Nov 6th, 2009 - CBS News
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AIG said Friday it was profitable for the second straight quarter as its core insurance operations continue to stabilize after the company's bailout by the government last year.
American International Group Inc. also got a lift from the increasing value of investments it still holds that soured last year and helped drive it to the brink of collapse.
Despite the improved performance, AIG CEO Robert Benmosche warned earnings will remain choppy as the company executes its restructuring plan.
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AIG Taps $4.2 Billion From Treasury for Two Units
Nov 6th, 2009 - Bloomberg
Nov. 6 (Bloomberg) -- American International Group Inc.,the insurer rescued by the U.S., tapped the Treasury Departmentfor another $4.2 billion to help restructure its money-losingmortgage guarantor and the plane unit it’s trying to sell.
AIG Plunges as Sales Decline at Property-Casualty, Life Units
Nov 6th, 2009 - Bloomberg
Nov. 6 (Bloomberg) -- American International Group Inc.,the insurer bailed out by the U.S., fell the most in two monthsin New York trading after posting sales declines at itsproperty-casualty and life insurance divisions.
The insurer slipped $3.76...AIG posts second quarterly profit
Nov 6th, 2009 - BBC NEWS
The insurer still owes the government $85.7bn in loans
Insurer AIG, which was saved by the US government last year, has reported its second straight quarterly profit.
Net income for the three months to September was $92m...AIG posts 2nd consecutive quarterly profit
Nov 6th, 2009 - Washington Post
American International Group, the insurance giant whose near-collapse last year prompted a massive federal bailout, on Friday posted its second consecutive quarterly profit...
AIG Posts Net Income of $455 Million; Sales Decline
Nov 6th, 2009 - Bloomberg
Nov. 6 (Bloomberg) -- American International Group Inc.,the insurer bailed out by the U.S., posted its second straightprofit as investment losses narrowed and catastrophe costsdeclined...
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