American International Group, Inc. (AIG) today released a preliminary pre-tax insurance loss estimate for Chartis, its property casualty insurance unit, of $1.0 billion, or $0.9 billion after tax – 1.1 percent of total AIG shareholders’ equity as of December 31, 2010 – net of all reinsurance recoverables for the first quarter of 2011, related to [...]
American International Group, Inc. (AIG) will report its fourth quarter 2010 financial results after the market closes on Thursday, February 24, 2011. AIG’s Annual Report on Form 10-K, press release, and financial supplement will be available in the Investor Information section of http://www.aig.com.
AIG will also host a conference call on Friday, February 25, 2011, at [...]
Bailed-out insurer American International Group Inc said it will take a $4.1 billion fourth-quarter charge at its Chartis unit, and the U.S. government will allow it to retain $2 billion from recent sales to bolster capital at that unit.
AIG had been restructuring by selling business such as its AIG Star Life Insurance Co and AIG [...]
American International Group Inc could announce as early as Wednesday the sale of its Taiwan Nan Shan Life unit to conglomerate Ruentex Group for up to $2.5 billion, according to Taiwan newspapers.
The reports could not immediately be confirmed.
One source with knowledge of the issue said it was not yet certain whether there would be a [...]
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Despite a slight loss in Q3, the Property and [...]
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