AIG set to reveal loss
Troubled US insurance giant AIG is set to reveal a fourth-quarter loss of up to $60bn. According to ...
Troubled US insurance giant AIG is set to reveal a fourth-quarter loss of up to $60bn. According to reports on CNBC, AIG is believed to be talking to the US government about another cash injection despite already being 80% state-owned. The losses, due to be announced on 2 March, are thought to be write-downs on commercial property and other assets.
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