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Insurance Law Center
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Insurance Law News
11/6/2009 2:20:09 PM EST
LexisNexis Insurance Center Staff
AIG Shows Profitability
NEW YORK – The Insurance Journal reports that AIG has reported its second consecutive quarter of profitability. CEO Robert H. Benmosche stated that "virtually all key risk measures are down significantly and the earnings again benefited from a positive unrealized market valuation gain on the Super Senior Credit Default Swap portfolio." Benmosche stated, though, that restructuring of AIG was continuing and volatility in earnings in the future should be expected.
 
Read about AIG in the Insurance Journal.
 

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