AIG, the U.S. insurer, may move its European headquarters

AIG, the U.S. insurer, may move its European headquarters

By: James Ansher | Where To Trade | On:Tuesday, November 22, 2016
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The U.S. insurer AIG announced on Tuesday that the company may move its headquarters from London to another country, a country that is member of the EU. This decision was made because of the Britain's referendum on leaving the European Union.

Anthony Baldwin, chief executive at AIG Europe made the declaration at the Association of British Insurers's conference, when asked if the company will move their head office. "Yes, we might take that decision"- he said.

He also added that AIG has previous experience in moving their operation, reminding the fact that the European head office was moved five years ago from Paris to London. "This process had taken 18 months (...) we know what it takes"

 

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Anthony Baldwin made other specifications: "We will always continue to have a big London hub but we might have a European headquarters elsewhere"

 

James Ansher

James Ansher

When there is a will there is a trade

A successful Forex trader and expert advisor

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