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American International Group Inc.

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Czar puts ceiling on pay packages at bailed-out AIG

23.10.09
US pay czar Kenneth Feinberg has rejected pay packages proposed by bailed-out insurance giant American International Group and branded them inconsistent with the public interest ... more

AIG to sell Taiwanese business for $182bn

13.10.09
American International Group today agreed the biggest asset sell-off since the $182 billion (£115.5 billion) bail-out of the giant insurer by the US government last year ... more

Bailed-out US insurer AIG set to pay bonus millions

10.07.09
Disgraced insurer American International Group is poised to pay a string of multi-million-dollar bonuses to executives despite taking US government aid of $180 billion to prevent its total collapse... more

Zurich buys AIG motor insurer for £1.3 billion

17.04.09
Fallen insurance giant American International Group (AIG) sold its US motor insurance business to Zurich Financial Services for $1.9 billion (£1.3 billion)... more

AIG execs in London shun bonuses return

25.03.09
Top London executives at failed insurance giant American International Group are among those refusing to hand back their 2008 bonuses... more

AIG stars to hand back $50m bonuses

24.03.09
Top executives at American International Group, the bailed-out insurer, have agreed to return about $50 million of bonuses paid last year... more

Geithner seeks new bailout powers

24.03.09
US Treasury Secretary Timothy Geithner has called for more power to deal with failing financial institutions other than banks, such as insurance giant AIG... more

Washington anger over bank's AIG bailout cash

20.03.09
If Goldman Sachs is feeling the heat in Westminster, that is nothing compared with the anger it faces in Washington... more

Barclays got £6bn of insurer's bailout cash

16.03.09
Barclays is one of the single largest beneficiaries of the US government's bailout of AIG, it has emerged... more

$1m bonuses paid to AIG's Mayfair toxic debts team

16.03.09
Bankers at AIG's disgraced Mayfair operations - dubbed the Ground Zero of the financial crisis - are receiving $1 million bonuses... more

Did rescue of insurer save Goldman?

16.03.09
The Goldman Sachs spokesman could not have been firmer... more

Insurer AIG's $60 billion hit expected to be biggest ever quarterly loss

24.02.09
Insurance: Struggling insurance giant American International Group is heading for the biggest quarterly loss in corporate history - losing a massive $60 billion... more

Fraud Police to probe AIG

12.02.09
An inquiry has been launched into suspected financial irregularities in the UK operation of the American International Group (AIG)... more

AIG seeks £7.8bn in aircraft leasing sale

06.01.09
Transport: The airline leasing company that oils the wheels of the global aviation industry is up for sale in an increasingly desperate attempt by its parent AIG to raise up to $10 billion... more

It's full steam ahead for a £671m sell-off by AIG

22.12.08
Embattled insurer AIG is said to be close to a sale of Hartford Steam Boiler, the largest North American equipment-breakdown insurer, to Munich Re for up to $1 billion... more

Blowing cold in the Lords on windpower

26.11.08
Building thousands of turbines to meet Britain's renewable energy commitments by 2020 is likely to be a disaster... more

Weinberg lifeline for AIG collapse victims

17.11.08
Investment: Sir Mark Weinberg’s St James’s Place group has offered a support package to those who have lost heavily from the collapse of US insurance giant AIG... more

Fed's bailout for AIG rises to £96 billion

10.11.08
Ailing AIG is to receive an increased $150 billion bailout package from the US Federal Reserve in a sign that the insurance giant needs far more help than previously announced... more

AIG freeze on payout for boss

23.10.08
Insurance: American International Group is to freeze a $19 million payout to former chief executive Martin Sullivan... more

Rescued AIG probed over 'outrageous expenditures'

16.10.08
Insurance: American International Group is facing an investigation for "unwarranted and outrageous expenditures" after paying hefty executive bonuses and spending £50,000 on a UK shooting trip... more

AIG 'may have misled auditors'

13.10.08
Insurance: American International Group executives knew of potential problems in valuing derivatives contracts known as credit default swaps long before the market was hit by crisis, according to documents released by congressional investigators... more

Austerity at bailed-out American International Group

10.10.08
New economic realities are about to hit employees of the American International Group (AIG), which has cancelled meetings and conferences amid uproar over past excesses.... more

AIG in line for another cash boost

09.10.08
Insurer American International Group (AIG) could get another $38 billion (£21.94 billion) in government cash under a new investment plan by the Federal Reserve... more

AIG blasted for ‘luxury’ retreat

08.10.08
Insurance: US politicians have attacked executives of the AIG who staged a luxury retreat at shareholders’ expense days after the government gave the insurer an $85bn rescue loan... more

AIG sells stake in City Airport

30.09.08
Transport: Beleaguered insurer American International Group has reached a deal to sell its 50% stake in London City Airport to its partners in the venture... more

Insurer AIG seals deal for £46bn rescue by taxpayer

24.09.08
Insurance: American International Group (AIG) has completed the deal under which it is getting an $85 billion (£45.9 billion) injection of US taxpayers' money... more

AIG backers in rescue quest

22.09.08
Insurance: Disgruntled shareholders of American International Group (AIG) are meeting in New York to try to find an alternative to the Federal Reserve takeover that dilutes their stakes... more

AIG ex-boss takes a hit of £3.3 billion

18.09.08
Insurance: Former American International Group chief Hank Greenberg lost £3.32 billion on his stake in the insurer... more

Sympathy is in short supply for AIG’s boss

18.09.08
Not too many tears for AIG's beleaguered chief executive Bob Willumstad, City Spy senses... more

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