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Stock Market & Financial Investment News

News Breaks
January 9, 2013
10:16 EDTAIGAIG enters $400M reinsurance transaction with Compass Re
AIG announced that it has entered into a reinsurance transaction with Compass Re, which will provide $400M of peak-zone protection against U.S. hurricanes and earthquakes.To fund its potential obligations to AIG, Compass Re issued a $400M catastrophe bond in a single tranche. The transaction closed on December 27, 2012 and provides AIG with fully collateralized coverage against the losses described above on a per-occurrence basis through December 2014 using an index trigger with state-specific payment factors.
News For AIG From The Last 14 Days
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April 9, 2014
07:02 EDTAIGAIG poised to surge this year, says Bernstein
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April 8, 2014
06:04 EDTAIGStocks with implied volatility movement; WFM AIG
Stocks with implied volatility movement; Whole Foods (WFM) 33, AIG (AIG) 24 according to iVolatility.
April 7, 2014
07:03 EDTAIGAIG loss ratio to continue to improve, says Bernstein
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April 4, 2014
07:21 EDTAIGAIG sues NY regulator over investigation of insurance marketing, Reuters says
AIG said it is suing the New York State Department of Financial Services and its superintendent, Benjamin Lawsky, to force them to back off a threatened expensive enforcement proceeding over possible violations of state law by a former unit, reported Reuters. Reference Link
April 3, 2014
06:55 EDTAIGAIG shares can double or more, says Bernstein
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