Article 0 Comments American International Group, Inc. announced that Thomas Lillelund will join as chief executive officer of AIG Europe SA. Headquartered in Luxembourg, AIG Europe SA is a new legal entity for AIG’s business in the European Economic Area and Switzerland. The new entity has been established to provide […]

AIG Prepares for Brexit with Authorization of UK, Luxembourg Subsidiaries

Article 0 Comments American International Group Inc. announced the authorization of new insurance companies in the United Kingdom and Luxembourg in preparation for the UK’s exit from the European Union. The formation of the two new units provides clients certainty of uninterrupted UK and European insurance coverage as part of […]