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Aii Beauty history
Aii Beauty company history timeline
Consolidation and reorganization continued in 1976, when AIU stopped writing policies for insurance companies it did not own.
AIG absorbed its parent company, AIRCO, in 1978, completing a nine-year consolidation plan to simplify corporate structure.
In 1979 AIG reported over $250 million in net income.
He became Searle’s chief financial officer (CFO) in 1981 under CEO Donald Rumsfeld.
In 1981 AIG, in combination with Presidio Oil Company, purchased a majority interest in 109 natural gas wells.
In the year 1984 the shares of the American International Group were listed on the New York Stock Exchange.
Some of AIG's specialty companies, such as AIG Oil Rig, AIG Energy, AIG Entertainment, and AIG Political Risk, which were created during the preceding 15 years, were consolidated in 1984 under the name AIG Specialty Agencies, Inc.
In 1984 the company reported its first decline in profits, largely due to underwriting losses including those resulting from a major hurricane.
AIG broadened its trading markets in 1987 when it became the first foreign insurance organization on the Tokyo Stock Exchange.
AIG continued diversification moves in 1988, forming a Hong Kong-based venture to introduce American fast food franchises into the Asian market.
Early in 1989 Maurice Greenberg proposed the creation of a hazardous-waste-cleanup tax funded through a 2 percent premium fee assessed on all commercial and casualty and property policies, with insurers matching that amount.
In 1989 AIGlobal was formed to provide a single source of comprehensive property and casualty, life, and group insurance, and facilitate corporate financial services for multinational companies.
In June 1990 AIG agreed to buy Fischbach Corporation for $43 million.
Liddy oversaw the spin-off of Allstate from Sears and was named chief operating officer (COO) of the newly public firm, Allstate Insurance Co., in 1994.
By 1994 operating income for the group had climbed to $404.9 million.
Just about the only question that analysts had in regard to AIG's future as it neared the end of the century was who would succeed Greenberg (he turned 70 in 1995) and become only the third leader in AIG history.
Since the year 2000, AIG has been growing successfully and has entered several new markets including India.
In the year 2005, AIG became involved in a massive accounting scandal.
Liddy retired from Allstate in April 2008, but he continued to serve on some of the country’s most prestigious corporate boards, including 3M, Boeing, and Goldman Sachs.
Another unique feature about AIG is that even though the company suffered major financial crisis in the year 2008 and was almost on the verge of shutting down, it managed to bounce back with the help of the United States Federal Reserve Bank and is running successfully today.
Additionally, Paulson cooperated with Bush, Bernanke, and others to draft the Emergency Economic Stabilization Act of 2008 (EESA), a bailout of the United States financial system made necessary by the growing credit crisis; the EESA was signed into…
Facing a difficult reelection campaign, Dodd announced in January 2010 that he would not seek a sixth term in the Senate.
He later served as chairman (2011–17) of the Motion Picture Association of America.
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Zippia gives an in-depth look into the details of Aii Beauty, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Aii Beauty. The employee data is based on information from people who have self-reported their past or current employments at Aii Beauty. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Aii Beauty. The data presented on this page does not represent the view of Aii Beauty and its employees or that of Zippia.
Aii Beauty may also be known as or be related to American International Industries and Aii Beauty.