TORONTO--(BUSINESS WIRE)--Jul. 2, 2013--
American International Group, Inc. (NYSE: AIG) announced today that
effective July 1, 2013, the Chartis brand was retired in Canada and that
the AIG Property Casualty insurance business in Canada will operate as
AIG Insurance Company of Canada (“AIG Canada”) going forward.
AIG Canada also announced today the launch of a new bilingual website
tailored to inform and meet the needs of the Canadian market at: www.aig.ca.
“AIG as a global insurance brand is back,” said AIG President and Chief
Executive Officer Robert H. Benmosche. “The re-launch of the AIG name
marks a significant achievement for our company. AIG’s new brand
promise, ‘Bring on tomorrow’ underscores AIG’s tenacity and ambition –
to solve problems, to innovate for the benefit of our clients, and to
act as a powerful, global team.”
“This is an exciting time for our company, for our clients and for our
partner brokers,” said AIG Canada President and CEO Lynn Oldfield. “AIG
Canada is a market leader in the Canadian property-casualty insurance
business and adopting the AIG name is a welcome return to our roots.”
Policyholders of AIG Canada will continue to benefit from the same
underwriting and claims expertise, as well as the same financial
strength - as evidenced by the S&P “A+” stable rating, Moody’s “A1”
stable rating and AM Best “A” stable rating that are currently assigned
to the company.
American International Group, Inc. (AIG) is a leading international
insurance organization serving customers in more than 130 countries. AIG
companies serve commercial, institutional, and individual customers
through one of the most extensive worldwide property-casualty networks
of any insurer. In addition, AIG companies are leading providers of life
insurance and retirement services in the United States. AIG common stock
is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com
| YouTube: www.youtube.com/aig
AIG is the marketing name for the worldwide property-casualty, life and
retirement, and general insurance operations of American International
Group, Inc. For additional information, please visit our website at www.aig.com.
All products and services are written or provided by subsidiaries or
affiliates of American International Group, Inc. Products or services
may not be available in all countries, and coverage is subject to actual
policy language. Non-insurance products and services may be provided by
independent third parties. Certain property-casualty coverages may be
provided by a surplus lines insurer. Surplus lines insurers do not
generally participate in state guaranty funds, and insureds are
therefore not protected by such funds.
Source: American International Group, Inc.
American International Group, Inc.
Jon Diat (Media), 212-770-3505
Gallagher (Media), 917-861-5570
Werner (Investors), 212-770-7074
Riel (AIG Canada), 416-596-4021