A New Chapter for AIG

Robert Benmosche, CEO of AIG was confident that the sale of International Lease Finance Corporation (ILFC) to AerCap Holdings N.V. would close:  “we’re very confident that this transaction will in fact close in the second quarter.” His confidence was well placed. On May 14, 2014 AIG announced it had completed the sale [Source] for $3.0 billion […]

American International Group (AIG) 4Q12 Results: What a Year

American International Group (AIG) reported 4Q12 earnings on February 21, 2013 [Source]; the results beat Wall Street expectations although the company did not meet all of its performance targets. However, it was an outstanding year showing progress on many fronts and demonstrating the earnings power that will provide shareholder returns for years to come. Bob Benmosche, […]