American International Group, Inc.
News and overview for American International Group, Inc.
AIG Implements Robert H. Benmosche s Compensation Agreement [Press Release]
Business Wire | 9 hours 20 minutes ago
As required by New York Stock Exchange rules, American International Group, Inc. (AIG) today announced that it is implementing Mr. Benmosche’s previously announced compensation agreement. AIG disclosed the agreement on August 17th, 2009, in a Form 8-K filed with the Securities and Exchange Commission.
Critical Alerts for AIG, Baidu.com, PPG, Jefferies Group, and Valeant Pharmaceuticals Released by Seven Summits Research [Press Release]
PRNewswire | 11 hours 1 minute ago
...PPG, Jefferies Group, and Valeant Pharmaceuticals...following stocks: American International Group, Inc. , Baidu, Inc...Inc. , Jefferies Group Inc. , and Valeant Pharmaceuticals International . In today's...
NYPPEX Report: Net Liquidity for Capital Calls Varies Widely Among Insurance Companies [Press Release]
Business Wire | 5 days 8 hours 15 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 | 4 days 22 hours 32 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 | 18 days 19 hours 24 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 | 18 days 17 hours 39 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 | 22 days 10 hours 20 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 | 19 days 6 hours 55 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 | 21 days 10 hours 5 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 | 8 days 7 hours 55 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 | 7 days 3 hours 40 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 | 18 days 14 hours 46 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 | 43 days 5 hours 2 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 | 13 days 17 hours 44 minutes ago
Reuters Robert H. Benmosche
AIG post second consecutive profit, shares fall - MarketWatch
MarketWatch | 18 days 17 hours 12 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.
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 |