AIG Recapitalization Could Happen Next Week January 7, 2011 The recapitalization of bailed-out insurer American International Group Inc. is likely to close next week, a person familiar with the...
Former AIG Employee Sues Accounting Firm, Board Over Audits January 5, 2011 A former employee of American International Group has filed a lawsuit claiming that PricewaterhouseCoopers was negligent in its audits of...
AIG Receives Alternative Proposal for Taiwan Unit January 4, 2011 By Ben Berkowitz and Faith Hung American International Group’s protracted sale of its Taiwan unit was further complicated Tuesday when a local company proposed buying a...
AIG, Chartis Sign $4.3 Billion Credit Agreements December 28, 2010 By Joe Rauch Bailed-out insurer American International Group took another step toward winding down its U.S. government support Monday by securing $4.3 billion...
WSJ Reports AIG Nearing Nan Shan Buyer December 23, 2010 Bailed-out insurer American International Group Inc is close to picking a preferred bidder for Taiwanese life insurer Nan Shan, the...
SPECIAL REUTERS REPORT: Inside AIG’s Tortuous Turnaround December 22, 2010 By David Lawder and Paritosh Bansal During a rainstorm in Washington in early 2009, amid the furor over Wall Street’s post-bailout bonuses, an American International Group...
Best Affirms AIG, Domestic P/C and Life Subsidiaries Ratings December 21, 2010 A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the property/casualty and life/health...
U.S. Treasury’s AIG Fix-It Man Ready for Next Assignment December 21, 2010 By David Lawder and Paritosh Bansal Jim Millstein is no stranger to troubled companies. With a long career as a bankruptcy lawyer and former head of...
U.S. Treasury Plans 2 Large AIG Stock Sales in 2011 December 21, 2010 By David Lawder and Paritosh Bansal The U.S. Treasury Department plans to sell a large piece of its stake in American International Group in two stock...
AIG Logo Returns to ID Cards as Security Concerns Lessen December 13, 2010 Bailed-out insurer American International Group Inc. took another step in its restructuring this week, but it is only noticeable to...