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Stock Market & Financial Investment News

News Breaks
December 7, 2012
16:06 EDTAIGAIG sees preliminary estimate of losses from Hurricane Sandy about $1.3B
American International Group announced that its preliminary estimate of AIG's after-tax losses related to Storm Sandy, net of reinsurance, will total approximately $1.3B. This estimate reflects a pre-tax loss estimate, net of reinsurance, totaling approximately $2B. AIG expects to make a capital contribution to its U.S. property casualty insurance subsidiaries of $1B from existing, readily available funds. In 2012, AIG Property Casualty has paid dividends to AIG Inc. totaling $2.4B. As of September 30, AIG Property Casualty's equity totaled $49.6B, and AIG Inc.'s equity totaled $102.4B.
News For AIG From The Last 14 Days
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September 30, 2014
15:06 EDTAIGFed will begin study to evaluate impact of capital rules on insurance companies
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September 29, 2014
08:24 EDTAIGAIG bailout challenged by former CEO Greenberg, WSJ reports
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September 19, 2014
11:19 EDTAIGAIG loss of Jay Wintrob a 'big deal,' says Wells Fargo
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September 18, 2014
16:30 EDTAIGAIG Life & Retirement CEO Jay Wintrob leaving company
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