AIG Surpasses Zacks Estimates
Zacks.com - Mon Nov 9, 12:03 pm ETAIG's third-quarter operating earnings of $1.9 billion were substantially ahead of the Zacks Consensus Estimate.
AIG's third-quarter operating earnings of $1.9 billion were substantially ahead of the Zacks Consensus Estimate.
CHICAGO -(Dow Jones)- American International Group Inc. (AIG) has used some of its government credit line to help prop up its aircraft leasing business. Now, that unit has agreed to help pay the money back.
TAIPEI -(Dow Jones)- American International Group Inc. (AIG) said Monday the process through which it sold its Taiwanese life insurance unit to a consortium led by Primus Financial Holdings Ltd. was consistent with best practices, following criticism from one of the unsuccessful bidders for the unit.
Nov. 10 (Bloomberg) -- American International Group Inc. , the insurer bailed out by the U.S., will be able to repay its Federal Reserve credit line and “much or all” of the Treasury Department’s investment if financial markets stabilize, Moody’s Investors Service said.
NEW YORK (AP) -- AIG said Friday it was profitable for the second straight quarter as its core insurance operations continue to stabilize after the company's bailout by the government last year.
Nov. 9 (Bloomberg) -- American International Group Inc. , the insurer bailed out by the U.S., will be able to repay its Federal Reserve credit line and “much or all” of the Treasury Department’s investment if financial markets stabilize, Moody’s Investors Service said today.
Premium volume was off by more than 13 percent as rates continue their downward drift.
AIG, the giant insurer bailed out by the U.S. government, posted its second straight quarterly profit, helped by recovery in the value of its investments, but its underlying business remained weak and its shares fell.
AIG said Friday that it was profitable for the second consecutive quarter as its core insurance operations continue to stabilize after the company's bailout by the government last year. American International Group Inc. also said the amount of its government... Insurance - American International Group - Business - Government - bailout
NEW YORK | AIG said Friday it was profitable for the second straight quarter as its core insurance operations continue to stabilize after the company's bailout by the federal government last year. American International Group Inc. also said the amount of its government financial assistance dropped by 4 percent during the third quarter. Its results got a lift from the increasing value of ...
Bailed out insurance giant AIG on Friday announced a profit of 455 million dollars in the third quarter, a massive turnaround from a 24.4 billion dollar loss in the same period last year.