AIGThe most prolific headline generator by far this year was American International Group, which struggled to regain its credibility and repay its debt to taxpayers after a massive federal bailout while changing CEOs, fending off challenges to its executive compensation, rebranding its property and casualty subsidiaries and burying the hatchet with its former boss.

Back in early January, AIG’s roller coaster year began with criticism from Maurice Greenberg–its former chair, president and CEO—about the sale of Hartford Steam Boiler to Munich Re.

Mr. Greenberg–now CEO of C.V. Starr & Company, and still a major stockholder in AIG—noted pointedly that under his reign, HSB had been purchased for $1.2 billion in 2000, yet was sold for what he termed a “distressed” price of $724 million.

(As part of its efforts to pay off its federal loans, AIG also agreed to sell auto insurer 21st Century Insurance Group to a Zurich subsidiary—Farmers Group—for $1.9 billion.)

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