American International Group News

In this April 17, 2009 file photo, a sign at the Citigroup Center is seen in New York.

U.S. property and casualty insurers, a group including American International Group Inc.

When shareholders in seven companies recently rebuffed proposals to move their corporate homes to North Dakota, the state's own employee pension fund was among the stockholders that opposed making the switch.

Unwinding portfolio puts Wall Street veteran Pasciucco in vortex of storm Richard Teitelbaum and Hugh Son Bloomberg News Gerry Pasciucco stared out from his office on midtown Manhattan's 48th Street, weighing the riskiest trade of his life.

They are the biggest of the big _ the Citigroups, the Goldman Sachses, the AIGs and other financial behemoths.

AIG falls after it warned that a decline in derivatives sold to European investors may be material.

ABOUT 10 global and Taiwan financial firms have submitted bids to buy troubled American International Group's Taiwanese insurance unit, newspapers said on Saturday, in a deal that could fetch up to over US$2 billion .

Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist, today announced that it has appointed Richard Booth as Vice Chairman, effective July 7. In this role Mr.

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American International Group Inc. said late Wednesday it has closed the sale of 21st Century Insurance Group to Farmers Group Inc.

U.S. stocks closed lower after consumer confidence declined. Foreclosures rate surged on prime loans and across loan types in the first quarter.

Stock futures pointed to a higher start on Wall Street on Tuesday, with futures for the S&P up 0.4 percent, Dow Jones futures up 0.2 percent and Nasdaq 100 futures up 0.1 percent at 5 a.m. EDT.

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE: American International Group Inc., down $5.12 at $18.08 At the battered insurers annual meeting Tuesday, investors approved a reverse 20-for-1 stock split meant to boost the share price.

Zurich Financial Services AG , Switzerlanda s largest insurer, plans to expand U.S. residential coverage by selling policies to customers it added with the purchase of American International Group Inc.

Wednesday, 1 July 2009, 8:31 am Article: Businesswire While you were sleeping: US consumer confidence dips, Wall St falls July 1 – Stocks on Wall Street fell after consumer confidence fell and figures showed an increase in defaulted home loans, fueling concern the world's biggest economy won't recover quickly.

American International Group Inc. on Wednesday said it agreed to sell all of its ownership interests in its consumer finance operations in Colombia, the latest in a recent string of asset sales by the embattled insurer to bolster its finances.

Shares of the following companies are having unusual moves in U.S. trading this morning.

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE: American International Group Inc., down 17 cents at $1.16 Shareholders voiced disappointment over the embattled insurer's near-collapse last fall during a short, relatively calm meeting.

American International Group Inc. , the insurer bailed out by the U.S., has an a oeexcellent chancea of repaying the government, outgoing Chief Executive Officer Edward Liddy said today at the companya s annual meeting.

NEW YORK_Embattled insurer American International Group Inc. disclosed in a regulatory filing that it could face additional losses on credit default swaps remaining on its books.