Reuters logo
AIG expects loss of at least $1.3 bln from Sandy
December 7, 2012 / 9:15 PM / 5 years ago

AIG expects loss of at least $1.3 bln from Sandy

Dec 7 (Reuters) - Insurer American International Group Inc on Friday said it expects after-tax losses of at least $1.3 billion from Superstorm Sandy.

AIG said it would contribute $1 billion from existing funds to its U.S. property insurance subsidiaries to help cover the losses.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below