American International Group Inc


  • AIG's Benmosche to resign; Hancock tapped as CEO Tuesday, 10 Jun 2014 | 4:09 PM ET
    Peter Hancock

    American International Group announced that CEO Bob Benmosche is will resign as of Sept. 1. He will be replaced by Peter Hancock.

  • $1M crushed to less than $55,000 by 3 stocks Tuesday, 10 Jun 2014 | 1:35 PM ET
    Traders on the floor of the New York Stock Exchange.

    Unlucky investors that put $1 million into these S&P 1500 stocks in 2007 would have seen their investments fall to $54,000 or less. USA Today reports.

  • UPDATE 1-Metlife to buy back up to $1 billion shares Tuesday, 10 Jun 2014 | 6:47 AM ET

    June 10- Insurer Metlife Inc said it would buy back up to $1 billion of its common stock, using existing authorizations from its board. Kandarian had said in July that Metlife is not a systemically important financial institution whose failure could pose a threat to United States' financial stability.

  • Early movers: UPS, GPS, AIG, PNRA, MW, BAC & more Friday, 6 Jun 2014 | 7:32 AM ET

    Some of the names on the move ahead of the open.

  • Greenberg on Tiananmen: AIG did the right thing Wednesday, 4 Jun 2014 | 11:30 AM ET

    The former AIG CEO made the decision to stay in China in 1989, even as other Western businesses fled the country.

  • U.S. Senate adjusts capital rules for insurers Wednesday, 4 Jun 2014 | 7:48 AM ET

    WASHINGTON, June 4- The U.S. Senate has approved a bill tweaking the 2010 Dodd-Frank law's treatment of insurers, a rare adjustment to the Wall Street reform law that had been sought by the industry.

  • WASHINGTON, June 2- The U.S. Thomas Sullivan, who led the Connecticut Insurance Department from 2007 through 2010 and later worked at PricewaterhouseCoopers, told Reuters he starts as a senior adviser on June 9.

  • Why the Geithner wars will go on and on Friday, 23 May 2014 | 11:50 AM ET
    Timothy Geithner

    The arguments over whether Tim Geithner made the right move with the bailouts will only heat up as the midterm elections approach, Politico's Ben White says.

  • NEW YORK, May 19- A federal appeals court said Bank of America Corp was not liable to shareholders for allegedly concealing a $10 billion fraud lawsuit by American International Group Inc, whose filing led to a 20- percent one-day plunge in the bank's stock price.

  • Leon Cooperman unveils his favorite stocks Thursday, 15 May 2014 | 3:53 PM ET
    Leon Cooperman, Chairman and CEO of Omega Advisors

    Financials are among the top stock picks from Omega Advisors' Leon Cooperman.

  • May 12- American International Group Inc's search for its next chief executive has narrowed down to two internal candidates, the Wall Street Journal reported, citing people familiar with the matter.

  • Senior members of the U.S. House of Representatives' Financial Services Committee said in a letter that they fear the United States may end up surrendering on financial regulatory matters to the Financial Stability Board, a group they referred to as an "international old boys club that deliberates in secret."

  • Stocks fell Tuesday after American International Group reported a decline in profit.

  • *Tension continues between Russia, Ukraine. Investors continued to watch the ongoing unrest in Ukraine, where more than 30 pro-Russian separatists were killed in fighting near the east Ukraine rebel stronghold of Slaviansk, according to Interior Minister Arsen Avakov. Russia announced plans to beef up its Black Sea warship fleet.

  • Office Depot to close 400 U.S. stores; shares rally. NEW YORK, May 6- Wall Street edged lower on Tuesday, led by losses in financial stocks, while the technology sector was weighed by a selloff in shares of Twitter.

  • Early movers: MRK, GE, DTV, AIG, APC, CS & more Tuesday, 6 May 2014 | 7:54 AM ET
    Traders on the floor of the New York Stock Exchange on April 11, 2014

    Some of the names on the move ahead of the open.

  • After-hours buzz: Anadarko Petroleum, Apple & more Monday, 5 May 2014 | 4:59 PM ET
    An Apple Store employee rings up a purchase of the new iPhone 5S in Palo Alto, California.

    Check out which companies are making headlines after the bell Monday: Anadarko Petroleum, Apple & more

  • May 5- American International Group Inc posted a 27 percent fall in quarterly income, hurt by a drop in earnings from premiums and higher disaster losses in its core property and casualty insurance business. Net premiums earned in its property casualty unit fell 4 percent to $8.23 billion in the first quarter ended March 31, AIG said on Monday.

  • AIG profit falls 27 pct Monday, 5 May 2014 | 4:06 PM ET

    May 5- American International Group Inc posted a 27 percent fall in quarterly profit on Monday, hurt by higher catastrophe losses at its core property and casualty insurance business. The U.S. insurer's net income fell to $1.61 billion, or $1.09 per share, from $2.2 billion, or $1.49 per share, a year earlier.

  • AIG revenue misses expectations, shares drop Monday, 5 May 2014 | 4:03 PM ET

    American International Group delivered quarterly revenue that missed analysts' expectations on Monday.