Posts Tagged ‘insurer’

U.S. insurance giant AIG has profit boosted by tax benefit

American International Group Inc. reported a profit of $ 19.8 billion for the fourth quarter of 2011, which was made possible by a large tax benefit the bailed-out insurer had after predicting it can keep generating profits in coming years. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Catlin profits down a third from disasters

A STRONG underwriting performance helped Lloyd’s of London insurer Catlin shrug off a $218million hit on its annual profits from natural disasters. View full post on Business Stories

AIG planning to repay US taxpayer

Bailed-out insurer AIG plans to move ahead with the process of paying back US taxpayer cash. View full post on Business Stories