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American International Group News

News on American International Group (Ticker: AIG) continually updated from thousands of sources around the net.

3 min ago | The Washington Post

AIA Profit Falls Less-Than-Expected 20% as New Business Grows

AIA Group Ltd., the second-largest Asia-based insurer, posted a smaller-than-expected 20 percent decline in profit for the first half as new business growth helped offset weaker regional stock markets.

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Related Topix: Insurance, Business News

6 hrs ago | The Motley Fool

Can Ally Financial Pull Off an AIG-Style Turnaround?

Though the auto finance company may not immediately be able to woo investors who are still put off by the company's financial history, its $17.2 billion bailout and low profitability, Ally Financial has great potential to increase earnings and valuation multiples once the government has completely divested of its remaining equity stake.

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Related Topix: Insurance

Wed Jul 23, 2014

Bloomberg

AIG Is Lead Insurer of TransAsia Plane Crashed in Taiwan

American International Group Inc. is the lead insurer of the TransAsia Airways Corp. passenger plane that crashed near Taiwan's Magong airport, according to Aon Plc, a broker that tracks the market for aviation coverage.

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Related Topix: Insurance, Air Accidents, Commercial Aircraft, Aircraft, ATR 72, ATR Aircraft

The China Post

New York festival set to screen Taiwanese films

Four Taiwan-produced films will be screened at the upcoming 37th Asian American International Film Festival in New York, with each showing a different side of Taiwanese society.

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Related Topix: Insurance, Taiwan, World News

Forbes.com

JAKKS Sales Fly On 'Frozen' Toys, But Struggles To Meet Demand Hit Stock

While " Frozen -mania" swept the nation and renditions of "Let It Go" flooded the Internet, JAKKS Pacific investors were not singing along.

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Related Topix: Toys, JAKKS Pacific, Insurance

Tue Jul 22, 2014

The Washington Post

U.S. Said Poised to Designate MetLife as Systemically Important

A U.S. council of regulators is poised to label MetLife Inc. a potential threat to the financial system, subjecting the insurer to oversight by the Federal Reserve, two people with knowledge of the matter said.

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Related Topix: Insurance, MetLife, Business News

The Motley Fool

American International Group: Why The Warrants May be a Better Bet Than The Common Stock

While a lot of attention, naturally, focuses on AIG's common stock, there is another instrument with which investors can play a normalization of valuations in the insurance sector: Warrants.

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Related Topix: Insurance

Mon Jul 21, 2014

The Washington Post

Miller Says Tax Approach Like Locking Burning Theater's Door

American International Group Inc. Chairman Steve Miller said lawmakers should bring U.S. corporate tax rates in line with other nations' to halt firms from switching their legal address to cut obligations.

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Related Topix: Insurance, US Politics, US News, US Senate, Ron Wyden, Democrat, Business News

Sun Jul 20, 2014

Mid-Day Mumbai

A hard-hitting film on sex slavery

Sold, a feature film on sex slavery will premiere at the 37th Asian American International Film Festival in New York on July 24. With a 13-year-old Indian girl as the lead, the guide speaks to Mumbai-based casting director Tess Joseph to understand how the young acting talent was discovered Child trafficking drama, Sold, is Academy-Award winning ... (more)

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Related Topix: Insurance

Korea Herald

What to fear if China crashes

Few moments in modern financial history were scarier than the week of Sept. 15, 2008, when first Lehman Brothers and then American International Group collapsed.

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Related Topix: Investment Banking, Lehman Brothers, Financial Services, Insurance, Foreclosures

Business Insurance

Q&A: Brian Duperreault, Hamilton Insurance Group

Insurance industry executive Brian Duperreault has a new challenge. After an acclaimed career spanning time at American International Group Inc., Ace Ltd. and Marsh & McLennan Cos.

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Related Topix: Insurance, ACE

Sat Jul 19, 2014

TwinCities

Securian boss retiring

Counterclockwise from left: Securian employees Imran Morrin, a Strategic Business Development Analyst, Robert Senkler, CEO, Andrea Anderson, Manager, Employment Services and Billy Edwards, Advisor Development Consultant have lunch together in the company cafeteria in St. Paul on Tuesday, July 1, 2014.

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Related Topix: 9, Insurance

Seeking Alpha

After A Transformative Deal, Can AerCap Holdings Climb Higher?

Acquiring ILFC from AerCap has more than quadrupled AerCap's fleet, further diversified the business mix, and brought in more than $2 billion of embedded value in the order book.

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Related Topix: Insurance

Fri Jul 18, 2014

Business Insurance

Insurers must pay MBIA's legal costs from restructuring: Court

Lloyd's of London syndicate underwriters, an American International Group Inc. unit and a German insurer are obligated to pay defense and settlement costs in connection with MBIA Inc.'s 2009 restructuring under the insurer's financial institutions professional indemnity primary and excess policies, a federal court has ruled.

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Related Topix: MBIA, Insurance, Armonk, NY, World News, Germany,

Hispanic Business

Forestar Group Inc. Files (8-K) Disclosing Entry into a Material...

FORESTAR GROUP INC. FILES Disclosing Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits Item 1.01.

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Related Topix: Insurance

Thu Jul 17, 2014

The Hartford Courant

Q&A With Voya Financial CEO Rodney Martin

The separation required a rebranding, an initial public offering of stock, a completely new balance sheet, and a strategy to compete with the likes of much larger competitors like Prudential Financial and MetLife .

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Related Topix: ING Group, Insurance, Prudential Financial, MetLife, Bank of New York, Banking, Financial Services, Federal Reserve Bank of New York

Seeking Alpha

Bank Of America: One Last Blow Of Penalty Remaining

Bank of America continues to get punished for wrapping shoddy home loans into residential mortgage-backed securities and selling them to investment-illiterate investors.

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Related Topix: Banking, Bank of America, Financial Services, Home, Mortgage, Personal Finance, US News, Insurance

Bloomberg

Berkshire Gets $3 Billion in Liberty Mutual Risk Transfer

Warren Buffett 's Berkshire Hathaway Inc. agreed to backstop as much as $6.5 billion of Liberty Mutual Holding Co.'

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Related Topix: Construction, Berkshire Hathaway, Investment Services, Insurance

TheStreet.com

Will This Ratings Initiation Help American International Group (AIG) Stock Today?

Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.

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Related Topix: Insurance, Mozilla, TheStreet

Reuters

UPDATE 1-BofA pays AIG $650 million to settle mortgage disputes

Bank of America Corp agreed to pay the insurer American International Group Inc $650 million to settle long-running legal disputes over defective mortgage-backed securities that the bank sold in the run-up to the financial crisis.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Bank of America, Financial Services, Insurance, BlackRock, Investment Services, MetLife

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