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By Chad Hemenway, PropertyCasualty360.com |
January 17, 2011
American International Group said it expected to close on its recapitalization plan last Friday, Jan. 14, and that it will issue about 75 million warrants to shareholders later this week.
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By Chad Hemenway, PropertyCasualty360.com |
January 13, 2011
American International Group said it expects to close on its recapitalization plan and will issue about 75 million warrants to shareholders later this month.
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By Chad Hemenway, PropertyCasualty360.com |
November 5, 2010
American International Group posted a $2.4 billion third-quarter loss on restructuring-related charges of $4.5 billion, as its chief executive boasted of solid insurance operating results.
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By Staff Writer |
October 4, 2010
Moody's Investors Service affirmed American International Group's (AIG) A3 long-term issuer rating and negative outlook, reflecting the rating agency's concerns about the possible end of government support for the insurer.
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By Staff Writer |
October 1, 2010
Moody's Investors Service affirmed American International Group's (AIG) A3 long-term issuer rating and negative outlook, reflecting the rating agency's concerns about the possible end of government support for the insurer.
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By Phil Gusman, PropertyCasualty360.com |
August 16, 2010
Property and casualty results at AIG deteriorated slightly in a competitive market, while overall the company reported a second-quarter net loss of $2.7 billion, primarily due to a $3.3 billion goodwill impairment charge on the sale of a life subsidiary.
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By Phil Gusman, PropertyCasualty360.com |
August 6, 2010
American International Group (AIG) reported a 2010 second quarter net loss of $2.7 billion, which the company said was primarily due to a $3.3 billion goodwill impairment charge.
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By Phil Gusman, PropertyCasualty360.com |
August 6, 2010
American International Group (AIG) reported a 2010 second quarter net loss of $2.7 billion, which the company said was primarily due to a $3.3 billion goodwill impairment charge.
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By Arthur D. Postal, PropertyCasualty360.com |
June 2, 2010
Prudential Plc withdrew its offer to purchase American International Group's International Assurance Group (AIA) Asian life insurance subsidiary.
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By Arthur D. Postal, PropertyCasualty360.com |
May 27, 2010
Analysts raised red flags about the future of American International Group at a congressional hearing.