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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 Reuters |
November 2, 2011
The U.S. Treasury Department received a $972 million repayment from American International Group, funded by proceeds from the sale of AIG'S American Life Insurance Co. subsidiary last November, the Treasury said Tuesday.
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By Mark E. Ruquet, PropertyCasualty360.com |
May 12, 2011
American International Group’s future success without government support will depend on a number of factors that are hard to forecast right now.
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By Mark E. Ruquet, PropertyCasualty360.com |
February 17, 2011
A review of enforcement actions taken by the U.S. Treasury Department reveals that bankers are the primary violators of sanctions imposed against foreign governments, but a few property and casualty insurers and one broker have also received fines.
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By Chad Hemenway, PropertyCasualty360.com |
December 20, 2010
It started with congressional hearings to justify a bailout and ended with a deal for some payback and a plan to come up with the rest.
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By Chad Hemenway, PropertyCasualty360.com |
December 9, 2010
American International Group (AIG), the Federal Reserve Bank of New York and the U.S. Treasury Department have officially signed a deal to repay the government for sustaining the massive financial services company.
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By Staff Writer |
December 6, 2010
New York State's former Superintendent of Insurance, Eric R. Dinallo, has joined the law firm of Debevoise & Plimpton, the firm announced today.
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By Chad Hemenway, PropertyCasualty360.com |
November 23, 2010
There are continued signs of American International Group reentry into the capital markets as the company announced two new managers and the U.S Treasury Department said it hired an investment banking firm.
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By Chad Hemenway, PropertyCasualty360.com |
November 2, 2010
American International Group Inc. said the sale of one foreign insurer and the initial public offering of a second have raised enough money to repay a line of credit it has with the Federal Reserve Bank of New York.
