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Insurance Blog; March, 2009 Archive; Insurance Blog

AIG posts $62 billion loss, gov't to restructure bailout plan

03/22/09 00:06

More bad news for the US economy. The American Insurance Group (AIG) just posted a quarterly lost of $62 billion for the last quarter or 2008, the largest ever quarterly loss in American corporate history. This makes the company's net loss for the year amount to $99 billion. In 2007, the company made $9.3 billion in profits.

This has prompted the government to restructure its bailout plan to give more help to the battered insurance company, saying that its fall will be a fatal blow to the financial sector.

Link: AIG suffers $62 billion loss, bailout revamped - Mar. 2, 2009

Tags: bailout • aig loss •
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Cronin Insurance Brokers Ltd Interview

By Interviewer at 03/12/09 14:57
Name of your website?

Cronin Insurance Brokers Ltd

Your name?

Michael

Your Location (city, etc)

Dublin

Please give us a short summary of your website?

We offer commercial, business and personal insurance in Ireland. We have been working in the insurance industry for over 20 years and are able to offer our clients a level of expertise that is second to none.

Read more: Cronin Insurance Brokers Ltd Interview [click]

Tags: web interview • commercial insurance • personal insurance • life assurance •
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Free Insuance Quotes Interview

By Interviewer at 03/02/09 10:37
Name of your website?

Free Insuance Quotes

Your name?

Dino Paglia

Your Location (city, etc)

Dublin, Ohio 43016

Please give us a short summary of your website?

This website give individuals and small businesses an easy way to get free insurance quotes

Read more: Free Insuance Quotes Interview [click]

Tags: web interview • free insurance quotes • health insurance • medicare plans •
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