Insurance Post

Icahn seeks shareholder support for AIG breakup

Carl Icahn

AIG has said it would not "make financial sense" to break up the insurer after renewed pressure from activist investor Carl Icahn.

Icahn, who has over 40 million shares in AIG, claims the insurer is "too big to succeed" and should seperate into three companies: property and casualty, life insurance and mortgage insurance.

After

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