All the headlines from our AIG Topic Page, ordered by recency.
Oct 2 2012 // American International Group today revealed what the company described as “a refreshed AIG logo,” featuring a modernized design and new color palate. The new logo, at top, and the current logo, below. The...
Oct 2 2012 // Insurance giant American International Group Inc. said that it has received a notice from the Financial Stability Oversight Council (FSOC) that it is under consideration as a “systemically important financial...
Sep 24 2012 // We have a news item in this Sept. 24 issue, on page 8, that marks a milestone for one of the most talked about U.S. corporations in recent times.For the first time since its $182 billion bailout by the U.S. Treasury...
Sep 24 2012 // The U.S. government is no longer the majority owner of American International Group Inc. The bailed-out insurance company said on Sept. 14 that the Treasury Department had completed a planned sale of AIG stock, which...
Sep 10 2012 // The U.S. government cut its stake in American International Group Inc. to 19 percent on Monday, making a profit of $12.4 billion on the insurer’s crisis-era bailout and bringing the unpopular rescue closer to its...
Sep 10 2012 // The U.S. Treasury said on Monday it expects to raise $18 billion from its sale of American International Group shares, representing a profit of $12.4 billion to date on the Treasury and Federal Reserve’s investment...
Sep 10 2012 // The U.S. Treasury Department said it will sell most of its stake in insurer American International Group Inc., making the government a minority investor for the first time since it rescued the company in the depths of the...
Sep 10 2012 // American International Group Inc. (AIG) does not have to cover insurance claims from two former Bernard Madoff clients who sought compensation for their losses under their homeowner’s policy, a federal appeals court...
Sep 7 2012 // American International Group Inc. said it raised $2.02 billion through the sale of a partial stake in its former Asian unit AIA Group Ltd, placing the shares at a surprise premium although analysts were disappointed at the...
Aug 23 2012 // The Federal Reserve Bank of New York brought to a close another chapter in the government’s taxpayer-funded bailouts of 2008 with the sale of its remaining assets of insurer American International Group, the bank...
Aug 15 2012 // American International Group Inc. does not have to cover insurance claims from two former Bernard Madoff clients who sought compensation for their losses under their homeowner’s policy, a federal appeals court ruled...
Aug 7 2012 // American International Group Inc. said today hat the U.S. Department of the Treasury expects to receive an additional $750 million in addition to its previous estimate of $5 billion from its underwritten public offering of...
Aug 6 2012 // The U.S. Treasury Department said on Friday it expects to raise $5 billion from its sale of American International Group stock, cutting the government’s stake in the bailed-out insurer to 55 percent.The sale, which...
Aug 6 2012 // The government’s consumer finance watchdog is investigating mortgage insurance deals between banks and the insurers American International Group Inc., MGIC Investment Corp. and Genworth Financial Inc.The three...
Aug 3 2012 // American International Group reported a larger profit for the second quarter on Thursday, as tax benefits boosted results and operating income grew across the company’s varied insurance businesses.The company also...
Aug 1 2012 // American International Group announced that its life and retirement business, SunAmerica Financial Group, Inc., has signed a definitive agreement with The Hartford Financial Services Group Inc. to acquire Woodbury...
Jul 30 2012 // AIG is launching a public relations campaign to repair its reputation.Last Thursday, the once-mighty insurance giant American International Group posted several videos on YouTube, www.youtube.com/aig , proclaiming that AIG...
Jul 24 2012 // Walnut Place, an entity that had challenged a proposed $8.5 billion settlement between Bank of America Corp. and investors in failed mortgage-backed securities, has withdrawn its objections to the deal.The development on...
Jul 23 2012 // Pawtucket, R.I.-based Narragansett Bay Insurance Company recently named Todd Hart as the new chief executive officer. Narragansett Bay founder Nick Steffey, who has stepped down from the CEO role, will continue as...
Jul 23 2012 // American International Group Inc. said it will resume using its brand name in public in a move to recognize the company’s turnaround, Reuters reported.The insurer, which received $182 billion in government bailouts...