AIG
Prudential launches record cash call to buy Asian insurer
British insurance giant Prudential said Monday it will raise 14.5 billion pounds (17 billion euros, 21 billion dollars) from the sale of new shares...
Insurer AIG swings back to profit in first quarter
Bailed out US insurance giant AIG posted on Friday a better than expected net profit of 1.45 billion dollars in the first quarter, a...
Prudential delays rights issue to fund Asian insurer buyout
British insurer Prudential on Wednesday said it had decided to delay launching a rights issue aimed at helping to fund a 35.5-billion-dollar takeover of...
Prudential gets approval for Hong Kong listing
London-listed insurer Prudential has been given the green light by the Hong Kong Stock Exchange to list on the city's bourse, a report said...
AIG considers action on Goldman
Insurance giant AIG may pursue Goldman Sachs on losses from six billion dollars of insurance deals similar to those that prompted recent SEC fraud...
British insurer Aviva to return in Asia
Aviva said on Friday it will re-enter Asia's general insurance business with the launch of services in Singapore, one month after rival Prudential bought...
Goldman Sachs holds up clean hands over AIG
US investment bank Goldman Sachs has refuted allegations that it profited improperly from the state rescue of insurance giant AIG and that it took...
Florida students apply artistic talent to message on safety belts
Thousands of students in Florida believe that safety belts save lives and dozens of them throughout the state captured their artistic vision of how...
Taiwan aims to rule on AIG unit’s deal by June
Taiwan aims to make a decision by the end of June on the controversial sale of the local unit of American International Group (AIG)...
Bernanke expects Fed to get repaid by AIG, Bear Stearns
The Federal Reserve expects to get full repayment from its 2008 emergency loans to rescue insurance giant AIG and back the purchase of brokerage...
US: New AIG bonuses ignited a political firestorm
A new furor erupted Wednesday as AIG revealed plans to pay 100 million dollars in bonuses a year after similar payments by the bailed-out...
US: Geithner acted properly in AIG bailout
Facing a grilling from angry lawmakers, Treasury Secretary Timothy Geithner on Wednesday defended his actions in the 2008 bailout of AIG and on the...
US: Geithner on hot seat over AIG before restive Congress
US Treasury Secretary Timothy Geithner appears this week before lawmakers angry over his part in the bailout of insurance giant AIG, with concerns mounting...
AIG in talks with Metlife to sell Alico
AIG is in talks with MetLife Inc. to sell one of its largest insurance units for between $14 billion and $15 billion, according to...
US Fed welcomes AIG bailout probe
Federal Reserve chairman Ben Bernanke said Tuesday he "would welcome" a congressional probe into the controversial government bailout of insurance giant AIG during the...
US: Geithner to testify over AIG bailout controversy
US Treasury Secretary Timothy Geithner has agreed to testify before a congressional committee over the controversial government bailout of insurance giant AIG during the...
House subpoenas AIG documents from NY Fed, Geithner
A congressional panel Wednesday subpoenaed documents on the US bailout of insurance giant AIG in 2008, including from Timothy Geithner, the former New York...
Outgoing AIG counsel Kelly Anastasia to be paid $2.8 million
A top executive at American International Group Inc has resigned because of pay curbs imposed by the Obama Administration's pay czar, the insurer said...
Outgoing AIG counsel Anastasia Kelly to get millions in severance pay
AIG is preparing to pay its departing general counsel several million dollars in severance after she resigned over federal pay curbs, the Wall Street...
Taiwan hopes Nan Shan application to be resubmitted
Taiwan's top financial regulator told lawmakers Wednesday he hopes the consortium that won the bidding for American International Group Inc.'s (AIG) Taiwan unit will...
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