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Boosted By Bailout, AIG Racks Up Profitable Quarter

Nov. 6, 2009
AIG said it posted profits for the second quarter in a row as its core insurance operations continue to stabilize after the company's government bailout last year. American International Group Inc. also got a lift from the increasing value of investments it still holds that soured last year and...
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AIG losses record $62 billion in quarter

AIG losses record $62 billion in quarter

WASHINGTON, March 2 (UPI) -- U.S. insurance giant AIG said it lost $61.65 billion in the fourth quarter, a sharp about-face from fourth quarter 2007, when the company gained $5.2 billion.

N.Y. court proceeds with AIG case

NEW YORK, Dec. 5 (UPI) -- A New York judge refused to dismiss breach of fiduciary duty charges against American International Group Inc.'s former chairman, Maurice Greenberg.

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AIG buys marine insurance business

NEW YORK, Oct. 3 (UPI) -- American International Group Inc. has purchased the U.S. ocean marine business of Arch Insurance Co.

AIG names new chairman

NEW YORK, Sept. 20 (UPI) -- American International Group Inc. named Robert B. Willumstad as chairman of the big insurance conglomerate.

AIG buys Taiwanese firm for $184M

TAIPEI, Taiwan, Feb. 17 (UPI) -- American International Group Inc. said Friday one of its units is paying about $184 million for Taiwan's Central Insurance Co. Ltd.

AIG talks with authorities about settling

NEW YORK, July 11 (UPI) -- American International Group Inc. lawyers are talking with U.S. and New York authorities about settling accounting-related allegations against the insurer.

Long-time AIG head steps down

NEW YORK, March 15 (UPI) -- The long-time head of American International Group Inc. has stepped down amid regulatory investigations, the Wall Street Journal said Tuesday.

AIG under federal investigation

WASHINGTON, Oct. 21 (UPI) -- New York insurer American International Group said Thursday it is under investigation by a federal grand jury.
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Vietnam Veterans Memorial Visited in Washington
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Veterans etch the names of their friends inscribed on the Vietnam Veterans Memorial on the 50th anniversary of the Vietnam War on May 26, 2012 in Washington, DC. More than 58,000 names of the servicemen who were killed or missing in the war are engraved on The Wall. UPI/Pat Benic