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By Chad Hemenway, PropertyCasualty360.com |
May 4, 2012
Driven by profits in all core business units—especially its property and casualty insurance unit—American International Group Inc.’s first-quarter net income climbed more than 147 percent.
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By Chad Hemenway, PropertyCasualty360.com |
March 27, 2012
The CEO of AIG says American taxpayers will pocket up to $10 billion when the government assistance it received more than three years ago is repaid.
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By Chad Hemenway, PropertyCasualty360.com |
March 23, 2012
American International Group Inc.’s remaining debt to the U.S. government is about $45 billion after paying an additional $1.5 billion to the U.S. Treasury Department, the company says.
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By Chad Hemenway, PropertyCasualty360.com |
February 24, 2012
American International Group Inc. says it expects to turn a profit in the future and is on pace to achieve goals it has set for 2015.
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By Chad Hemenway, PropertyCasualty360.com |
February 22, 2012
Chartis says it has condensed its claims, operations and systems under one management team in an effort to get closer to fulfilling a combined ratio promise.
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By Mark E. Ruquet, Chad Hemenway, PropertyCasualty360.com |
November 10, 2011
Three large U.S.-based property-and-casualty insurers were unable to post third-quarter profits, with The Hartford stating its net income was flat and American International Group (AIG) and Liberty
Mutual Group both reporting net losses.
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By Chad Hemenway, PropertyCasualty360.com |
November 4, 2011
American International Group Inc. reports a third-quarter loss of $4.1 billion, but CEO Robert H. Benmosche insists the company is in "very good shape," with $15.3 billion in liquidity.
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By Chad Hemenway, PropertyCasualty360.com |
August 16, 2011
American International Group Inc. has named Brian T. Schreiber, the man who led the restructuring and recapitalization of the once-bailed out insurance giant, as its treasurer.
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By Chad Hemenway, PropertyCasualty360.com |
August 11, 2011
American International Group Inc. swung to a profit with second-quarter net income of $1.8 billion compared to a net loss of $2.7 billion for the second quarter a year ago.
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By Chad Hemenway, PropertyCasualty360.com |
August 5, 2011
American International Group Inc. swung into the black with second quarter net income of $1.8 billion compared to a net loss of $2.7 billion for the second quarter a year ago.