AIMA Announces Intent to Terminate with AIG.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- American International Marine Agency, Inc. (AIMA AIMA Alternative Investment Management Association AIMA All India Management Association AIMA Artificial Intelligence: A Modern Approach (textbook) AIMA Associazione Italiana Malattia di Alzheimer ), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of C. V. Starr & Co., Inc., today informed American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. , Inc. (AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group ) of its intention to terminate the agency's relationship with the insurance company, effective January 1, 2007. Notice was given pursuant to terms of an agreement between the agency and AIG, which was established in December 1977, and requires six months termination notice. At the time of termination, AIMA will cease acting as managing general agent for AIG. "This decision marks a significant milestone for AIMA, which has been a market leader in the marine insurance sector for nearly six decades. We look forward to serving new underwriters next year and building upon our reputation for delivering best in class solutions that meet our clients' specific insurance needs," said David French David French was born in 1939. When David was six years old he moved to Toronto from Coley’s Point Newfoundland. During his young school years David was a sport fanatic, he did not enjoy the academic side of school. , President, AIMA. About American International Marine Agency, Inc. American International Marine Agency, Inc. (AIMA), a wholly-owned subsidiary of C.V. Starr & Co. Inc., produces ocean marine insurance for cargo, hull and marine liability risks, and covers multinationals, importers, exporters, manufacturers and logistics operators. AIMA is the U.S. market leader in cargo, with a dominant position in multinational and complex risk management segment. The longest standing traditional marine underwriter in North America and a market leader for nearly 60 years, AIMA is a leading marine writer in the United States and one of the top marine writers worldwide. About C. V. Starr & Co. Inc. C. V. Starr & Co. Inc. is an independently-owned holding company with insurance agencies and a portfolio of global investments. Through its wholly owned insurance agencies, C. V. Starr historically has produced approximately $2 billion annually of comprehensive insurance coverage among several specialty lines covering aviation, marine, excess casualty and property, including risks with international exposures. These agencies provide a broad spectrum of value-added specialized services including claims handling and settlement, risks assessment and loss prevention, and customer focused attention. C. V. Starr also has more than $3 billion in investment assets that include public and private equity, hedge funds and alternative assets Alternative Assets A term referring to non-traditional assets with potential economic value. Notes: Examples of alternative assets include art and antiques, precious metals, fine wines, rare stamps and coins, and other collectibles such as sports cards. . C. V. Starr's significant presence in global markets, backed by the company's international expertise, has made it an industry leader for more than 50 years. The company is headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . |
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