America’s Improved Giant
Tuesday, February 26, 2013

AMERICANS are often asked by politicians if they are better off now than they were four years ago. Anyone involved with American International Group (AIG), an insurance company felled by the financial crisis, can safely answer “yes” to that question. In just four years it has freed it... .. read more..

Capital curbs on insurers will add to government burden: IIF
Tuesday, December 18, 2012

LONDON (Reuters) - Proposed curbs on insurers aimed at preventing a repeat of AIG's 2008 taxpayer bailout could raise the cost of insurance, making more people dependent on the state, a finance sector lobby group said. "As currently designed, there is a high risk of detrimental unintended consequ... .. read more..

Commentary cites risks from reinsurance-tax bill
Sunday, October 28, 2012

After disasters like earthquakes in California and hurricanes along the coast of the Gulf of Mexico, the public face of recovery often is the insurance companies. Just as important to ensuring this sector's survival are the reinsurers that provide backup insurance coverage, particularly in high-r... .. read more..

Some climate scientists, in a shift, link weather to global warming
Tuesday, October 16, 2012

The worst drought in half a century has plagued two-thirds of the nation, devastating farms and stoking wildfires that scorched almost 9 million acres this year. Withering heat blanketed the East Coast and Midwest, killing scores of people and making July the hottest month ever recorded in the U.... .. read more..

AIG may come under much more U.S. regulatory oversight
Thursday, October 4, 2012

(Reuters) — A federal panel may tag American International Group Inc. as "too big to fail," a move the company has been expecting and one that would sharply increase regulatory oversight of the government-rescued insurer.   AIG said on Tuesday that the Financial Stability Oversight Cou... .. read more..