NU Online News Service, Feb. 24, 12:01 p.m. EST
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.
Due to this assessment, AIG released $17.7 billion in deferred tax assets, which contributed heavily to net income of $19.8 billion it reported for the 2011 fourth quarter.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
