Affiliated company Vienna Insurance Group (VIG) in Czech Republic – reinsurance company VIG Re – has gained more than 280 million euro from the beginning of the activity (September, 2008). Company’s management expected, that only after three years of work the award of the reinsurer will reach 300 million euro. The group has also noticed […]
Crisis has struck on insurance giant AIG
Morris Grinberg, who has almost for 40 years supervised insurance company AIG, approves, that the company is “in crisis”, and insists on canceling of shareholders’ annual assembly. He stated this requirement in the letter to board of AIG directors, which copy is directed to the US Commission under securities and stock exchanges. Grinberg has emphasized […]