All the headlines from our AIG Topic Page, ordered by recency.
Apr 20 2012 // American International Group Inc. said Thursday it revised up net income from 2010 and 2011 by a combined $5.096 billion after adopting an updated industry accounting standard from the Financial Accounting Standards...
Apr 18 2012 // Allied World Assurance Company Holdings AG said industry veteran Lou Iglesias joined Allied World U.S. as president of the property/casualty division. He will be based in New York City. His responsibility will include...
Apr 16 2012 // Chairman Ben Bernanke said Friday that the Federal Reserve was left with few good options when it stepped in to shore up the largest U.S. financial institutions during the 2008 crisis.Bernanke defended the central...
Apr 16 2012 // Liberty Mutual said it will continue its legal fight even after a federal judge formally approved a $450 million workers’ compensation class-action settlement between AIG and its rival companies.The class action...
Apr 16 2012 // Elizabeth Warren, the former chair of a congressional oversight panel and currently a U.S. Senate candidate from Massachusetts, is criticizing the government for granting American International Group billions of dollars...
Apr 10 2012 // American International Group Inc. will likely be independent from the U.S. government over the next year, Wells Fargo Securities said upgrading the shares of the bailed-out insurer to “outperform.”Since AIG...
Apr 9 2012 // The chief executives of General Motors, AIG, and Ally Financial had their 2012 compensation packages frozen for a second year in a row by the U.S. Treasury Department after they got “exceptional” bailout help...
Apr 4 2012 // Bailed-out insurer AIG is considering launching the initial public offering of airplane leasing business International Lease Finance in the second quarter, CNBC reported on Wednesday, citing people familiar with the...
Apr 2 2012 // U.S. Senate candidate Elizabeth Warren from Massachusetts continues to criticize the government for granting American International Group billions of dollars worth of tax breaks, calling it “a stealth...
Mar 27 2012 // CEO Bob Benmosche says U.S. taxpayers will earn up to $10 billion on the $182 billion rescue of American International Group, the insurance company he runs. Of course, that depends on how one defines...
Mar 26 2012 // AIG expects American taxpayers to end up with a profit of $5 billion to $10 billion on the company’s 2008 rescue when all is said and done, the chief executive of the bailed-out insurer said on Monday.The U.S....
Mar 23 2012 // American International Group Inc. has made a final $1.5 billion payment to the United States Treasury Department to retire the Treasury’s interest in AIA Aurora LLC (AIA SPV) – a special purpose vehicle created to...
Mar 19 2012 // The U.S. Treasury Department is selling $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an...
Mar 19 2012 // Golden BearStockton, Caif.-based Golden Bear Insurance Co. has opened its first office in the Pacific Northwest. The new office is in Edmonds, Wash. It was opened by Golden Bear Vice President Carl Heckman and his team,...
Mar 15 2012 // LeapFrog Investments, an investment fund focused on insurance and financial services companies, announced two senior appointments as it expands its investment portfolio in Asia and Africa.David Steel, previously Managing...
Mar 14 2012 // Former members of a congressional panel that oversaw bailouts during the financial crisis blasted the Treasury Department this week for quietly granting a tax break worth billions to insurance giant American International...
Mar 14 2012 // Liberty Mutual said it will continue its legal fight even after a federal judge formally approved a $450 million workers’ compensation class-action settlement between AIG and its rival companies.The class action...
Mar 7 2012 // The U.S. Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step...
Mar 5 2012 // American International GroupAIG reported a $19.8 billion profit for the 2011 fourth quarter, boosted by $17.7 billion in tax benefits. AIG said it has determined that it is likely to be consistently profitable in the...
Mar 5 2012 // American International Group is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bail-out.AIG is looking to place some 1.7 billion AIA shares in a...