WikiLeaks Cables Show China Regulator Intervened as AIG Crumbled March 11, 2011 By Ben Berkowitz U.S. officials believe China’s insurance regulator passed on proprietary information about AIG to its Chinese rivals during the American firm’s...
AIG Offers U.S. Government a $15.7 Billion Buyback March 10, 2011 By Ben Berkowitz American International Group offered Thursday to buy back, for $15.7 billion cash, mortgage-backed securities the U.S. government took off the...
AIG to Accelerate MetLife Sales, Government Repayment March 2, 2011 By Alina Selyukh and Ben Berkowitz Bailed-out insurer American International Group will sell off its stake in MetLife Inc. months earlier than expected, accelerating its repayment...
Investors Watching How AIG’s Chartis, SunAmerica Perform February 24, 2011 By Ben Berkowitz Bailed-out insurer American International Group Inc. could post another multibillion-dollar loss when it reports fourth-quarter results on Thursday, but the...
Insurance Industry Challenged by Unexpected Weather February 21, 2011 By Ben Berkowitz It’s a tough time to be in the $500 billion U.S. property insurance business. Storms are happening in places they...
SPECIAL REPORT: Extreme Weather Batters Insurance Industry February 9, 2011 By Ben Berkowitz In Chester County, South Carolina, off a dirt road in the middle of a field, insurance companies are literally unleashing...
Who Will Invest to Boost AIG’s Return to Public Markets? February 7, 2011 By Ben Berkowitz and Clare Baldwin As bailed-out insurer American International Group prepares to return to the public markets, some say it needs a sign from...
The Hartford Sees 4Q Profits Grow February 3, 2011 By Ben Berkowitz The Hartford reported a larger fourth-quarter profit, as improving results in its wealth management unit offset a variety of cost...
Report Adds Details on AIG Payments to Goldman January 27, 2011 By Ben Berkowitz Insurer American International Group Inc. paid Goldman Sachs Group Inc. $2.9 billion for the investment bank’s own account, a report...
Travelers Sees Insurance Business Improving January 25, 2011 By Ben Berkowitz Travelers Companies Inc. posted a higher-than-expected quarterly profit and the largest publicly traded U.S. property insurer said there were early...