Bailed-out insurer AIG is reporting a profit of $11.2 billion for the fourth quarter of 2010 from gains it made from selling and spinning off two of its life insurance units.
life insuranceLawyer pleads guilty in insurance scamNewsvine - business Tue, 11/23/2010 - 18:55
A lawyer involved in what authorities say was a $100 million life insurance fraud scheme has pleaded guilty in federal court in Richmond. Widow, 80, comes up cold in life insurance disputeNewsvine - business Thu, 09/10/2009 - 15:58
The Meli family once ran a Flint warehouse that kept perishable goods from spoiling. Now it seems their money — nearly $200,000 — is stuck in storage. A.I.G. Gives Fed Stakes in 2 Units to Cut DebtNYT > Business Thu, 06/25/2009 - 05:44
Under the deal, A.I.G. will give the Federal Reserve Bank of New York preferred interests in its two largest life insurance units outside the United States. Tags:
ING to Focus on Europe by Divesting Up to $10 BillionNYT > Business Thu, 04/09/2009 - 04:10
The Dutch financial services group said it plans to sell operations worth up to $10.6 billion to reduce risk and focus on Europe, life insurance and retirement services. |
