Edward Liddy News
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American International Group Inc. said it’s taking another step to distance itself from a 2008 bailout and the public outrage that followed by rejecting a former chief executive officer’s lawsuit over the rescue.
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American International Group Inc. opted against joining its former chief executive officer in a lawsuit against the U.S. after lawmakers said the case was an insult to taxpayers who bailed out the insurer.
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American International Group Inc. has cut a tie to its founding in Asia as the company winds down bets on non-U.S. life insurance.
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The U.S. Treasury Department is exiting its equity stake in American International Group Inc. through the final sale of shares acquired as part of a 2008 bailout that swelled to $182.3 billion.
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American International Group Inc.’s rescue is coming to an end more than four years after the U.S. took over the company to save the global economy in a bailout that fueled resentment against Wall Street.
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American International Group Inc.’s rescue has come to an end with the U.S. raising $7.6 billion in its final offering of the insurer’s shares, four years after a bailout that fueled resentment against Wall Street.
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Robert Benmosche , who said the U.S. will be repaid with interest for American International Group Inc. ’s bailout, is set to become the insurer’s longest-serving chief executive officer since the firm’s near-collapse in 2008.
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American International Group Inc. , once the world’s largest insurer, struck a deal to repay the Federal Reserve as the company works toward independence, less than two years after the bailed-out firm’s then-leader said the AIG name was “disgraced.”
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American International Group Inc., the insurer that counts the U.S. as its largest shareholder, posted a fourth straight profit as gains in the value of its AIA Group Ltd. stake fueled investment results.
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American International Group Inc. , the bailed-out U.S. insurer, has struggled to sell its main Asian unit as competitors balked at the price after a decline in global markets reduced funding options.
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