Overview
Chartis (Chartis, Inc. ), is a division of AIG in the process of being spun off, formerly referred to as the 'Property Casualty Insurance' part of AIG. On July 27, 2009, AIG announced it intended to form a Special Purpose Vehicle (SPV) for Commercial Insurance, Foreign General and the Private Client Group which would be placed into the SPV and renamed Chartis in preparation for a IPO or other equity offer.