insurance giant

Report: AIG, government discuss bailout repayment

Newsvine - business  Tue, 09/14/2010 - 07:05

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.


 

AIG's making money but when will it pay back the government?

Digg - Business & Finance  Thu, 08/05/2010 - 20:00

As American International Group gears up to announce its latest quarterly performance on Friday, the elephant in the middle of the room is staying put.

When will the insurance giant -- now a shell of its former self -- repay the $102 billion it still owes American taxpayers?


 

Aetna forcing 600,000 to lose coverage, to raise profits

Digg - Business & Finance  Fri, 12/04/2009 - 15:30

Health insurance giant Aetna is planning to force up to 650,000 clients to drop their coverage next year as it seeks to raise additional revenue to meet profit expectations.

Aetna actually made a profit in 2009 but not at levels that it anticipated.


 

AIG Moving Forward with Separation of ALICO

Topix - Business News  Tue, 12/01/2009 - 15:24

Insurance giant American International Group Inc said on Tuesday it had closed two transactions that reduce its debt with the Federal Reserve Bank of New York by $25 billion through two debt-for-equity swaps.


 

Report on Inquiry Faults Handling of A.I.G. Bailout

NYT > Business  Mon, 11/16/2009 - 18:17

Officials managing the multibillion-dollar bailout of the insurance giant may have overpaid other banks to wind down A.I.G.’s business relationships, a government watchdog says.


 

DealBook: A.I.G. Picks Golub as Chairman

NYT > Business  Thu, 08/06/2009 - 18:28

The American International Group, the embattled insurance giant, said Thursday afternoon that its board has picked Harvey Golub, the former chief executive of American Express, as its new chairman.


 

AIG moves to spin off 2 units, reduce gov't debt

Topix - Business News  Thu, 06/25/2009 - 16:27

American International Group Inc. said Wednesday it will reduce outstanding federal loans by $25 billion by giving the government a preferred stake in two units that will be spun off from the insurance giant.


 

AIG moves to spin off 2 units, reduce gov't debt

Newsvine - business  Thu, 06/25/2009 - 04:36

American International Group Inc. said Wednesday it will reduce outstanding federal loans by $25 billion by giving the government a preferred stake in two units that will be spun off from the insurance giant.


 

Insurance Giant A.I.G. Takes Ex-Chief to Court

NYT > Business  Sun, 06/14/2009 - 18:32

The company contends Maurice R. Greenberg plundered a trust that it says was set up to pay top performers.


 

Is AIG still a threat to global economy?

MSNBC.com: Business  Wed, 05/13/2009 - 06:16

The CEO of American International Group Inc. will tell Congress that the insurance giant has reduced but not eliminated the risk that its failure could pose to the global economy.