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AIG

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Business

AIG proves poor investment for US government

The US Treasury has made a small profit on the sale of a portion of its shares in insurer American International Group. It is slowly reducing its

The US Treasury has made a small profit on the sale of a portion of its shares in insurer American International Group. It is slowly reducing its

Business

Prudential AIA deal off

Britain’s Prudential has given up on an attempt to buy American International Group’s Asian life insurance unit AIA. That followed shareholder

Britain’s Prudential has given up on an attempt to buy American International Group’s Asian life insurance unit AIA. That followed shareholder

Business

AIG rejects lower Pru offer

American International Group has flatly rejected an attempt by British insurer Prudential to cut the price its prepared to pay for AIG’s Asian life

American International Group has flatly rejected an attempt by British insurer Prudential to cut the price its prepared to pay for AIG’s Asian life

Business

Prudential to buy AIA

Britain’s Prudential plans to buy AIG’s Asian life insurance arm (AIA) for the equivalent of 26 billion euros. The deal will make it the undisputed

Britain’s Prudential plans to buy AIG’s Asian life insurance arm (AIA) for the equivalent of 26 billion euros. The deal will make it the undisputed

News

AIG bosses give their bonuses back

Many of the executives at US insurer AIG who received bonuses have said they will repay the money. Of the 20 biggest recipients, 15 have already

Many of the executives at US insurer AIG who received bonuses have said they will repay the money. Of the 20 biggest recipients, 15 have already

News

AIG bonuses 'showered like confetti'

It has been revealed that the stricken American insurance giant AIG paid out 40 million euros more in bonuses than had previously been stated

It has been revealed that the stricken American insurance giant AIG paid out 40 million euros more in bonuses than had previously been stated

News

Obama says he'll fix AIG payout scandal

US President Obama has been trying to defuse public anger over bonus payments by the bailed out insurance giant AIG. Billions of public funds have

US President Obama has been trying to defuse public anger over bonus payments by the bailed out insurance giant AIG. Billions of public funds have

Business

AIG bonus row continues

In the latest round of the AIG bonus row the insurance companies boss Edward Liddy has faced angry politicians arrives at the US Congress. He said

In the latest round of the AIG bonus row the insurance companies boss Edward Liddy has faced angry politicians arrives at the US Congress. He said

Business

Ailing AIG to get more government help

Too big to be allowed to fail, the ailing insurer American International Group is to get more US government bailout money even though it has reported

Too big to be allowed to fail, the ailing insurer American International Group is to get more US government bailout money even though it has reported

Business

AIG may ask for more bailout money

American International Group – which was twice rescued last year by the US government – is reportedly in talks about getting more aid. Details

American International Group – which was twice rescued last year by the US government – is reportedly in talks about getting more aid. Details

Business

Munich Re snaps up HSB from AIG

German reinsurer Munich Re has bought AIG’s HSB group for 531 million euros in cash as the American giant struggles to raise money to pay off a huge

German reinsurer Munich Re has bought AIG’s HSB group for 531 million euros in cash as the American giant struggles to raise money to pay off a huge