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...
Oregon to Net $3.6 Million From AIG Settlement March 10, 2011 Oregon will receive about $3.6 million as part of a multi-state settlement with the American International Group (AIG) over misreporting...
AIG Has Plan to Protect Tax Assets March 10, 2011 Bailed-out insurer American International Group Inc. set up a plan to protect tens of billions of dollars in valuable tax...
AIG Repays $6.9 Billion More to Taxpayers March 8, 2011 American International Group repaid another $6.9 billion of its bailout Tuesday, the U.S. Treasury said. With that payment, the Treasury...
Taiwan Regulator to Rule on AIG Taiwan Unit Sale By End of First Half March 7, 2011 Taiwan’s financial regulator said it will make a decision on American International Group Inc’s sale of local unit Nan Shan...
AIG Names Farber as Deputy CFO March 4, 2011 AIG has named Jeffrey M. Farber as senior vice president, deputy chief financial officer. Farber oversee AIG’s controllership and accounting...
U.S. Treasury Expects $6.3 Billion from AIG’s MetLife Sale March 3, 2011 By David Lawder and Ransdell Pierson American International Group Inc. sold $9.6 billion worth of MetLife Inc. shares on Wednesday, producing gross proceeds of about $6.3...
UPDATE – Treasury Expects $6.3 Billion from AIG’s Metlife Share Sale March 3, 2011 By David Lawder and Ransdell Pierson American International Group sold $9.6 billion worth of MetLife Inc shares on Wednesday, producing gross proceeds of about $6.3 billion...
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...
S&P Lowers Chartis’ Ratings to ‘A’; Outlook Changed to Stable March 1, 2011 Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on American International Group Inc.’s (AIG)...