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AIG American General
Corebridge Financial, Inc. is an American financial services company. It provides annuities, life insurance, retirement plans, wealth management, and other financial services through its four core businesses—individual retirement, life insurance, retirement services, and institutional markets. Corebridge was formed by an AIG spin-off of the company via IPO in 2022. In 2024, Nippon Life Insurance Company acquired an equity interest in Corebridge Financial from AIG. Under the terms of the transaction, AIG agreed to maintain a 9.9% stake in Corebridge for two years. History Corebridge Financial was formed when AIG spun off the company in September 2022. In September 2024, the Corebridge brand name replaced AIG on the America Tower of the American General Center, its headquarters. Early history The American General Insurance Company was formed on May 8, 1926 by Gus Sessions Wortham in Houston, Texas. Wortham worked for the Texas Fire Rating Board in Austin, Texas before moving ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American General Center
The American General Center is a complex of several office buildings in Neartown Houston, Texas located along Allen Parkway.Neartown Super Neighborhood the Neartown Association now shows the super neighborhood boundarie as of 06/04/2019 and previously had its ow boundaries circa 2008 to 2018 (Retrieved October 20, 2008)Cook, Lynn. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Life Insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent to transfer of goods, services, money, or promise to transfer any of thos ... between an insurance policy holder and an insurance , insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Share Repurchase
Share repurchase, also known as share buyback or stock buyback, is the reacquisition by a company of its own shares. It represents an alternate and more flexible way (relative to dividends) of returning money to shareholders. Repurchases allow stockholders to legally delay taxes which they would have been required to pay on dividends in the year the dividends are paid, to instead pay taxes on the capital gains they receive when they sell the stock, whose price is now proportionally higher because of the smaller number of shares outstanding. In most countries, a corporation can repurchase its own stock by distributing cash to existing shareholders in exchange for a fraction of the company's outstanding equity; that is, cash is exchanged for a reduction in the number of shares outstanding. The company either retires the repurchased shares or keeps them as treasury stock, available for reissuance. Under U.S. corporate law, there are six primary methods of stock repurchase: o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholder Rights Plan
A shareholder rights plan, colloquially known as a "poison pill", is a type of defensive tactic used by a corporation's board of directors against a takeover. In the field of mergers and acquisitions, shareholder rights plans were devised in the early 1980s to prevent takeover bids by limiting a shareholder's right to negotiate a price for the sale of shares directly. Typically, such a plan gives shareholders the right to buy more shares at a discount if one shareholder buys a certain percentage or more of the company's shares. The plan could be triggered, for instance, if any one shareholder buys 20% of the company's shares, at which point every other shareholder will have the right to buy a new issue of shares at a discount. If all other shareholders can buy more shares at a discount, such purchases would dilute the bidder's interest, and the bid cost would rise substantially. Knowing that such a plan could be activated, the bidder could be discouraged from taking over the corpor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benjamin N
Benjamin ( ''Bīnyāmīn''; "Son of (the) right")blue letter bible: https://www.blueletterbible.org/lexicon/h3225/kjv/wlc/0-1/ H3225 - yāmîn - Strong's Hebrew Lexicon (kjv) was the younger of the two sons of Jacob and Rachel, and Jacob's twelfth and youngest son overall in Jewish, Christian and Islamic tradition. He was also considered the progenitor of the Israelites, Israelite Tribe of Benjamin. Unlike Rachel's first son, Joseph (Genesis), Joseph, Benjamin was born in Canaan according to biblical narrative. In the Samaritan Pentateuch, Benjamin's name appears as "" (Samaritan Hebrew: , "son of days"). In the Quran, Benjamin is referred to as a righteous young child, who remained with Jacob when the older brothers plotted against Joseph. Later rabbinic traditions name him as one of four ancient Israelites who died without sin, the other three being Chileab, Jesse (biblical figure), Jesse and Amram. Name The name is first mentioned in letters from King Sîn-kāšid of Uruk (1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Encyclopedia
An encyclopedia is a reference work or compendium providing summaries of knowledge, either general or special, in a particular field or discipline. Encyclopedias are divided into article (publishing), articles or entries that are arranged Alphabetical order, alphabetically by article name or by thematic categories, or else are hyperlinked and searchable. Encyclopedia entries are longer and more detailed than those in most dictionary, dictionaries. Generally speaking, encyclopedia articles focus on ''factual information'' concerning the subject named in the article's title; this is unlike dictionary entries, which focus on Linguistics, linguistic information about words, such as their etymology, meaning, pronunciation, use, and grammar, grammatical forms.Béjoint, Henri (2000)''Modern Lexicography'', pp. 30–31. Oxford University Press. Encyclopedias have existed for around 2,000 years and have evolved considerably during that time as regards language (written in a major inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Handbook Of Texas Online
The Texas State Historical Association (TSHA) is an American nonprofit educational and research organization dedicated to documenting the history of Texas. It was founded in Austin, Texas, United States, on March 2, 1897. In November 2008, the TSHA moved its offices from Austin to the University of North Texas in Denton, Texas. In 2015, the offices were relocated again to the University of Texas at Austin. History On February 13, 1897, ten persons convened to discuss the creation of a nonprofit to promote Texas state history. George Pierce Garrison, chair of the University of Texas history department, led the organizational meeting establishing the association on March 2, 1893. The TSHA elected Oran Milo Roberts as its first president. In addition to Roberts, TSHA charter members included Guy M. Bryan, Anna Pennybacker, Bride Neill Taylor, and Dudley G. Wooten. About twenty or thirty persons attended the charter meeting. One of the founders was John Henninger Reagan. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austin, Texas
Austin ( ) is the List of capitals in the United States, capital city of the U.S. state of Texas. It is the county seat and most populous city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and Williamson County, Texas, Williamson counties. Incorporated on December 27, 1839, it is the Metropolitan statistical area, 26th-largest metropolitan area in the United States, the List of United States cities by population, 13th-most populous city in the United States, the List of cities in Texas by population, fifth-most populous city in the state after Houston, San Antonio, Dallas, and Fort Worth, and the second-most populous state capital city after Phoenix, Arizona. It has been one of the fastest growing large cities in the United States since 2010. Downtown Austin and Downtown San Antonio are approximately apart, and both fall along the Interstate 35 in Texas, I-35 corridor. This combined metropolitan region of San Antonio–Austin met ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gus Sessions Wortham
Gus Sessions Wortham (February 18, 1891 – September 1, 1976), was a businessman and civic leader in Houston, Texas. Biography He was born on February 18, 1891, in Mexia, Texas, to John Lee Wortham and Fannie Sessions. He moved with his father to Houston and opened John L. Wortham and Son, an insurance agency. Eleven years later he founded the American General Insurance Company with Jesse H. Jones, James A. Elkins, and John W. Link. American General was acquired by American International Group on August 29, 2001. Wortham served two terms as president of the Houston Chamber of Commerce, and he and his wife, Lyndall Finley Wortham, created the Wortham Foundation which supports cultural activities and development of parks in the Houston area. Named in honor of the Worthams are the Wortham Center, which is home of the Houston Ballet and the Houston Grand Opera, Gus Wortham Park, Gus Wortham memorial fountain, Wortham IMAX Theater at the Houston Museum of Natural Science ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
America Tower
The American General Center is a complex of several office buildings in Neartown Houston, Texas located along Allen Parkway.Neartown Super Neighborhood the Neartown Association now shows the super neighborhood boundarie as of 06/04/2019 and previously had its ow boundaries circa 2008 to 2018 (Retrieved October 20, 2008)Cook, Lynn. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
