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AIG to Post $4.1 Billion in Costs for Chartis’s Loss Reserves

February 9th, 2011 Comments off

American International Group Inc., the insurer that received a $ 182.3 billion U.S. government bailout, expects to record $ 4.1 billion in costs for the fourth quarter of 2010 to strengthen loss reserves in its Chartis property and casualty insurance subsidiaries.
BusinessWeek.com — Finance