All the headlines from our AIG Topic Page, ordered by recency.
Nov 2 2014 // American International Group Inc. is stripping a claims adjuster in Syria from a list given to shipping-industry clients after a U.S. regulator questioned a rival about relationships in blacklisted nations.“The...
Oct 30 2014 // American International Group Inc. (AIG) has partnered with Wyvern Consulting, an aviation risk management and safety auditing firm, to launch AirGuard safety and loss control services designed to address safety and...
Oct 28 2014 // Robert Benmosche is working on a book about turning around American International Group Inc.Benmosche’s memoir focuses on the five years he led AIG and is slated to be published in late 2015 or early 2016 by St....
Oct 27 2014 // David Boies spent much of the past month interrogating the architects of the 2008 Wall Street bailout, making the case that the U.S. cheated American International Group Inc. shareholders of at least $25 billion partly for...
Oct 19 2014 // Former American International Group Inc. Chief Executive Officer Edward Liddy defended his decision to work closely with the government at the time of the company’s 2008 bailout, saying he hoped to win concessions on...
Oct 17 2014 // Former American International Group Inc. Chief Executive Officer Edward Liddy testified he chose not to buck government overseers who selected him to run the bailed- out insurer.Developing trust with regulators was for the...
Oct 16 2014 // Former American International Group Inc. Chief Executive Officer Edward Liddy will face a key question on the witness stand in a trial over claims shareholders were cheated of at least $25 billion in the insurer’s...
Oct 15 2014 // Beazley Plc hired Matt Barone from American International Group Inc., becoming the second insurer in a month to recruit from AIG to build groups that sell coverage protecting corporate clients against crimes.Barone joins...
Oct 14 2014 // The trial over the American International Group Inc. bailout shifts this week from the architects of the 2008 rescue, who spent days testifying as to why they imposed the terms they did on the ailing insurer, to the...
Oct 12 2014 // Former Federal Reserve Chairman Ben Bernanke said he wasn’t looking to punish American International Group Inc. for mismanagement when the board of governors authorized an emergency loan to the distressed insurer at...
Oct 9 2014 // Insurers flush with capital are rushing to grab part of an expanding cyber coverage market that’s been spurred on by high-profile hackings at JPMorgan Chase & Co. and Home Depot Inc.Sales are set to double this...
Oct 9 2014 // Former Federal Reserve Chairman Ben Bernanke defended the sterner treatment of American International Group Inc. in the 2008 bailout compared with how investment banks were handled, saying the rescue of the insurer had a...
Oct 9 2014 // American International Group Inc., the largest commercial insurer in the U.S. and Canada, introduced a policy to help railroads handle losses from catastrophic accidents as more crude oil is shipped by trains.The insurer...
Oct 9 2014 // American International Group Inc.’s unique set of risks was seen by one of the primary orchestrators of its rescue as requiring tough conditions that included the government’s taking most of the insurer’s...
Oct 8 2014 // A “crazily high” interest rate levied on American International Group Inc.’s $85 billion bailout loan may have been forced on the Federal Reserve Bank of New York by other regulators, according to...
Oct 8 2014 // Billionaire Warren Buffett said he gave an appraisal of American International Group Inc. to Timothy Geithner, then the head of the Federal Reserve Bank of New York, just before it rescued AIG in 2008.Geithner asked...
Oct 8 2014 // Timothy Geithner backed away from two of his more provocative assessments of the 2008 bailout of American International Group Inc., in a day of courtroom testimony marked by careful answers and a lack of recollection about...
Oct 6 2014 // American International Group Inc. received harsher terms than other financial institutions in the 2008 financial crisis because regulators needed to send a message to markets that government help would cost them, Henry...
Oct 5 2014 // Federal regulators cut a “loan sharky” interest rate on an $85 billion bailout loan to American International Group Inc. because it contributed to a debt service problem that threatened the insurer’s...
Oct 2 2014 // The Federal Reserve Bank of New York poured billions of dollars into rescuing American International Group Inc. in September 2008 without drawing up documents that would cement the government’s control of the giant...