AIG plans to take mortgage insurer United Guaranty public

 · AIG Agrees to Sell United Guaranty Corporation to Arch Capital Group for $3.4 Billion. AIG will retain all mortgage insurance business ceded under.

Mortgage Guaranty . Mortgage Guaranty provides private residential mortgage guaranty insurance, which covers mortgage lenders for first loss from mortgage defaults on high loan-to-value conventional first-lien mortgages. This coverage enables mortgage lenders to remain competitive and enables individuals to purchase a house with a lower down.

United Guaranty, a spinoff of AIG’s residential mortgage insurance business, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is.

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American International Group, Inc. (NYSE: AIG) today announced that it has entered into an agreement to sell its 100 percent interest in United Guaranty Corporation (UGC) to Arch Capital Group Ltd.

THE BUSINESS TIMES – [NEW york] american international Group agreed to sell mortgage insurer United Guaranty Corp to Arch Capital Group as Chief Executive Officer Peter Hancock works to simplify his company and free up capital to return to shareholders..

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American International Group Inc. is in talks to sell its mortgage insurer, United Guaranty Corp., to Arch Capital Group Ltd. as Chief Executive Officer Peter Hancock works to simplify his company.

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United Guaranty is the leading private mortgage insurance company in the U.S. with $186.4 billion of first-lien primary mortgage insurance in force as of June 30, according to New York-based AIG.

 · AIG AIG, +1.42% had announced plans early this year to stage an initial public offering of the mortgage business, known as United Guaranty, while retaining a majority stake. Selling the unit.

Summary. United Guaranty’s financial have declined compared to the past year, and it cannot count on help from AIG. Investors should fundamentally wait and see for additional information like the share price, as well as the state of the housing and IPO market over the next several weeks. United Guaranty, the mortgage insurance unit of AIG,

As a part of a larger organization, we leverage AIG and United Guaranty. insured mortgage securities in which private insurers would be required to take initial losses before any government.

AIG United Guaranty Mortgage Insurance Company Canada has been renamed canada guaranty mortgage insurance company. An investor group, led by the Ontario Teachers’ Pension Plan and including.