AIG Name Returns to Canada; AIG Canada Launches New Website at www.aig.ca
TORONTO--(BUSINESS WIRE)-- American International Group, Inc. (NYS: 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.
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.
American International Group, Inc.
Jon Diat (Media), 212-770-3505
Matt Gallagher (Media), 917-861-5570
Liz Werner (Investors), 212-770-7074
Philippe Riel (AIG Canada), 416-596-4021
KEYWORDS: North America Canada
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