AIG Removes Name From Its Property/Casualty Building In NYC
March 24 2009 - 2:27PM
Dow Jones News
American International Group's (AIG) property/casualty insurance
headquarters building in lower Manhattan is nameless after the
removal of the AIG logo from its facade, a spokeswoman said
Tuesday.
AIG announced in early March that it had formed a new holding
company named AIU Holdings Inc. for its worldwide property/casualty
insurance operations. The name was taken from AIG's well-known
international brand, American International Underwriters, but it
isn't necessarily the name the company will settle on for marketing
purposes, said Christine Pretto, an AIG spokeswoman.
For now, the building at 175 Water Street in lower Manhattan
won't carry a signature name, Pretto said, as the company goes
through the process of settling on what its marketing image will
be.
AIG is currently in the process of breaking up its global
insurance and financial services businesses to repay its goverment
bailout loans.
-By Lavonne Kuykendall, Dow Jones Newswires; (312) 750 4141;
lavonne.kuykendall@dowjones.com