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Showing 141 - 150 of 212 results for "AIG"

AIG subsidiaries to separate

ALEX DUNNIN  |  TUESDAY, 3 MAR 2009
The record $A157 billion loss reported by AIG in the US and the resultant fourth rescue package from the US Treasury has resulted in the subsidiaries being quarantined into a special purpose vehicle, possibly in preparation for sale through an IPO. ...

The Ides of March

BENJAMIN ONG  |  TUESDAY, 3 MAR 2009
... statements alluding to this fact. Similar authorities in other countries have also made the same statements. Perhaps it was AIG's massive loss? AIG announced that it lost US$61.7 billion in the fourth quarter. The knight in shining armour that it's the ...

Market Wrap - Morning

AAP  |  TUESDAY, 3 MAR 2009
... below 6,900 for the first time since May 1, 1997. Investors are fleeing financials after the government said it would give AIG another $US30 billion in loans, besides the $US150 billion it has already injected into the company. Ahead of the final bell ...

Advisers award top insurers

MICHELLE BALTAZAR  |  THURSDAY, 26 FEB 2009
... category award winners were TOWER Australia for the Life Cover and TPD and Premium Rates, CommInsure for Trauma Insurance, AIG Life for Income Protection, Zurich Australia for Service Quality and Asteron for Product Features. In annuities, Challenger ...

China could own America

BENJAMIN ONG  |  TUESDAY, 24 FEB 2009
... economy. Among notable US institutions, American taxpayers only own or control a large chunk of Fannie Mae, Freddie Mac and AIG. Perhaps taxpayers could give themselves interest free loans and cheaper insurance premiums seeing that they virtually own ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... socialised most private properties. It remains a democracy. America too has taken over control of Fannie Mae, Freddie Mac and AIG. It remains a democracy. These standout democracies and many other nations including Australia (Qantas in 1947) - I counted ...

Introducing life cycle insurance: REST

RUTH LIEW  |  FRIDAY, 12 DEC 2008
... new product was not an easy feat and the fund has been working on the project for just under two years. The fund's insurer AIG along with CHR Consulting and administrator AAS joined forces with REST to develop the new package. This is also good news ...

Ho hum

BENJAMIN ONG  |  WEDNESDAY, 26 NOV 2008
... could be a bit of a stretch to extrapolate into good times just another bail-out announcement. American International Group (AIG), Freddie (Freddie Mac) and Fannie (Fannie Mae) were bailed out less than two months ago and the equity market kept on searching ...

In defense of Citi

BENJAMIN ONG  |  TUESDAY, 25 NOV 2008
... Lehman served its purpose. Lehman's failure is the reason why Fannie Mae and Freddie Mac and American International Group (AIG) still survive. The aftershock of Lehman bankruptcy served as a concrete and painful example of what happens when an institution ...

Good news at last for AIG

MICHAEL HOBBS  |  THURSDAY, 13 NOV 2008
At last some good news for AIG Life Australia with the company announcing a major upgrade of their insurance suite while also coming runner-up in the CoreData Life Company of the Year awards. The firm's Priority Protection insurance suite is receiving ...