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American International Group, Inc. (ÌìÃÀÍøÕ¾´«Ã½´«Ã½) announced the formation of ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Global Risk Management, established to consolidate the global risk management and captive capabilities of the ÌìÃÀÍøÕ¾´«Ã½´«Ã½ companies.

Charles Dangelo, president of ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Risk Management, Inc. (ÌìÃÀÍøÕ¾´«Ã½´«Ã½RM), ÌìÃÀÍøÕ¾´«Ã½´«Ã½ ‘s domestic risk management company, will head the new unit. ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Global Risk Management will be based in New York, combining the staff and operations of ÌìÃÀÍøÕ¾´«Ã½´«Ã½RM with the home-office risk management staff of American International Underwriters Risk Management (AIU Risk Management) and ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Insurance Management Services, Inc., which forms and manages captives.

AIU Risk Management provides risk management services internationally.

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