April 19, 2018 / 3:11 PM / 8 months ago

BRIEF-AIG Authorises Two New Entities In The UK And Luxembourg

April 19 (Reuters) - American International Group Inc :

* AIG AUTHORISES TWO NEW ENTITIES IN THE UK AND LUXEMBOURG

* AIG - AUTHORISATION OF NEW INSURANCE COS IN UK AND LUXEMBOURG THAT WILL SEE ALL BUSINESS TRANSFERRED TO NEW ENTITIES AHEAD OF UK LEAVING EU

* AIG - NEW STEPS PROVIDES CLIENTS CERTAINTY OF UNINTERRUPTED UK, EUROPEAN INSURANCE COVERAGE AS PART OF CO'S PLANNED RESTRUCTURE OF EUROPEAN BUSINESS

* AIG - RESTRUCTURE INVOLVES TRANSFER OF AIG EUROPE LIMITED'S EXISTING INSURANCE BUSINESS TO NEW UK AND EUROPEAN COMPANIES

* AIG - RESTRUCTURE ALSO INVOLVES MERGER OF ITS EXISTING CARRIER, AIG EUROPE LIMITED INTO NEW EUROPEAN COMPANY

* AIG - RESTRUCTURING EXPECTED TO TAKE EFFECT, AND NEW COS TO BEGIN WRITING BUSINESS FROM, 1 DECEMBER 2018 Source text for Eikon: Further company coverage:

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