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Aig To Sell Off Business Units But Retain Us Property And Casualty - Minneapolis Star Tribune
charlotte, n.c. - the insurer american international group inc. said friday it plans to sell off a number of business units to pay off its massive government loan. the announcement was expected by wall street. but it now leaves investors wondering ...
www.startribune.com

Aig To Sell Japanese Life Insurance Units
american international group inc, plans to sell its three japanese life insurance businesses, an aig spokesman said on saturday, in sale japanese media estimated could top $9.5 billion.
news.yahoo.com

Aig To Sell 3 Japanese Life Insurance Units
embattled insurer american international group inc. said it will sell three of its japanese life insurance businesses. as part of its effort to pay off a massive u.s. government loan, aig has decided to unload alico japan, aig edison life insurance co., and aig star life insurance co., the company said late friday.
biz.yahoo.com

Aig To Sell Off Business Units But Retain Us Property And Casualty - Minneapolis Star Tribune
charlotte, n.c. - the insurer american international group inc. said friday it plans to sell off a number of business units to pay off its massive government loan. the announcement was expected by wall street. but it now leaves investors wondering ...
www.startribune.com

Wednesday's Market Movers - Chicago Tribune
shares of financial giants gained on optimism that congress would approve a $700 billion financial rescue package. stock of bank of america corp. added 9 percent, to $38.13, while american international group inc. rose 19 percent, to $3.95. shares of ...
www.chicagotribune.com

Aig To Sell Three Japanese Life Insurance Units
embattled insurer american international group inc (aig) has said it will sell three of its japanese life insurance businesses.
www.financialexpress.com

Aig Keeps Its Asian Life Insurance Business
aia policyholders in singapore are now unlikely to have their policies sold or transferred to another insurer, after their insurer's troubled american parent said last night it will not sell off its coveted foreign life insurance units.
www.asianewsnet.net

Maurice 'hank' Greenberg Presses Aig To Let Him Bid - Times Online
maurice “hank” greenberg, the former chief executive of american international group, has lambasted the insurance giant for denying him the opportunity to bid for any businesses that it may put up for sale to repay a loan of $85 billion (£47 ...
business.timesonline.co.uk

A.i.g. Uses $61 Billion Of Fed Loan - Times Daily
the american international group said on friday that it had already drawn down $61 billion of the $85 billion emergency bridge loan it received from the federal reserve two weeks ago, an announcement that startled credit ratings agencies. the ...
www.timesdaily.com

Aig Will Sell Life Insurance Business To Pay Back Federal Loan
american international group inc., the insurer forced to peddle businesses to repay an $85 billion government loan, will sell its life insurance operations in the u.s., europe, latin america, south asia and japan.
www.app.com

Aig Plans To Sell Alico Businesses, Keep Foreign General Insurance - Regional
although us insurer aig (nyse: aig) plans to hold on to its foreign general insurance businesses, it will try to sell many of its assets in its american life insurance company (alico) operations, ceo edward liddy told a conference call.
www.bnamericas.com

Genworth Climbs On Possible Sale Of Insurance Unit - Boston Globe
charlotte, n.c.— shares of genworth financial inc. climbed tuesday after the mortgage insurer said it is considering various strategic alternatives for its u.s. mortgage-insurance business, including a possible spinoff. shares of genworth spiked ...
www.boston.com

Obama Assails Mccain Over Health Care Plan - The Washington Times
newport news, va. (ap) - democrat barack obama sharply criticized republican john mccain's health care proposals saturday, saying they could force millions of americans to struggle to buy medical insurance. turning to an issue that has faded somewhat ...
washingtontimes.com

Aig To Sell U.s., Overseas Life Units To Repay Loan (update4)
oct. 3 (bloomberg) -- american international group inc ., the insurer forced to peddle businesses to repay an $85 billion government loan, will sell its life insurance and retirement operations in the u.s., europe, latin america and japan.
www.bloomberg.com

Aig Plans Sale Of Its Nashville Insurance Unit
beleaguered insurer american international group said friday it plans to sell off a number of operations, including its nashville-based life insurance operation, to focus on property and casualty insurance and pay off a massive government loan.
www.tennessean.com

Senate Gives New Life To Bailout; Levin, Stabenow Split Votes - Detroit Free Press
although the updates targeted some of the concerns held by the plan's house opponents, such as boosting insurance on bank deposits, it wasn't clear whether they would be enough to win the 12 extra votes needed to pass. several lawmakers in both ...
www.freep.com

Buffett's Ferocious Focus - Businessweek
for more than half a century warren buffett has shown impeccable timing. so perhaps it should come as no surprise that the first biography he has authorized was published in late september as news of the financial crisis that he had warned about ...
www.businessweek.com

Spike In Life Insurance Cds Spreads Said Overdone
new york, oct 3 (reuters) - a sharp increase in the cost of insuring u.s. life insurance companies' debt against the risk of default is overdone as the major players are not facing any liquidity or solvency issues, research firm creditsights said on friday.
malaysia.news.yahoo.com

American General Owner Focusing On Insurance
the owner of evansville's american general finance is shifting its focus to insurance.
www.14wfie.com

Senate Passes $700b Bailout Plan - Baltimore Sun
washington - after one spectacular failure, the $700 billion financial industry bailout found a second life tonight, winning lopsided passage in the senate and gaining ground in the house, where republican opposition softened. senators loaded the ...
www.baltimoresun.com