The president and chief executive officer of
"Conventional wisdom has been as long as Treasury has a large position,
In March, AIG purchased 103 million shares of AIG common stock from the U.S. Treasury for about
"The most important message that I think comes out of the first quarter of 2012 is the strong organic growth of this company and the strength of our insurance businesses," Benmosche said.
AIG reported a first-quarter net income of
"If you look at Chartis, you see loss ratios improving, you see rate coming in and we see a better mix of our business, but keep in mind … that it takes time to see these improvements emerge in our financials," Benmosche said.
AIG executives said their first-quarter catastrophe losses were very low, tallying
Operating income for
Also in the quarter, AIG made a
Most AIG companies currently have a Best's Financial Strength Rating of A (Excellent). On the morning of
|Copyright:||(c) 2012 A.M. Best Company, Inc.|
|Source:||A.M. Best Company, Inc.|