American International Group, Inc.
News and overview for American International Group, Inc.
NYPPEX Report: Net Liquidity for Capital Calls Varies Widely Among Insurance Companies [Press Release]
Business Wire | 4 days 9 hours 41 minutes ago
NYPPEX, a leading global secondary private market advisory, trading and research firm for illiquid assets released to customers its report Net Liquidity for Capital Calls Varies Widely Among Insurance Companies (the “Report”).
PineBridge Investments Introduces New Name in Transition to Independent Asset Management Company [Press Release]
Business Wire | 3 days 23 hours 58 minutes ago
PineBridge Investments (“PineBridge”) is the new brand name of the asset management and investment advisory business that is being sold by American International Group, Inc. (AIG). The new name was officially announced today. The rebranding marks the beginning of a new era for the firm as it transitions into an independent business.
AIG Reports Third Quarter 2009 Results [Press Release]
Business Wire | 17 days 20 hours 50 minutes ago
American International Group, Inc. (AIG) today reported a profit in the third quarter of 2009, as certain of its businesses continue to stabilize and the company’s results reflected positive market valuation changes.
Friday's biggest moving stocks - MarketWatch
MarketWatch | 17 days 19 hours 5 minutes ago
About two years ago, Starbucks ceased to be just a coffee shop. It suddenly found itself as an unwitting economic indicator.
AIG to Report Third Quarter 2009 Results on November 6, 2009 [Press Release]
Business Wire | 21 days 11 hours 46 minutes ago
American International Group, Inc. (AIG) will report its third quarter 2009 results before the market opens on Friday, November 6, 2009. AIG’s Quarterly Report on Form 10-Q, earnings release and financial supplement will be available in the Investor Information section of www.aig.com after the results are reported.
Stocks in focus for Friday - MarketWatch
MarketWatch | 18 days 8 hours 21 minutes ago
Just how bad was October for retailers? Not even teens were spending.
Rail deal is double that of Buffett's next biggest - MarketWatch
MarketWatch | 20 days 11 hours 31 minutes ago
To find Buffett's next biggest deal, one has to go back to 1998, when the Oracle of Omaha spent $16.15 billion to acquire insurance firm General Re.
Overseer: Regulator could have limited AIG bailout - MarketWatch
MarketWatch | 7 days 9 hours 21 minutes ago
"The Federal Reserve Bank of New York's decision to treat all of AIG's counterparties equally gave each of the major counterparties effective veto power over the possibility of a concession from any other party," according to a report issued by the Special Inspector General for the Troubled Asset Relief Program.
China Strategic shares jump on Chinatrust deal - MarketWatch
MarketWatch | 6 days 5 hours 6 minutes ago
China Strategic shares were rose as much as 11.7% in the Hong Kong morning session, while Chinatrust shares gained 2.2% in Taipei.
Success for AIG? It depends. MarketWatch First Take - MarketWatch
MarketWatch | 17 days 16 hours 12 minutes ago
AIG's profit may suggest the rescue effort has been a success. It began by stemming the further collapse of financial institutions and endures through the profits reported by the survivors. In AIG alone, that has cost taxpayers $120.6 billion.
AIG Enters into Agreement to Sell Nan Shan to Consortium Led by Primus Financial [Press Release]
Business Wire | 42 days 6 hours 28 minutes ago
American International Group, Inc. (AIG) today announced an agreement to sell its 97.57% share of Nan Shan Life Insurance Company, Ltd. (Nan Shan) to a consortium comprising Primus Financial Holdings Limited, the Hong Kong-based financial services firm, and China Strategic Holdings Limited, the Hong Kong Stock Exchange-listed investment company, for approximately US$2.15 billion.
Free Bob Benmosche MarketWatch First Take - MarketWatch
MarketWatch | 12 days 19 hours 10 minutes ago
Reuters Robert H. Benmosche
AIG post second consecutive profit, shares fall - MarketWatch
MarketWatch | 17 days 18 hours 38 minutes ago
Third-quarter net income swung to a third-quarter profit of $455 million, or 68 cents a share, from a loss of $24.5 billion, $181.02 a share, in the year-ago period.
More Government Sachs? Don't buy it. David Weidner's Writing on the Wall - MarketWatch
MarketWatch | 21 days 3 hours 51 minutes ago
We suspect they cheat -- that they're too cozy with the government. We worry they rig the system, manipulate our leaders, have too much influence. They seem to own the stock exchange through wheeling and dealing and Capitol Hill through connections and campaign contributions.
American General Life Companies Reprices AG Select-a-TermSM [Press Release]
Business Wire | 6 days 16 hours 47 minutes ago
American General Life Companies (American General) announced today that it has repriced AG Select-a-Term, issued by American General Life Insurance Company and The United States Life Insurance Company in The City of New York. Overall, rates decreased and the policy fee was lowered to $64. This term life insurance product offers guaranteed level premiums for 17 term durations: 10-year and 15- through 30-year durations.
Company Overview
| Company: | American International Group, Inc. |
|---|---|
| Industry: | Property & Casualty Insurance |
| Website: | http://www.aigcorporate.com |
Even to this day American International Group (AIG) is one of the world's largest insurance firms. While it remains in the spotlight for staggering losses and government bailouts, the company's subsidiaries are still providing insurance. AIG is a leading US provider of property/casualty and specialty insurance to commercial, institutional, and individual customers. Internationally, the company provides reinsurance, life insurance and retirement services, asset management, and financial services (including financing commercial aircraft leasing) in more than 120 countries. The US government holds more than 80% of the company, and its future remains in a state of flux.
Key Numbers
| Sales in U.S. Dollars (mil.) | 11,104 (2008) |
|---|---|
| One-year % Growth in Sales | -89.9 (2008) |
| Net Income in U.S. Dollars (mil.) | -99,289 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 116,000 (2008) |
| One-year % Growth in Number of Employees | 0.0 (2008) |
| Fiscal Year-End | December |