Insurance Resources » MetLife

AIG CEO Says U.S. Taxpayers to be Repaid by 2013

ike5266 — Thu, 08 Apr 2010 22:59:05 +0000

AIG likely will repay its remaining $102 billion balance owed to U.S. taxpayers before 2013, company officials announced.

AIG, MetLife Agree on $15.5 Billion Deal for Asian Life Insurer

ike5266 — Mon, 08 Mar 2010 19:54:27 +0000

Officials for taxpayer-rescued American International Group (AIG) today announced they have finalized a $15.5 billion deal to sell the insurer’s Asia-based life insurance subsidiary to MetLife.

Report: AIG to get $35.5 Billion for Asia-based Subsidiary

ike5266 — Tue, 02 Mar 2010 20:38:38 +0000

fficials for struggling insurer American International Group (AIG) are close to securing $35.5 billion for a lucrative Asia-based life insurance company from England-based Prudential.

Federal Tax Issue Puts Brakes on AIG, MetLife Deal

ike5266 — Thu, 18 Feb 2010 20:50:26 +0000

MetLife and AIG officials have put a hold on a $15 billion deal for AIG's American Life Insurance Company while awaiting word from federal officials regarding tax issues.

MetLife, AIG Officials Mulling Terms for Asian Life Insurance Unit

ike5266 — Fri, 12 Feb 2010 00:07:05 +0000

Apparently having reached a tentative selling price of about $15 billion to acquire Asian-based American Life Insurance Company (Alico) from the American International Group (AIG), MetLife officials reportedly are offering about $8 billion in company shares as partial compensation.

Fed Gets $9 Billion if MetLife Buys AIG Subsidiary

ike5266 — Thu, 21 Jan 2010 20:06:40 +0000

Reports of a pending sale of a lucrative, Asian-based life insurance unit to MetLife by the American International Group (AIG) could mean U.S. taxpayers will recoup up to $9 billion of their involuntary rescue of the nearly bankrupted insurance giant.

Chinese Bank Buys AIG Hong Kong Unit for $70 Million

ike5266 — Thu, 05 Nov 2009 00:21:33 +0000

AIG raises another $70 million toward its multi-billion debt to U.S. taxpayers.

Sen. Reid Gaffe Falls Hard on The Hartford, MetLife

admin — Tue, 29 Sep 2009 20:00:00 +0000

Unfounded and untimely comments by U.S. Senate Majority Leader Harry Reid likely contributed to a recent stock downturn for many U.S.-based insurance companies.