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Share Name | Share Symbol | Market | Type |
---|---|---|---|
American International Group Inc | NYSE:AIG | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.24 | 1.57% | 79.715 | 80.13 | 78.80 | 79.11 | 2,728,500 | 20:31:46 |
SunAmerica Financial Group, AIG’s life insurance and retirement services division, today announced several key organizational structure and management changes intended to better serve the organization’s distribution partners and customers. Highlights include:
“This is a unique time of opportunity, change and growth for SunAmerica Financial Group,” said Jay Wintrob, President and CEO of SunAmerica Financial Group. “Our new organizational structure will enable us to better serve our broad network of distribution partners as we work together to help even more Americans plan for and achieve financial and retirement security. We are very fortunate that our senior leadership team represents such a formidable combination of talented individuals with many years of experience with our organization as well as a number of exceptional new members who bring strong industry experience and a fresh perspective.”
SunAmerica Financial Group is one of the largest life insurance and retirement services organizations in the United States with more than $257 billion of assets under management and shareholders’ equity of over $35 billion as of December 31, 2011. The organization traces its origins to 1850 and today is among the largest issuers of annuities and life insurance in the United States, as well as a leading provider of defined contribution plans in the education and healthcare markets. Through its American General, VALIC, Western National, SunAmerica, Royal Alliance, SagePoint Financial and FSC Securities businesses, it offers a diversified portfolio of life insurance, investment and retirement savings products, guaranteed income solutions and financial planning services. SunAmerica Financial Group serves over 18 million customers and its products are sold by over 300,000 financial professionals. For more information, please visit www.safg.com.
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