AIG reports steeper 3Q net loss (AP)

By admin on November 4th, 2011

The logo of American International Group Inc. (AIG) on the outside of their corporate headquarters in New York, November 10, 2008. REUTERS/Mike SegarAP – Insurer AIG on Thursday posted a steeper third-quarter loss, undercut by declining interest rates and weak stock markets that reduced the value of its holdings while it paid out storm losses. It also took a big one-time charge for a fleet of older less fuel-efficient aircraft.


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