american international group inc

May 9 -- Maurice 'Hank' Greenberg, former chief executive officer of American International Group Inc., talks about the U.S. government's 2008 rescue of AIG.

U.S. insurer American International Group Inc. has sold its 97.6 percent stake in a Taiwanese insurance business to conglomerate Ruentex Group for $2.16 billion, five months after regulators nixed AIG's first attempt to sell the business.

The Asian insurance unit of American International Group Inc. said Friday it will raise about $18 billion from its Hong Kong listing — helping AIG to repay a massive U.S. government bailout.

American International Group Inc. says the Asian life insurance unit it plans to spin off will make an operating profit of at least $2 billion this fiscal year.

Insurance giant American International Group Inc. is discussing plans with the government to fully repay the government bailout it received two years ago, according to a report in the Wall Street Journal.

In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale.

Australian investment bank Macquarie Group Ltd. said Wednesday it is buying 53 aircraft from a unit of American International Group Inc., which is raising money to repay U.S. government bailout funds.

American International Group Inc. is set to pay out about $100 million in a fresh round of bonuses to employees of its financial products division, the unit whose risky bets helped sink the company leading to a $180 billion government bailout, according to reports published Tuesday.

Kenneth Feinberg, the government’s paymaster for bailed-out companies, will allow insurer American International Group Inc. to pay retention bonuses to executives after U.S. regulators emphasized the need to keep the staff.

American International Group Inc. has dropped plans to sell two Japanese subsidiaries, according to a published report, deciding the company will get more value from holding on to them.