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Rebranding and Change of Name from Chartis to AIG
With effect from 1st April 2013, general insurance company Chartis Singapore Insurance Pte. Ltd. will be known as AIG Asia Pacific Insurance Pte. Ltd. For those of you who can remember, the AIG entity in Singapore actually went through a rebranding exercise a couple of years ago to become known as Chartis Singapore. This was partly […]
AIG International Funds to Become Pinebridge
Back in September 2009, AIG entered into an agreement to sell a portion of its investment advisory and asset management business, including AIG Global Investment Corporation (Singapore) Ltd to Bridge Partners, LP, an exempted limited partnership owned by Pacific Century Group, an Asia-based private investment group. With effect from 26 March 2010, AIG Global Investment […]
American Home Assurance Company (AHA) Renamed to Chartis
American Home Assurance Company (AHA), Singapore Branch (commonly known as AIG here) has been renamed to Chartis with effect from 18th January 2010. This is obviously a rebranding exercise to improve the image of the company after the near bankruptcy of AIG in 2008. Whether there is rebranding or not, Chartis remains the largest general […]
What Should You Do With Your AIA Policies?
Over the last four days, thousands of people have gone down to the AIA office to surrender their policies. With the news so widely publicised, many more have been influenced to surrender their AIA policies. This is a classic case of herd mentality at work. Sometimes, it’s also referred to as the “madness of crowds“. […]
Singaporeans Concerned About AIG Spillover Effects on AIA
Our financial markets are facing a severe test as big name financial institutions experience liqudity problems. Just a couple of days ago, we had Lehman Brothers filing for Chapter 11. The next giant facing difficulties is American International Group Inc (AIG). AIG needs to raise more than $80 billion to keep themselves afloat. According to […]