NEW YORK, September 21, 2023--American International Group (NYSE: AIG) today announced that Edward L. Dandridge has joined the company as Executive Vice President and Chief Marketing & Communications Officer, effective October 16, 2023. Mr. Dandridge will report to Peter Zaffino, Chairman & Chief Executive Officer, and serve on AIG’s Executive Leadership Team.
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India's Tata AIG General Insurance plans to raise at least 2 billion rupees ($24.12 million) through the sale of subordinated bonds maturing in 10 years, two merchant bankers said on Thursday. The general insurance company will pay an annual coupon of 8.15% on this issue and has invited bids for the same on Tuesday, the bankers said. In December 2019, Tata AIG raised 1.85 billion rupees through the sale of similar-structured bonds at an 8.85% annual coupon.