Analysts claims it a “small sign of progress” and shares rise
AIG has sold a majority of the US life insurance premium finance business of AIG Credit and AI Credit Consumer Discount to First Insurance Funding, a subsidiary of Wintrust Financial Corp for $679.5m, Reuters reports
AIG's share price rose 3.6%, or 47 cents, to $13.47 in afternoon trade on the New York Stock Exchange.
David Havens, an analyst at Hexagon Securities, called the sale "an additional (small) sign of progress at AIG," in a research note.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
