AIG

AIG Reports Third Quarter Revenue Loss; Top-Level Job Cuts Expected

AIG Reports Third Quarter Revenue Loss; Top-Level Job Cuts ExpectedAmerican International Group Inc. or AIG, the American multinational insurance corporation reported loss in the Q3. The company also announced that it will trim jobs. The insurer is also facing pressure from shareholders Carl Icahn and John Paulson to split the company.

Benmosche AIG's CEO Speed Up Exit from Post

Benmosche AIG's CEO Speed Up Exit from PostRobert Benmosche will be handing over the post of CEO to Peter Hancock stepping down sooner than expected this weekend. He has been the CEO of American International Group Inc. for five long years. He said in May that time was limited and he had nine months to one year to live and wanted to spend time the way he wished.

AerCap finalise $5 Billion Deal With AIG

AerCap finalise $5 Billion Deal With AIGAerCap Holdings NV has agreed to buy International Lease Finance Corp. (ILFC) for $5 billion from American International Group (AIG) Inc. to create an aircraft lessor competing General Electric Co.’s Gecas unit for size.

AIG Demands for Original Deal with Prudential

AIG Demands for Original Deal with PrudentialA lowered offer of $30.38 billion for Asian operations has been announced as unacceptable by the American International Group (AIG). It has already left a deal being on the verge of collapse with U. K. life insurer Prudential.

Insurance giant AIG posts $9 billion Q4 loss; yearly loss $11 billion

aigWith investment write-downs and divestment charges still delivering blows to the distraught insurance biggie American International Group Inc. (AIG), the government-controlled company recently reported a rather surprising $9 billion loss in the fourth quarter; with its total loss of the year being $11 billion.

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