NU Online News Service, April 17, 2:03 p.m. EST
American International Group's recapitalization efforts have resulted in the insurance giant nearly halving its debt-and-preferred-to-total-capital ratio to 41.6 percent in 2011 compared to 81.2 percent in 2010, according to a Fitch Ratings Special Report on financial leverage for property and casualty insurers.
“During 2011, AIG took various steps to recapitalize the company and reduce the federal government's interest in the company,” says Fitch.
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