- AIG owes $120.7 bn in public aid: GAO
US insurance giant AIG, partly nationalized a year ago to avert a collapse authorities said would destabilize the global financial system, ...
22 Sep, 2009, 03.29 AM IST
- As AIG stabilizes, new bailout plan considered
Insurer American International Group Inc's once-desperate financial state has started to stabilize, a government agency said on Monday, as ...
22 Sep, 2009, 01.30 AM IST
- White House OK with $7 million salary for AIG CEO
The White House is fine with bailed-out insurer AIG's decision to pay its new chief executive $7 million a year.
19 Aug, 2009, 01.32 AM IST
- Tatas look to buy out AIG in life insurance JV
The possibility of Tatas buying AIG’s stake gathered steam in the aftermath of financial crisis. Gainers: BSE ( A, B ), NSE | Losers: BSE (...
06 Aug, 2009, 08.21 AM IST
- AIG sells Tokyo headquarters to Nippon Life for $ 1.2 bn
Bailed-out US insurance giant AIG on Monday said it will sell its prime Japanese headquarters in Tokyo to Nippon Life, Japan's largest insu...
11 May, 2009, 08.48 PM IST
- AIG sells two business units
American International Group, the US taxpayer-bailed out insurance giant, said Thursday it has sold two business units for more than one bi...
03 Apr, 2009, 01.31 AM IST
AIG's bonus payment to be deducted from bailout: ReportUS will deduct $165 mn that AIG paid its top executives as bonus from the $30 bn the firm is due to get as part of its bailout package. Gai...
18 Mar, 2009, 10.29 PM IST
- AIG boss faces grilling in angry Congress
AIG boss Edward Liddy was set on Wednesday to take the hot seat in front of furious US lawmakers as a political firestorm rages over lavish...
18 Mar, 2009, 08.38 AM IST
US Treasury directs AIG to trim $1-b retention pay, bonus planAIG, the insurer saved from collapse by a $170 billion taxpayer bailout, was ordered by the US Treasury to scale back its $1 billion plan t...
16 Mar, 2009, 12.00 AM IST
- AIG warned of global chaos to make its case
AIG appealed for its fourth US rescue by telling regulators the company’s collapse could cripple money-market funds, force European banks t...
10 Mar, 2009, 03.13 AM IST
- AIG will not renew Manchester United sponsorship
American insurance giant AIG said on Wednesday it would not renew its shirt sponsorship deal with European and world club soccer champions ...
21 Jan, 2009, 02.09 PM IST
- AIG, Fed to terminate some debt obligations
AIG and the US govt are working together to relieve the giant insurer of its obligations on about $65 billion in debt.
03 Dec, 2008, 10.13 PM IST
- China in talks to buy stake in AIG unit: Report
A consortium led by China's sovereign wealth fund is in talks with struggling US insurance giant American International Group to acquire a ...
21 Nov, 2008, 08.25 AM IST
- AIG reportedly near deal on new government bailout
American International Group Inc. late on Sunday was reportedly near a deal for a revised bailout package from the US government that would...
10 Nov, 2008, 07.34 AM IST
- AIG in talks with Fed over new bailout package: Report
AIG is believed to have sought a new bailout package from the US government in less than two months after the insurance giant received a lo...
09 Nov, 2008, 05.09 PM IST
- Insurance giant AIG's role in market crisis probed
The government's rescue of insurance giant American International Group Inc. last month is getting a critical eye from lawmakers examining ...
07 Oct, 2008, 11.47 AM IST
- AIG plans asset sales to repay US debt
Embattled insurance giant AIG announced plans Friday to sell off "non-core" assets to pay off its loan from the US Federal Reserve, which w...
04 Oct, 2008, 05.14 AM IST