American International Group, Inc.

News and overview for American International Group, Inc.

AIG board meets Tues, no plan on CEO: source
Reuters | 3 days 8 hours 43 minutes ago
NEW YORK (Reuters) - An American International Group Inc's (AIG.N) board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche's frustration with the U.S. government's involvement in the insurer's affairs, a source familiar with the matter said on Thursday.


Lawmakers seek audit after critical AIG report
Washington Post, The | 4 days 14 hours 44 minutes ago
WASHINGTON -- A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group Inc.


Lawmakers seek Fed audit after critical AIG report
Charlotte Observer (N.C.), The | 4 days 19 hours 27 minutes ago
WASHINGTON A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group Inc.


Lawmakers seek Federal Reserve audit after critical AIG report
Plain Dealer (Cleveland), The | 4 days 16 hours 45 minutes ago
A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group Inc


Lawmakers Seek Fed Audit After Critical AIG Report by The Associated Press
National Public Radio | 4 days 15 hours 45 minutes ago
A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group Inc.


UPDATE 2-AIG board meets Tues, no plan on CEO -source
Reuters | 3 days 13 hours 37 minutes ago
NEW YORK, Nov 19 (Reuters) - An American International Group Inc's (AIG.N) board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche's frustration with the U.S. government's involvement in the insurer's affairs, a source familiar with the matter said on Thursday.


Lawmakers demand audit, greater transparency from Fed after report criticizing AIG bailout
Sun (Baltimore), The | 4 days 19 hours 20 minutes ago
A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group Inc.


ISDA Names Conrad Voldstad as New CEO
Wall Street Journal, The | 3 days 14 hours 15 minutes ago
The International Swaps and Derivatives Association, Inc., the trade group representing the global derivatives markets, appointed Conrad Voldstad as chief executive officer.


AIG: To Work Actively And Closely With Taiwan Regulators For Nan Shan
Wall Street Journal, The | 3 days 7 hours 19 minutes ago
TAIPEI (Dow Jones)--American International Group Inc. (AIG) will work actively and closely with Taiwan regulators on its divestiture of Nan Shan Life Insurance Co., AIG spokeswoman Lauren Day said Friday.


AIG Board to Meet Tues, No Action on Benmosche: Source
ABC News | 3 days 14 hours 40 minutes ago
NEW YORK (Reuters) - An American International Group Inc's board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche's frustration with the U.


AIG board to meet Tues, no action on Benmosche: source
Reuters | 3 days 14 hours 38 minutes ago
NEW YORK (Reuters) - An American International Group Inc's (AIG.N) board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche's frustration with the U.S. government's involvement in the insurer's affairs, a source familiar with the matter said on Thursday.


AIG board to meet Tues, no plan on Benmosche-source
Reuters | 3 days 14 hours 38 minutes ago
NEW YORK, Nov 19 (Reuters) - An American International Group Inc's (AIG.N) board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche's frustration with the U.S. government's involvement in the insurer's affairs, a source familiar with the matter said on Thursday.


UPDATE 1-AIG board to meet Tues, no action on Benmosche-source
Reuters | 3 days 14 hours 26 minutes ago
NEW YORK, Nov 19 (Reuters) - An American International Group Inc's (AIG.N) board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche's frustration with the U.S. government's involvement in the insurer's affairs, a source familiar with the matter said on Thursday.


Geithner, under fire, defends AIG bailout
Business Insurance | 3 days 18 hours 4 minutes ago
U.S. Treasury Secretary Timothy Geithner defended on Thursday the costly bailout of American International Group Inc. and urged swift regulatory reform to safeguard the economy from the failure of big financial firms.


Lawmakers seek Fed audit after critical AIG report
Seattle Times, The | 4 days 19 hours 38 minutes ago
WASHINGTON A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group Inc.





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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